Online Lending Portal Faircent Raises Funding

Deal Curry

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

Online Lending Portal Faircent Raises $250K Funding

iamWIRE

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

Faircent Scoops In $250K In Pre-Series A To Simplify India’s Complex Money-Lending Mechanism

thetechportal.in

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’s M&S Partnerts invests $250K in P2P lending marketplace Faircent

www.dealstreetasia.com

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 Peer-To-Peer Lending Platform Raises Pre-Series A Funding Of $250K

inc42.com

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

Faircent.com raises pre-series A funding of $250K

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.

Democratizing debt: How P2P lending marketplaces have broadened access to credit

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".

Faircent inks deal with Yodlee for greater financial insight

Economic Times

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.

How alternative funding sources gaining traction in India?

IIFL The financial crisis of 2008 made borrowing difficult for new players or ventures. Banks constantly shied away from lending to projects, businesses or people that it considered risky. Click here to read full article

CSW Global 2015: Indian startups look to share perspective

Economic Times As the world starts embracing and acknowledging the power of the "sharing economy", the who's who of the crowdsourcing and crowdfunding businesses will gather in Singapore late next month. Click here to read full article

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