Peer to peer lending pioneer Faircent, has raised about R1.6 Cr ($250 K) in Pre-Series A round of funding led by Singapore based M&S Partners Pte. Ltd, valuing the company at around R50 Cr ($8 Mn)... Click here to read full article
Peer-to-peer lending platform Faircent raised a pre-series A funding round of $250 K from Singapore-based M&S Partners Pte. Ltd. The raised money will be used for strengthening technology, talent and brand..... Click here to read full article
Peer to peer lending marketplace Faircent, which lets users borrow/lend money online, has raised about $250 K in Pre-Series A round of funding led by Singapore based M&S Partners,... Click here to read full article
Singapore-based M&S Partners, led by founder and CEO Hiro Mashita, has invested $250,000 in Fairassets Technologies, the company behind peer-to-peer (P2P) lending marketplace Faircent... Click here to read full article
Gurgaon-based Faircent has raised its pre-Series A round of $250K from Singapore based M&S Partners Pte. Ltd. at an enterprise valuation of $8 Mn.. Click here to read full article
Economic TimesGurgaon-based peer-to-peer lending pioneer Faircent.com on Thursday announced it has raised pre-Series A round of $250 thousand from Singapore based M&S Partners Pte. Ltd. ("M&S") at an enterprise valuation of $8 Million (Rs. 50 crore). M&S is led by Japanese investor Mr. Hiro Mashita, guy behind hundreds of VC deals in Japan, China, the US and South East Asia over the last 15 years.
Economic Times A debt or a loan was initially intended to bridge the temporary shortfall in money when one needed it and which was subsequently repaid back over a period of time with interest. Over time debt has become a complex financial product and especially in a country like India, has proved to be "deadly".
P2P lending marketplace startup Faircent.com on Tuesday said it has inked an alliance with US- based Yodlee, a Nasdaq listed cloud based technology and applications platform for digital financial services, to streamline and bolster their lending decisions.
Faircent Bureau In the current Indian economy, credit has played a very crucial role in fulfilling dreams on consumers such as owning a house, car, improving the house and so on. You name a requirement and there is credit available in the market to fund it. Just because someone is willing to lend, it does not mean that you can get the loan. Lending behaviour has evolved over a period of time from checking a borrower’s income to his past repayment history in form of credit score before disbursing funds. Given this scenario, a bad credit score is a crucial reason for not securing a loan.
