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The firm claimed in the Toss app that its
P2P real estate product was risk-free for customers and they need not be afraid of losing their investments.
It also made it apparent that current regulation is not doing enough to protect
P2P investors, the vast majority of whom don't receive financial advice.
It has placed a limit on
P2P investments for retail customers new to the sector of 10% of investable assets.
The UK government has tightened norms for
P2P lenders in the nation.
UV Express operators who will violate the
P2P policy will be fined P2,000 for first offense and P3,000 for second offense.
The Department of Transportation (DOTr) and Metro Rail Transit Line 3 (MRT-3) will deploy 140
P2P buses to serve MRT-3 commuters, the train management announced Friday.
He swears by the convenience, safety and efficiency provided by these
P2P buses and does not mind at all ditching his car if public transport services can be this efficient.
Lendbox began operations in November 2015 and is one of IndiaaACAOs largest
P2P Lending platforms with almost 200,000 registered users and a loan book size of almost 40 crores.
Based on standards set by regulators for the
P2P lending fund depository business and systems, the National Internet Finance Association of China (NIFA) started to evaluate related banks for their fund depository business process and technology systems since the end of 2017.
Owned and operated by Airfreight 2100 Inc., UBE Express also operates
P2P buses to NAIA from Intramuros in Manila, Ayala Center in Makati, Grand Prix Hotel in Pasay and the Mall of Asia.