12 Percent Club - Bharat Pe
P2P LENDING BY 12 PERCENT CLUB- Bharat Pe With the launch of its product, 12 Percent Club , BharatPe, a provider of financial services and merchant payments, is expanding its consumer offering by entering the peer-to-peer (P2P) lending sector. Individual investors will be able to invest and borrow money at 12% interest through the app courtesy to BharatPe's peer-to-peer service. Start earning up to 12% interest on your investments today! For the consumer product, BharatPe worked with LenDenClub, and it is already accepting applications for Liquiloans. With the same partners, the fintech has implemented peer-to-peer lending for its merchants in 2019. To sustain low delinquencies, P2P lenders would provide funding to BharatPe's merchants on its platform. Furthermore, it gives investors complete freedom to leave the offering at any moment. Grover anticipates that the usual loan period on the platform will range from three to twelve months. Currently, $5 million per month is being