For Everyone

German company nordIX will invest 5 million EUR to Finbee loans

German investment management company nordIX will invest 5 million EUR to the consumer loan portfolio of the peer-to-peer lending platform Finbee. According to Darius Noreika, the head of Finbee, nordIX\'s funds will be directed to all newly issued consumer loans, and the share financed by the fund will be at least 38% for each loan. \"The funds raised will allow us, first and foremost, to speed up loan financing and ensure that borrowers have more efficient access to the money they need. At ...

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For Lender

Answers to your questions

For Lender

New features in Finbee platform

For Lender

Investing in Peer-to-Peer Loans: Can you Identify Creditworthy Borrowers?

Asymmetry of information Peer-to-peer (P2P) lenders would make great poker players. Making difficult calls with imperfect information, reading people, making sure their stories add up. Traditional banks have a plethora of tools at their disposal when evaluating the risk of a loan. Meanwhile, P2P lenders have to make do with what information is publicly disclosed about the borrower. No in-depth credit history – just the P2P platform’s credit risk rating. No tools for monitoring how their ...

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