Tagged: faircent

May 22, 2018 @ 11:53 am By Erin Hobey  |  

P2P lender Faircent.com has received NBFC-P2P certification from the Reserve Bank of India (RBI), reportedly the first P2P lending platform in the country to receive the certificate of registration as an NBFC-P2P by the national regulator. Faircent.com anticipates that the RBI certification will help Faircent.com gain… Read More

July 26, 2017 @ 11:29 am By Samantha Hurst  |  

P2P lending platform Faircent announced the launch of its new auto investment feature, which according to Economic Times, will eliminate the need for lenders to browse through borrower profiles by automating the process. While sharing details about the new feature, Chief Technology and Product Officer… Read More

December 29, 2016 @ 8:40 pm By Jessica Pham  |  

When Indian Prime Minister Narendra Modi announced in November that the country would no longer use its R500 and R1000 (approximately $7.50 and $15.00) currencies — which make up 86 percent of all cash in circulation in India — observers questioned the wisdom of the… Read More

September 16, 2016 @ 12:15 pm By Samantha Hurst  |  

This week, India-based peer-to-peer lending platform Faircent announced it appointed Shakti Goel as its new chief or product and technology. Goel has over 20 years of experience in leveraging technology-based solutions and is currently the technical advisor, and board member of DEWI Online. Other positions he has held… Read More

April 10, 2016 @ 2:59 pm By JD Alois  |  

In the first bi-monthly Monetary Policy Statement, 2016-17 Dr. Raghuram G. Rajan,  Governor of the Reserve Bank of India, stated that a conceptual document will be posted on their website by the end of the month.  According to the statement from last week; Peer to Peer… Read More

October 13, 2015 @ 1:35 am By Midori Yoshimura  |  

Peer-to-peer lending platform Faircent has raised an undisclosed amount of funding from Aarin Capital, a fund led by Infosys’ former CFO and chairman of Manipal Global Education T.V. Mohandas Pai, according to the Economic Times’ ET Tech, citing people aware of the development. Pai will also join the… Read More

June 12, 2015 @ 11:32 am By Samantha Hurst  |  

On Friday, Gurgaon-based peer-to-peer lending platform Faircent announced it has raised ₹250,000 in its pre-series A round, which was led by M&S Partners Pte. Ltd. Faircent is said to be India’s largest P2P lending site.  The platform has been in operation since mid 2014 and… Read More

April 30, 2015 @ 2:29 am By Midori Yoshimura  |  

One of India’s largest peer-to-peer lending marketplaces, Faircent.com, today announced its alliance with Yodlee, a U.S.-based leading cloud-based technology and applications platform for digital financial services, according to India.com. Faircent is the first P2P lending marketplace to align with Yodlee in Asia, India.com noted. Yodlee, led by CEO… Read More

January 9, 2015 @ 6:43 pm By JD Alois  |  

According to multiple reports, peer to peer lending platform Faircent has raised capital giving an estimated valuation of the peer lending site of $4 million.  Specific details of the funding round were not readily available. VCCircle stated that “an undisclosed amount in funding from Devesh Sachdev… Read More