Tagged: lendenclub

Bangalore and Mumbai had the Most Borrowers and Lenders Engaging in Transactions on P2P Platforms in India: LenDenClub Report

February 26, 2020 @ 10:26 pm By Omar Faridi |

Unified Payments Interface (UPI), which is an instant and real-time payment system created by India’s National Payments Corporation for handling inter-bank transfers, is the most widely-used loan repayment method, with 50% of such transactions using UPI. ECS payments, which handle bulk transfer of funds from… Read More

Peer to Peer Lending Platform LenDenClub Teams Up with Singapore’s CredoLab to Offer AI-based Credit Scoring System

February 20, 2020 @ 1:29 am By Omar Faridi |

LenDenClub, a peer-to-peer (P2P) lending solution provider, has teamed up with Singapore-headquartered CredoLab, an established developer of bank-grade online credit scorecards, which are based on mobile phone metadata. LenDenClub has integrated CredoLab’s credit scoring system, called CredoSDK. The credit system will help the firm in… Read More