iScripts SocialWallet is an online peer to peer money lending software that connects people who want to borrow money with individuals and institutions that want to invest in consumer credit. This is the only solution you will ever need to create a profitable peer-to-peer money lending startup like LendingClub, Prosper Marketplace, Upstart and Kiva. You can set up unique eligibility criteria, loan rates, amounts, and tenures as well as any other offerings and products specific to your brand. As the founder, you can personalize all the properties and functions of this platform as per your business strategy and target audience.
Users can be borrowers, lenders or both. As a borrower, they can apply for a loan and you, as the administrator, can approve or deny based on various selection criteria. As an approved investor, users can see lending opportunities and choose an amount to invest.
