Virtueinfo

Fintech Marketplace

"Lainaaja is a marketplace where people can lend and borrow money between each other. The website was an instant hit amongst its users when it was launched as both the lenders and borrowers benefitted from it. The lenders got better return for their money and borrowers got lower interest rates.

The following features were developed by our team as per the requirements of client

- Interest Rate Calculator
- Multilingual content for users (English and Finnish)
- Separate login for lenders and borrowers, admin
- Separate dashboard for borrowers and lenders
- Rating system according to the credibility of users
- Feature to apply for two loans at a single time
- Special statistics dashboard to check the details of loans applied and approved
- Master admin panel in order to perform lending, borrowing, repayment, approve and reject loans.
- List of all the lenders and their interest rates as per borrowers loan application
- Lenders can check how much amount remaining to pay once they start paying installments.
- CMS to manage content and change it accordingly.
- Timely reminders about repayment to the borrower.
- Used third party credit check services.
- Used Bank Api for borrower expenses report"