Trust is indeed the biggest pain point in peer lending that we have focused hard to solve.
1. We guarantee 100% genuine and verified borrowers because of mandatory biometric authentication. This solves problem of identity theft and fake users.
2. We verify borrower's employer and their unique ID as well, so that there is a deterrent to improper behaviour on part of the borrower.
3. We co-invest with our lenders so that we have a skin in the game.
4. We also have auto-debit and post dated cheques to ensure money is returned on time.