The Reserve Bank of India's FSR of December 2021 had also highlighted that given the level of inflation, investors are looking for a certain level of returns, and P2P platforms offer an incentive
Faircent uses fintech, analytics and automation to bring individual borrowers and lenders on the same platform
Gives insights into loan performance and investor returns
P2P lending players have been so far focused on unsecured credit
Riding purely on word-of-mouth publicity, one of India's first community lending platforms makes it to Interbrand's global list of breakthrough brands
At Faircent, people who have spare money lend it directly to people who want to borrow
Interbrand launched the Interbrand Breakthrough Brands report 2016 in partnership with Facebook, Ready Set Rocket, and NYSE
Funds to be used for better risk mitigation practice and expansion