Hire Us new
- Hire Our Dedicated Developers
- Our Talent Acquisition and Staffing Services
Services
Product
Insights
- Case Studies
- Blog
PORTFOLIO
TALK TO OUR EXPERTS
Company

About Us

Pitch Deck

Privacy & Policy

Terms & Conditions

Career Apply

Contact Us

Chat with Our Consultants

P2P Lending Software Development Company

Clarisco Solutions is a highly acclaimed P2P Crypto Lending Platform Development company that offers avant-garde P2P lending solutions by utilizing the expertise of our developers. Conquer the crypto marketplace with our cutting-edge P2P lending software.

Peer To Peer Lending Platform Development

digitization-medical-records-development-1

Digitization of Medical Records

The practice of lending and borrowing is as old as the invention of money. It still exists and will continue to do so in the future. The concept of funding has evolved significantly over the years, and now, with the help of technology, one can get funds within a few clicks. Blockchain is one such technology powerhouse that is transforming finance infrastructure across the globe.

The blockchain-based Peer to Peer (P2P), lending software, allows two parties to meet their financial needs at a lower cost. It will become a secure and easy-to-use lending system in the future. Our experts can help you launch your P2P lending program using blockchain technology.

Our Business models for P2P lending

Blockchain-Based P2P Crypto Lending

As a leading peer-to-peer lending platform development company, we provide our clients with the tools they need to make their crypto peer-to-peer lending platform a huge success.

Blockchain-Based P2P Fiat Lending

If you are looking for a more traditional approach to building your trading platform, we offer state-of-the-art P2P fiat lending platform development services that are affordable and proven to be successful.

Blockchain-Based P2P Cross Lending Platform

Our peer-to-peer lending platform development services are the perfect combination of traditional fiat currencies and the innovative nature of cryptocurrencies. In the absence of cryptocurrency penetration in the industry, a peer-to-peer lending platform is just what you need.

What is Peer-to–Peer Lending?

Peer-to peer lending is a popular way to get loans that are not available through traditional banks. After meeting the conditions, individuals can borrow the amount from others. P2P lending is a different process than conventional lending, which involves intermediaries such as banks, loan officers, underwriters and loan processors. Lenders and borrowers can now connect quickly at a significantly reduced cost. Smart contracts allow lenders to have the entire process in place and help borrowers get the finance they need faster.

Lenders can earn higher returns on P2P lending than a savings account, which is one of the major advantages of peer-to-peer lending. This process is available to borrowers who do not have the credit score required for traditional bank loans.

Top Reasons to Implement Blockchain in P2P Lending

No-third party or intermediary involved

Reduced processing fees

Quick access to loan than the traditional method

Standardized rate of interest

High-transparency

No hidden cost involved

Smart contract-enabled loans

You can pay interest with cryptocurrency

Higher return on investment

It is easy to connect lenders and borrowers.

A P2P lending platform allows lenders to communicate with borrowers and negotiate the interest rate and repayment time frame

Predominant features of our P2P lending software

Our rigorous research and design-driven approach to P2P lending software development have created an innovative roadmap for creating enhanced white-label peer-to-peer lending software with the following features:

Multi-layer security

We use leading security solutions such as implementing SSL and two-factor authentication (2FA) to further protect encrypted login and user access.

Refinance

The refinancing option allows users of your platform (borrowers) to use their current loan amount to obtain another loan from another lender after successfully paying the current interest on the loan.

Escrow System

A secure deposit system based on smart contracts automates the blocking and release of users' crypto assets, which ensures instant and transparent transactions.

Admin Panel - a Bank in Itself

Enhanced dashboards with fintech KPIs such as financial KPIs, order book KPIs, credit profile KPIs and user activation KPIs allow you to track transactions and measure profitability investment in your ecosystem.

Hot Wallet

Multi-crypto hot wallet integration provides secure storage and instant transactions for a range of cryptocurrencies.

Flexible Interest Calculation

Flexible interest calculation allows you to calculate the interest rate daily, monthly, quarterly, or annually according to your business model.

KYC and AML

Geographical KYC and AML verification processes verify the identity of users and are triggered when cryptocurrency is withdrawn above a certain amount.

Auto-Renewal of Loans

This eliminates the need to manually enter the credit order into the order book, thus speeding up the process. Automatic renewal can be turned on and off according to the needs of your users (lenders).

LVR Calculation

Calculating the loan-to-value ratio (LVR) helps assess risk and enables your users to make more informed decisions when borrowing and lending.

Our Peer-To-Peer Lending Software Features Key Security Features

Data encryption

Our data encryption policy safeguards user credentials and all sensitive information in the database.

JWT encryption

JSON Web token protected against platform manipulation with RSA encryption

Anti-Distributed Denial Of Service

Anti-distributed Denial of Service Protection from Attacks in an attempt to make a machine, network or device unavailable for potential users.

SQL Injection Protected

Protect the platform against malicious inputs from the attackers.

Avoid Self-XSS

This prevents unauthorized access to accounts of users.

Prevention of SSRF

Server-Side Request Forgery is an attack in which users create or control requests on vulnerable servers.

Protection of HTTP Parameters

This prevents the HTTP request to retrieve and access hidden information in the network.

Login Forgery

Registered users can only have one login to the platform. This is to make sure that the user has access to their account securely and to keep an eye on multiple logins.

Anti-denial Of Service (Dos) Attack Protection

Anti-denial service protects the platform from large numbers of requests to server from attackers and ensures that the platform is accessible for intended users.

What is the Process of P2P Lending?

1. Lender Sign up and create a profile

To be able to lend money to a potential borrower, every lender must create a profile.

Personal Information (Full name, Resident Addresses, ID Proof, Contact Details, etc.)

Complete bank account details

Types of Interested Investments & Lending Criteria

2. Borrower Sign up and create a profile

A borrower, just like a lender, must create a profile on the Peer-to–Peer lending platform. This profile should include the following details:

Personal Details

Credit Score

Legal documents

Collateral Details

Third-party Guarantor

3. Borrower starts loan request

The borrower can submit loan requests to all lenders within the network. This is possible with the smart contract.

4. Loan requests are made by the lender.

Once the profile is created successfully, the lender can start receiving information about potential borrowers. The lender can review the profile of the borrower and set up a meeting with them.

5. Matching lender and borrower

The platform's matching engine will help you find the right profile and choose the appropriate lender to close the deal. This secures both the borrower and lender, ensuring a mutually beneficial P2P lending experience.

6. Lenders interact with the borrower

After the lender has selected the profile, he will be able to schedule a meeting or call with the borrower in order to get to know the borrower's purpose and goals for borrowing the amount.

Why would you take out a loan?

Monthly income of the borrower

Credit history

Rate of repayment

7. Smart contract Fixes the Loan Intent

A smart contract determines the interest rate on a loan based on the creditworthiness and lending interests of the investor. Based on the repayment rates, the smart contract helps to categorize the borrower into high-risk, moderate-risk, or low-risk borrowers.

8. The lender sends the loan amount to borrower

The lender can now send the loan directly from his bank account after the process is completed successfully. The borrower will now be responsible for repaying the loan amount and paying the interest rate.

9. Smart Contract-enabled Auto Repayment
The agreed terms allow the borrower to repay the loan amount in a monthly or quarterly installment via a smart contract embedded into the wallet. The smart contract will deduct the penalty amount if the borrower fails to pay the loan amount. The smart contract will sell the collateral if the borrower fails to repay the loan.

Our Admin Panel comprises

Data rich Dashboard

Overview of this dashboard:

Escrow Account

Registered and active users

Balance of all cryptocurrencies

Pending and approved KYC requests

Total loans and interest

Borrow-lend transactions

Lending Management

It comprises:

Fees Management

Loans KPI

Offers history

Finance KPI

Bids history

Order and Funds Management

Provides an overview of:

Trade Summary

Deposit History

Listing of lend and borrow orders

Withdrawl history

Real-time Reporting

The following details can be developed based on the set KPIs as follows:

Revenue/profit report

Balance report

Trading report

Benefits of developing P2P lending software

Affordable price

Ease to use

Agile environment

Secure platform

End-to-end testing

Cloud infrastructure

High Efficiency

Conquesting new territories

Future-proof architecture

Flexible & Scalable.

Clarisco Solution to Develop P2P Loan Platform

It is not easy to develop a Peer-2-Peer lending platform. There are many steps involved, from planning to launch an application on the market. The platform's growth depends on its ability to understand the needs of clients and provide the necessary software solution.

Clarisco Solution employs blockchain professionals with extensive experience to develop your platform. Our team will thoroughly research, evaluate and communicate with you to understand your needs. We ensure that your final product meets all your requirements. Our team will also keep you calm and focused throughout the development process.

Timely Delivery of Projects

Through Research & Development

Expert Blockchain and smart contract developers

Modifications according to the requirements

Cost-effective development solution

FAQ(Frequently Asked Question)

Peer-to-peer lending is a popular way to get loans. After meeting the conditions, individuals can borrow the amount from others without the need for intermediaries such as banks, loan officers, underwriters and loan processors. The lender can be reached directly by the borrower.

Lenders who have a solid understanding of the market and can identify creditworthy borrowers will make a lot of money. The peer-to-peer lending platform offers good interest rates to lenders.

Peer-to-peer lending platforms are a promising investment option. The lending platform will benefit from people moving away from the banking system. Instead of starting a business from scratch, build a P2P lending platform using white-label solutions providers such as Clarisco Solution.

India requires certifications to launch a peer-to–peer lending platform. You must start a Non Banking Financial Company(NBFC) with a properly registered company under the Ministry of Corporate Affairs (MCA).

The P2P lending platform provides better returns than traditional banks for investors. Borrowers have easier access to funds than traditional banking. The fees for accessing the funds are lower because there is no third party involved. The P2P platform is a better alternative to banks.