Automated peer-to-peer
lending software

P2P lending software offers several benefits to lenders and borrowers alike, including:

• Front-to-back loan automation for borrower portals, investor accounts, and managers’ workspaces, reducing manual workload and saving time.
• AI credit scoring that enables faster and more accurate credit decisions, leading to increased efficiency and lower default rates.
• KYC/AML verification to protect P2P businesses from fraudulent activities, ensuring compliance with regulatory requirements.
• Multiple calculation logics for various credit products creation, allowing for more flexibility in loan offerings.
• Lifetime security updates, even in the basic plan, keeping data and reputation secure.
• Mobile and web apps built for omnichannel lending operations, making it easier for borrowers and investors to access the platform.
• Flexible customization options to tailor the system to specific business needs.

Investors can use HES FinTech marketplace lending software to issue both consumer and commercial loans. These can include personal loans, business loans, education loans, home improvement loans, debt consolidation loans, and more. You are free to add specific loan types on a P2P lending platform depending on the platform’s focus and target audience.

HES offers powerful features to reduce NPLs. The software incorporates an AI-driven application scoring mechanism that predicts the probability of repayment and enables lenders to approve only reliable applications. Additionally, HES’ P2P loan servicing software can be integrated with an AI collection scoring API that assists in selecting the appropriate debt collection strategy. The API also supports automatic client notifications and assigns tasks to managers to initiate collections, thereby improving the efficiency of the collections process. This way lenders can minimize the risk of delinquent loans and improve their overall portfolio performance.

HES’ P2P loan software can be tailored to your specific business needs and allows you to start quickly. To begin, you can schedule a demo tour with their specialists, who will provide an overview of the software’s capabilities. During the demo, you can choose the features necessary for your business, and our team of business analysts will communicate your requirements to the developers’ team. The developers will then customize the peer-to-peer finance software by building it from pre-built modules and fine-tuning it to fit your needs precisely. This process typically takes 3 months to complete.