“NANURI-FUNDING,” enhances security and transparency for P2P Lending.

By Anonymous -
To make sure the transaction security for both investors and borrowers, only the real estate is accepted as collateral.
PayGate's "Seyfert" is working out as a platform to make sure the security for investors.


NANURI-FUNDING only accepts the real estate as collateral to make sure the transaction security for both investors and borrowers, and uses PayGate's "Seyfert" as the platform to enhance the security and transparency.


NANURI-FUNDING, a P2P FinTech company established by the 10 year-experienced experts in lending, has its own sourcing system that secures only selected real estate as collateral based on the channels that have been established.




The decisive reason for Mr. Ja-hoon Choi, CEO of NANURI-FUNDING, to start the P2P Fintech business as a representative financial institution in Korea is due to his experience in the past.

"I have experienced a lot of difficulties in fund management while doing the business in manufacturing. Even it was a stable company, a temporary cash crunch would result in bankruptcy or loss of growth. Since then, I've been interested in the alternative finance for the working-class,” said Mr. Choi.

The reason why Choi only accepts the real estate as collateral is that both investors and borrowers cover the people in working-class. He implements a policy with a low margin, high cost, but the greatest emphasis on security. “Since the start of business, the delinquency rate and default rate of all goods implemented are zero,” said Choi. 

Meanwhile, NANURI-FUNDING adopted PayGate's "Seyfert" with stability and security as its operation platform to protect investors' funds. The specialized third-party deposit protection system can ensure the transparency in funds management for investors.

NANURI-FUNDING also keeps upgrading its platform through the agreements with PayGate and plans to continue investing in IT infrastructure to strengthen its position as a Fintech company in the future.

Comments

  1. AnonymousOctober 8, 2019 at 10:59 AM

    Theгe's obviously а lot to find out aboսt this topic.
    I like all the points you have mаde.

    ReplyDelete

Post a Comment

Popular posts from this blog

Paygate launches an automatic notification service for real estate property status change

By -
Image
Paygate announced on the 13th that it will provide a P2P investment open information service through the 'Open Real Estate' service of its partner legal platform LAWFIN. Paygate is a company that provides Seyfert, a separate storage platform for P2P financial platforms (P2P loans). All P2P financial companies that operate real estate property are eligible to participate in the 'Open Real Estate' service. P2P financial service providers participating in this service can automatically guide and secure the collateral (registered) status of real estate investment products to all investors through LAWFIN's 'Open Real Estate' service. The 'Open Real Estate' service is a service that automatically checks the status of real estate registration and is notified through a notification when the registered change is confirmed. Investors can be informed of the collateral status of investment products by simply applying for 'notification'. Collateral status
Read more

Paygate, a P2P finance company, marks the 10th anniversary of the Seyfert platform service for 'Fund Flow Management Electronic Wallet'

By -
Image
The 'Seyfert Platform' developed by Paygate, a global payment and P2P financial company, recently celebrated its 10th anniversary. Paygate's Seyfert platform is an electronic wallet-type system that links P2P financial companies with depository institutions, a service that safely escrows investors' rights, a safeguard that manages the flow of funds among investors, borrowers, P2P financial companies and depository institutions. This service blocks the transfer of deposits upon receiving a request to block the Seyfert service of the P2P financial company from related institutions to the P2P financial company, and after the investigation is cleared, it processed the returning process through various stages of verification through authentication via user’s mobile phone through ‘sending official letter, receiving returning applications, organizing received contents, and checking DB, etc’ to return the deposits of good investors except for related parties. At the same time,
Read more

Neoprame, developing new assets trading platforms, with Paygate

By -
Image
 Neoprame, a securities solution company, announced that it will join hands with Paygate to build a platform specializing in asset trading. Neoprame was founded in 1999 and has been researching and developing only securities solutions for 23 years. After being incorporated as a subsidiary of Paygate in 2020, it decided to launch its own service platform along with the existing platform construction project through business reorganization. Based on Paygate's service competitiveness and Neoprame's original technology, a new asset trading platform is being developed, and the service name is tentatively called "Solio," and beta service will be introduced in the second half of this year. An official at a securities firm said, "It is very encouraging and expected that Neoprame will launch its service by internalizing its technology, and it is expected to be worth exploring collaborative models with securities firms." Meanwhile, as of August 2022, CEO Park So-young
Read more