Shiny Coins is a free loan application available on Android. Developed by Eveline Ingram, it falls under the Business & Productivity category and Finance subcategory. The app offers loans ranging from $500 to $20,000 pesos with a minimum repayment period of 91 days and a maximum of 365 days. The interest rate can go up to 0.09% per day, with a minimum annual interest rate of 12% and a maximum of 36%.

The repayment process is straightforward. For instance, if a user borrows $2000 for 91 days with a daily interest rate of 0.09%, the final repayment amount will be $2163.8, which includes the capital amount ($2000), interest ($163.8), and zero additional fees. To apply for a loan, users need to download the app, fill a brief application form, verify their identity, and receive the money directly in their bank account. Shiny Coins also allows users to make payments online or through OXXO Saldazo. The app is exclusively available in Mexico and requires users to have a Mexican INE/IFE and a debit account in Mexico.