Peer-to-peer lending platform awaits BOT nod

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Peer-to-peer lending platform awaits BOT nod

By NOPHAKHUN LIMSAMARNPHUN
THE NATION

 

VORAPOL PHORNVANICH, chief executive of PeerPower, a financial-technology start-up, aims to create a new online peer-to-peer lending platform for investors and borrowers.

 

One of the 10 fintech teams chosen by the Securities and Exchange Commission in a recent competition, PeerPower is awaiting regulatory approval to launch a new consumer-loan business model.

 

“PeerPower is an online marketplace that allows investors to lend money directly to customers without having to go through an intermediary,” Vorapol said.

 

Full story: http://www.nationmultimedia.com/news/business/corporate/30305129

 

 

 

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