So if you just connect them to other loaning service what you are doing is like reviewing this P2P lending websites first before you put it up available in your dashboard? You don't provide the lenders any guarantee that the loanee will be paying back to them? I don't know it feels like you are much more of a review blog site as you really don't have any service being provided on your part.
No, it's not a review website.
Welltrado is building a structure where we connect with P2P platforms through APIs and get real time data about the loans listed plus as the investor identifies himself/herself through our system we as well get data about his/her portfolio. It means investors can track/monitor or make bids to buy new loans in different P2P platforms without leaving Welltrado. Nobody did that in Europe so far.
Technically all the investment process is done is specific P2P platform. Lenders are provided by specific guarantee by the P2P platform.
Our goal is re-evaluate the data provided by P2P platforms and give additional score to the P2P platforms as well as to the borrowers.
