8percent is an online financial platform that facilitates peer-to-peer lending and investment in real estate and personal loans, utilizing a streamlined digital interface for managing these transactions. The platform addresses the need for accessible investment opportunities and affordable loan options, enabling users to earn competitive returns while providing borrowers with necessary funding.
Funding
$38.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Individual investors often lack access to diverse investment opportunities beyond traditional stocks and bonds, while borrowers face challenges in securing loans with competitive rates and flexible terms from conventional financial institutions. This creates a gap in the market for alternative financing and investment solutions that cater to a broader range of risk profiles and financial needs.
Solution
8percent is a fintech platform that directly connects individual investors with borrowers seeking personal, real estate, or business loans, offering an alternative to traditional banking. The platform provides investors with opportunities to diversify their portfolios by investing in a variety of loan products, while borrowers benefit from potentially lower interest rates and more accessible financing options. By leveraging a streamlined digital interface, 8percent facilitates peer-to-peer lending and investment, enabling users to manage transactions, track performance, and access a range of financial products. The platform aims to democratize access to investment and credit, fostering financial inclusion and empowerment for both investors and borrowers.
Target Audience
The primary target audience includes individual investors seeking alternative investment opportunities and borrowers looking for personal, real estate, or business loans with competitive rates and flexible terms.
Features
- Online marketplace connecting investors and borrowers directly
- Diverse investment options including real estate, personal, and business loans
- Digital interface for managing investments and loan applications
- Risk assessment and credit scoring models to evaluate borrowers
- Automated investment tools for portfolio diversification
- Secure platform for financial transactions and data privacy