Empowering Peer-to-Peer (P2P) Lending Platforms
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About the solution
The objective was to democratize lending and borrowing through digital platforms within Non-Banking Financial Companies (NBFCs).
NBFCs utilized redSling to create Peer-to-Peer (P2P) lending platforms that connected borrowers directly with individual lenders. These platforms employed advanced algorithms for risk assessment and automatic matching, facilitating efficient and secure lending processes. redSling's rapid development capabilities enabled quick scalability and deployment of these platforms to meet increasing demand.
