Funded
Curated by SignalP2P lending marketplace connecting borrowers and investors for better returns.
Overview
Funded operates as a peer-to-peer lending marketplace that connects individual borrowers with investors, facilitating direct financial transactions while bypassing traditional financial institutions. The platform employs algorithms and data analytics to evaluate borrower creditworthiness and offers various loan products, including personal loans and debt consolidation. Funded addresses the issue of low returns on traditional savings accounts by providing investment opportunities with competitive interest rates. Its target audience consists of individuals seeking improved returns on their savings and borrowers in need of flexible loan options. The platform incorporates identity verification technology and has established partnerships with Korea University and KB Insurance to enhance its service offerings and manage risks for both borrowers and investors.
Key facts
- Founded
- 2016
- Headquarters
- Seoul, South Korea
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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Contact
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