In short: Arcadia Finance (arcadiafinance.co.za) is a free loan-comparison tool, not a credit provider. It is run by Draivi Media Oy, a Finnish company, and works with NCR-registered lenders and the broker Myloan.co.za. One free application goes to a panel of up to 16–19 lenders and you get non-binding offers for R500 to R350 000 over 6 to 72 months, with rates from about 11% up to the legal cap. Checking your options does not affect your credit score. Facts from arcadiafinance.co.za, checked 26 October 2026.
Key facts
| Arcadia Finance | |
|---|---|
| What it is | Online loan comparison — "not a credit provider" |
| Operator | Draivi Media Oy, Finland (business ID FI-24645516) |
| Mailing address | N°5 Sturdee Avenue, Suite 301, Rosebank, Johannesburg |
| Partners | NCR-registered lenders; partner broker Myloan.co.za |
| Amounts | R500 – R350 000 |
| Terms | 6 – 72 months |
| Rates | From about 11%; unsecured loans are capped at 28.25% a year (Oct 2026) |
| Cost to you | Free, no application fee |
| Credit score | Checking options does not affect it |
Who is behind Arcadia Finance
Arcadia Finance belongs to Draivi Media Oy, a company registered in Finland. In South Africa it partners with Myloan.co.za, which passes applications to registered lenders. It has a Johannesburg mailing address but no phone line; contact runs through the website and social media.
Is Arcadia Finance legit?
It is a comparison service, so it does not need an NCR credit-provider registration — your loan is with an NCR-registered lender, and that lender must give you a pre-agreement quotation and follow the National Credit Act. Before you accept, check the lender on ncr.org.za.
Note: Arcadia Finance's pages still quote a 28% maximum rate. After the Reserve Bank's September 2026 hike the legal cap for unsecured loans is 28.25%.
