Short description
Peerform is a peer-to-peer lending platform that connects lenders and borrowers for fixed-rate personal loans.
Description
Peerform is a peer-to-peer lending platform that connects people who want to borrow money with investors. Peerform provides 3-year terms personal loans ranging from $1,000 to $25,000: Borrowers create listings for a fixed-rate personal loan and are then funded by investors who chose their target return and build their portfolios. Peerform offers investors a new asset class with which they can diversify and optimize their portfolio.
Peer-to-peer lending is an alternative to the banking system that provides better interest rates for borrowers along with better returns for investors, by eliminating intermediation between parties.
Peerform was created by a solid team of professionals from financial services, strategy consulting, technology, and consumer products
Last funding
Absolutely Noaccess
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Total funding
$$43214321
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Location
New York, New York, United States, North America
Founded on
April 10, 2010
Exited on
November 15, 2016
Non-profit?
No
Acquired?
No
Employees count
1-10
Revenue range
$34056 - 789030
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Investors
Noaccess, Nopepepe
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Founders
Meytal Benichou, Mikael Rapaport