Peer To Peer Lending Platform

A startup wanted to build a scalable, peer to peer lending platform competing with banks offering quick personal loans at competitive rates & high processing speed. They also wanted to achieve RBI certified NBFC-P2P status, get audited by agencies like Equifax and ensure high security in digitization of the loan processing system.

User personas:
Borrowers, Lenders, Platform administrators (makers & checkers), Runners (paper document collectors)

User journeys:

Video-kyc, Identity check (over 100 social signals), Credit scoring algorithm, Risk profiling for lenders, Auto-invest algorithm for lenders not wanting to manually choose borrowers, Auto-invest returns, EMI calculation programs, Cron jobs to ensure timely EMI collections (and zero defaults), Passbook

Scalable, secure web application to attract beta users, MEAN stack, High-scale architecture, Modular architecture, Security compliances, Performance optimization

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