Marketplace for Investors and Borrowers
on a Banking Platform
In an era where technology is flourishing, business models and value chains have shifted to digital; value is created in the cloud, distributed over the internet and consumed over mobile devices. New technologies take less time to reach critical mass, superseding traditional business models much more quickly.
Peer-to-peer lending is a new method of debt financing that allows people to borrow and lend money without a financial institution. Harnessing technology and big data, P2P platforms connect borrowers to investors faster and cheaper than any bank.
This concept has redesigned the global financial marketplace and it is gaining huge popularity across the globe especially the developed countries which have evolved their financial systems in the past several decades.
P2P Lending is beneficial for both the borrower and the lender
| Higher interest rates compared to conventional products:
o Savings Account
o Saving Certificates
· Ability to choose the borrower based
on credit profile, purpose of loan etc.
· Diversification of portfolio.
|• Access to loans which may not be available to the borrower through the conventional financial channels.
• A favorable rate of interest compared to conventional financial institutions.
• Choose EMI (Equal monthly installment) plans based on their financial capability.
Our Product uses banks as platform providers for the marketplace facilitating this transaction between investors and borrowers.