Crowdo, a South East Asian online marketplace for P2P lending and crowdfunding, posted an infographic citing its 2017 milestones.
“2017 has been a great year for Crowdo as we hit several milestones and experienced tremendous growth in our organization where saw our year start off with a book size growth over 400% on an annualized basis and continued to deliver value to our investors, borrowers and issuers,” emailed Crowdo spokesman Raymond Leung.
To recap, in March Crowdo launched its securities crowdfunding platform at the Singapore Exchange (SGX). In June, the P2B lending operator achieved full regulatory registration in Indonesia by the Indonesia Financial Regulator, Otoritas Jasa Keuangan (OJK). In November 2017 Crowdo unveiled its proprietary Artificial Intelligence driven due diligence system.
[clickToTweet tweet=”[email protected] financed over 3,500 projects with a global membership base of 34,000. @Leo_Shimada ” quote=”Crowdo financed over 3,500 projects with a global membership base of 34,000.”]
Having financed over 3,500 projects with a global membership base of 34,000, Crowdo considers itself the largest and one of the fastest growing P2B operators in Indonesia based on membership. The company offers a wide suite of P2B solutions ranging from collateralized micro business loans to larger working order loans.
Looking ahead to 2018, CEO Leo Shimada commented via email,
“2017 was a ground breaking year where we deployed the region’s first artificial intelligence powered due diligence system, and kickstarted the year with 400% growth across Indonesia, Singapore and Malaysia. 2018 will be all about accelerating our growth trajectory thru introduction of new markets, ground breaking partnerships, and continued technology innovation. Looking forward to hearing back from people in the funding and origination ecosystem on how they would like to become part of our exciting growth agenda.”