White Label P2P Lending Platform Development
The convergence of new technologies, the introduction of ingenious lending models, and the evolving consumer behavior have led to the evolution and growth of peer-to-peer or P2P crypto lending software. A plethora of crypto enthusiasts across the globe are raking in huge profits via P2P lending software. What is encouraging most businesses and entrepreneurs to tap into the P2P lending market is the fact put forth by the Word Bank which states that 3 billion adults worldwide are unbanked. Furthermore, many are unable to acquire a loan due to poor credit rating. Building a P2P lending platform can be an opportunity to capitalize on such people’s inaccessibility to financial services, providing them with contemporary P2P lending exchange to satisfy their borrowing or lending needs.
At Revinfotech, we can help you reach out to 3 billion unbanked people through P2P lending software development. We offer a white label P2P lending platform, enriched with market-leading features, which expedites deployment and can be quickly launched into the market under your brand name. Whether you need an automated platform with a robust matching engine or simply a lending marketplace, we have got you covered with mission-driven peer to peer lending software development. Our turnkey solution can help crypto startups like you to fulfill your vision of laying the foundation of your P2P crypto lending platform.
Features of our White Label P2P Lending Software
Our regime of rigorous research and design thinking driven approach toward P2P lending software development forged an innovative roadmap for the creation of our P2P white label lending software fortified with the following features.
We harness industry-leading security solutions such as SSL implementation and two-factor authentication (2FA) to accomplish additional login security and encrypted user access.
KYC and AML
Geography-based KYC and AML verification processes confirm users’ identities and come into effect during the withdrawal of cryptocurrencies equivalent to a specific amount and above.
A secure, smart-contract-driven Escrow system automates locking and releasing of users’ crypto assets, leading to instant and transparent transactions.
The integration of multi-cryptocurrency, encrypted hot wallet enables secure storage and instant transactions of a spectrum of cryptocurrencies.
Loan to Value Ratio (LVR) calculation helps in risk assessment, allowing your users to make well-informed decisions while borrowing and lending a loan.
Flexible Interest Calculation
The flexible interest calculation provides you with an option to calculate the interest rate on a daily, monthly, quarterly or yearly basis, as per your business model.
The refinance option allows your platform users (Borrowers) to utilize their current loan amount to acquire another loan from another lender upon successful repayment of the current loan’s interest
Auto-Renewal of Loans
It eliminates the need to manually put a lending order into the order book, thereby accelerating the process. The auto-renewal can be toggle on and off as per your users’ (Lenders) needs.
Admin Panel – a Bank in Itself
Strengthened by FinTech KPIs such as Financial KPI, Order Book KPI, Loan Profile KPI and User Startup KPI, the Admin Panel allows you to monitor the transactions happening within the ecosystem and measure your ROI.
Security Features of our Peer to Peer Lending Software
Data encryption protects users’ credentials and any sensitive data that is stored in the database.
The encryption of JWT (JSON Web Token) offers protection against data manipulation.
Anti-Denial of Service (DoS)
Protects our white label P2P lending platform from large requests to the server.
Anti-Distributed Denial of Service (DDoS)
It safeguards the P2P crypto lending exchange against overwhelming traffic coming from multiple sources.
Protection against SQL Injection
Defends the lending platform against maliciously crafted inputs submitted by an attacker.
Offers protection against illegitimate access to users’ accounts, thereby fortifying the security paradigm.
Server-Side Request Forgery (SSRF) Protection
Safeguards against SSRF attack wherein the attacker creates or controls requests from the vulnerable server.
HTTP Parameter Pollution Protection
Prevents attacks that create an HTTP request to retrieve and access hidden information.
Prevention of Multiple logins of Same Credentials
Restricts the users to log in on a single system or browser at a time, ensuring authenticated user access.