💰 Finance & FinTech
Beginner
$500 - $5k
Peer-to-peer lending community network for small shops
A members-only community where small shops share peer-to-peer lending knowledge, opportunities and collaborations.
- Target audience
- Small shops
- Problem solved
- Access to quality peer-to-peer lending is limited for small shops, especially outside the big cities.
- Solution
- Launch as a lean web app using Fraud detection, Encryption and Payment gateways, starting with one core workflow done exceptionally well.
- Technologies
- Fraud detection, Encryption, Payment gateways
- Monetization
- Transaction fees; Subscriptions
- Challenges
- Low financial literacy; Onboarding friction
- Improvements
- Add a mobile app with offline mode for low-connectivity users.; Add API access so other businesses can integrate with the platform.