Fairassets Technologies India Private Limited

About Fairassets Technologies India Private Limited

Faircent.com, which started its operations in 2014, is India's largest FinTech peer-to-peer (P2P) lending platform catering to retail and business loans. Faircent.com enables creditworthy borrowers to lower their cost of loans and facilitates individual lenders/investors to lend directly to their peers and community thereby earning higher returns. The peer-to-peer lending market, which is still in its budding phase in India, is already a prospering industry in developed markets such US, UK, and SE giving stiff competition to banks and traditional lenders. In India, it is expected to attain a size of USD 4-5 billion in the next 5 years. A pioneer in this marketplace, Faircent.com with over 1,50,000 and 15,00,000 registered lenders and borrowers respectively has disbursed a total loan worth Rs. 1800 crores in less than 6 years.