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FinTechLabs - Enabling P2P Lending Ecosystem

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FinTechLabs presenting at Startup Open House by 91Sprindboard
Talking about what is Peer to Peer Lending, how does an online peer to peer lending platform works, the technology behind credit analysis making it better and faster and the P2P Lending landscape in India, the huge market opportunity and the challenges faced.

Published in: Economy & Finance
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FinTechLabs - Enabling P2P Lending Ecosystem

  1. 1. ENABLING P2P LENDING ECOSYSTEM
  2. 2. WHAT IS P2P LENDING? People Banks 7-8% Interest
  3. 3. WHAT IS P2P LENDING? People Banks People 7-8% Interest 12-15% Interest
  4. 4. WHAT IS P2P LENDING? People Banks People P2P Lending 7-8% Interest 12-15% Interest 12-25% Interest More Agile, Cover Wider Audience
  5. 5. 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
  6. 6. PRODUCTS CREDIT ANALYSIS BOT
  7. 7. PRODUCTS CREDIT ANALYSIS BOT Get your own Peer to Peer Lending Platform
  8. 8. PRODUCTS CREDIT ANALYSIS BOT Reads and Analyzes Bank Statements Reduces Underwriting time for Lenders
  9. 9. PRODUCTS CREDIT ANALYSIS BOT We provide these Softwares as a Service
  10. 10. BANK STATEMENTS READER
  11. 11. 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
  12. 12. 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
  13. 13. 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
  14. 14. TEAM
  15. 15. THANK YOU www.fintechlabs.in Vipul Rawal 9654100167 vipul@fintechlabs.in

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