# Plensy™

World’s First NFT Auto Smart Loan with Proprietary AI Credit Scoring Algorithm 

## Elevator pitch
We created the world's first end-to-end lending solution starting with helping car buyers regain control over their buying power. A new credit scoring model using our patent-pending AI to generate a borrowers authenticated creditworthiness without using traditional scoring options, Increasing risk or basis of discriminatory racial effects. We utilize the blockchain and attach NFTs to vehicles calling them Auto Smart Loans. Our model is called Plensy™; an acronym for points-based lending system.

- Canonical URL: https://wefunder.com/plensy
- Entity ID: wefunder:company:101907
- Last updated: 2026-06-04T23:53:50Z
- Generated at: 2026-06-05T01:25:16Z

## Quick facts
- 🚗 120+ New Car Franchise Dealerships have signed LOIs with Plensy™ like Berkshire Hathaway & Lithia Motors
- ✅ Plensy™ is Self-funded with no debt & minority owned & female-led. We are ready to go-to-market!
- 🤑 Invest in & Own Security Tokens with dividend payouts
- 🔗 Reduced risks by Securitizing Auto Loans on the blockchain
- 🏦 Disrupting the $1.4 Trillion auto loan market using our Proprietary AI Credit Scoring system
- 💳 Car buyers taking back control of buying power, creditworthiness & access to fair interest rates
- ®📑 Patent-pending & trademark approved Plensy™ model - a points-based lending system
- 🏆 Auto Finance Innovator 2021 Nominee & featured in DigitalJournal, CXAutoConf, MarketWatch & more

## Active fundraises
- wefunder:fundraise:57786: 4(a)(6) open (USD)

## Story
Come join us in the world's first end-to-end credit and lending solution campaign to aid our neighbors who are being victimized by sluggish credit and for-profit shark lending companies like Experian, Transunion, and Equifax.HOW IT STARTED: Dealerships expressed pent-up loan demands. People couldn’t purchase vehicles because of current antiquated lending and credit scoring models. There was no mechanism for releasing it.Plensy™ is a business model that does not exist anywhere in the world. Alarming facts of our WHY were invented & propelled by doses of irritation, frustration, discontent: credit scoring algorithm hasn’t been changed since 1989, monopolized and privately owned, punished for pandemics, fees to view credit score, lowered score with application processing, and more.WHERE WE ARE: So we solved the problem and cured the credit scoring ailment by: developing and offering a transparent & ethical new model called Plensy™, a points-based lending system using Blockchain and AI algorithm technology and attaching NFTs to vehicles calling them Auto Smart Loans. Up until now, Plensy™ has been fully funded by the founding team and is ready to go-to-market with your pledge! By pledging to our campaign, you will be assisting us to fund working capital for "The Peoples Credit & Lending" model we have built over the past several years.As well as, help us get families into reliable and affordable vehicles with fair interest rates and loan terms, and provide quicker car buying experiences. MARKET VALUE:Roughly $1.4 trillion dollars in Auto Loans are given each year. We have set a highly conservative goal of 0.1% of this market which would be in the $1 billion range.CURRENT CHALLENGES FOR BUYERS AND DEALERS:YOUR CURRENT EXPERIENCE: HOW IT WORKS FOR CAR BUYERS: OUR INVESTMENT UPSIDE: We invented a modern model of securitizing loans by building a proprietary token that will be sold on open blockchain exchanges around the world. PLENSY™ NFT Security Token is Designed for Upside Appreciation + Downside Protection: The current banking industry-standard reserve is 5%. We are setting aside a 20% reserve. PLENSY™ 2-Step Auto Loan Market ActivationTRACTION TO DATE:  Roughly 120 dealerships have signed letters of intent stating they are ready to offer the Plensy™ alternative credit and lending solution to their customers. Dealership managers stated they would be able to sell 25-35 additional vehicles per month to creditworthy buyers! That could be you!We took 3.3m data points of potential car buyers and received 97% accuracy of their authentic creditworthiness and ability to pay a loan using our system.Our CEO was nominated for an Innovative Auto Finance AwardOur Chief Growth Officer was nominated as Most Inspirational Woman by the Los Angeles TimesInterviewed on AutoConversion PodcastErik Day, VP & CFO of the Warren Henry Auto Group's 14 South Florida dealerships, clarified on the 2021 CXAuto Conferencepanel with Ms. Kolosky at 1:34:30, “absolutely Plensy™ is needed….we are missing out on a lot of customers due to many factors…” USE OF FUNDSWith the money raised from this campaign, Plensy™ will use the investment to beta-test 5 dealerships and provide a proof-of-work loan book, expand to more states by obtaining the licensing needed to lend, hire more staff, and market to those who want to create a more plentiful life. All of this will escalate our profitability and your investment, and make it easier for us to expand to the entire United States. PROFORMA

## Team
- Sam Errama (Founder)
- Muralidhar Margapuri (Chief Technology Officer)
- Brandi Kolosky (Chief Growth Officer)
- Courtney Olujobi (Strategy Officer)
- Zouheir Lakhdissi (Cyber-Security Advisor)
- Taha Errama (Global Strategic Advisor)
- Mike Benavides (Data Scientist)