Faircent.com is India’s largest peer to peer lending website which caters to retail and business loans.

Basic Information

Gurgaon, Haryana based Faircent.com is an online platform where, people who have spare money lend it directly to people who want to borrow, thereby eliminating intermediaries and the margins they used to make. Faircent.com is committed to facilitating fast and low-cost credit to individuals, MSMEs and SMEs; while providing a new investment opportunity to those with surplus funds. They’re continuously innovating and providing new product offerings to its lenders and borrowers enabling faster and more efficient transactions. Faircent.com was the first P2P lending platform to launch iOS and Android app for both lenders and borrowers. Recently, under the trusteeship of IDBI, an Escrow account was established to help in faster and smoother flow of funds enabling lenders to make greater returns on their investments and helping borrowers get faster credit. Auto-Invest a fully automated feature allows lenders to save time and effort by pre-selecting criteria for investing in a loan such as tenure, Borrower’s profession, rate of interest etc – and letting the system select and send offers on their behalf. See more

Legal Name

:

Fairassets Technologies Private Limited

Headquarters

:

Gurgaon, Haryana, India

Founding Date

:

2013

No. of Employees

:

101 to 150

Core Team

:
1.

Nitin Gupta

Co-Founder

2.

Vinay Mathews

Co-Founder & COO

3.

Rajat Gandhi

Co-Founder & CEO

Funding

Total Funding

$9.8M

Investors

:

1.

Das Capital

2.

M&S Partners

3.

Brand Capital

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