Being innovative • 6m
i have idea of creating an online platform that connects lenders directly with borrowers is similar to peer-to-peer lending (P2P lending). P2P lending has become popular in recent years as an alternative to traditional banking and NBFC loans. To make this business idea successful, we will need to create a user-friendly platform that is secure and trustworthy. we will also need to develop a system to verify the identity and creditworthiness of borrowers, as well as assess the risk of each loan. One way to differentiate our platform from other P2P lending sites is to focus on a specific niche, such as small business loans or loans for people with poor credit. By catering to a specific market, we can offer more personalized services and attract borrowers who may have difficulty obtaining loans through traditional channels. To generate revenue, we can charge lenders a small fee for each loan, or take a percentage of the interest rate charged to borrowers
Believe in change • 4m
Hi Friends, Please upvote my idea “Hey Buddy” on startup showcase Hey Buddy is a peer-to-peer (P2P) general lending platform that will enable you to connect with the peers in your nearby area or across cities for lending and borrowing of items for d
See MoreDreaming Big • 5m
Introducing Our Innovative Startup: Loan Settlement with Blockchain Technology In today’s financial world, many loan borrowers, from individuals to large-scale clients, struggle with timely repayments. This often results in legal complications, high
See MoreFounder - Burn Inves... • 7m
We reached out to many P2P platforms from January to July this year regarding their incorrect business models where they were not following P2P lending rules. They kept telling us that they were not doing anything wrong and were operating according t
See MoreFounder - Burn Inves... • 1y
why the RBI isn't taking any action against P2P platforms for accepting lenders' money on their own balance sheets. According to RBI guidelines, P2P platforms cannot accept money on their own balance sheet or provide rapid liquidity to any lender, ye
See MoreDownload the medial app to read full posts, comements and news.