FinTechLabs - Enabling P2P Lending Ecosystem
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Transcript of FinTechLabs - Enabling P2P Lending Ecosystem
ENABLING P2P LENDING ECOSYSTEM
WHAT IS P2P LENDING?
People Banks7-8% Interest
WHAT IS P2P LENDING?
People Banks People7-8% Interest 12-15% Interest
WHAT IS P2P LENDING?
People Banks People
P2P Lending
7-8% Interest 12-15% Interest
12-25% Interest
More Agile, Cover Wider Audience
P2P LENDING PLATFORM
Borrower Section Investor Section Admin Section
Apply for loan
Upload the required documents
Track application status
See Investment options & Borrow’s profile,
documents and credit analysis
Track cashflows
Approve Investors & Borrowers
Credit Analysis of Borrowers
Monitor all transactions
PRODUCTS
CREDIT ANALYSIS BOT
PRODUCTS
CREDIT ANALYSIS BOT
Get your own
Peer to Peer
Lending Platform
PRODUCTS
CREDIT ANALYSIS BOT
Reads and Analyzes Bank
Statements
Reduces Underwriting time
for Lenders
PRODUCTS
CREDIT ANALYSIS BOT
We provide these Softwares as a Service
BANK STATEMENTS READER
CREDIT ANALYSIS
Reduced cost and faster turn-around time => Delighted customer and higher throughput
Powering Underwriting, Analysis and Verifications with Technology
Source of
Income
Liabilities
(EMIs etc)
Bounced
Cheques
Penalties/
Late Payments
• Identifies relevant recurring income/expense transactions
• Identifies capacity to repay
• Calculates relevant ratios
P2P LENDING IN INDIA
In India, the Biggest player claims to have disbursed loans of Rs 50 Crores over last 1.5 years
In Europe, all P2P Lending Platforms together are disbursing over $400 million every month
P2P LENDING IN INDIA
In India, the Biggest player claims to have disbursed loans of Rs 50 Crores over last 1.5 years
In Europe, all P2P Lending Platforms together are disbursing over $400 million every month
CHALLENGES IN INDIA
1. No Digital Signature – Hence longer disbursement time
2. No Regulations – Hence problem of handling payments
3. No Strong Credit Agencies – Hence a PDC is taken from borrowers
TEAM