Paper Street is a unique crowdfunding platform for business lending. What makes it special is the idea of connecting lenders and companies requiring funding through popular social media channels. Paper Street offers community rating and risk rating to protect investors and substantially reduce financial risk, besides strict verification processes and due diligence, with post investment monitoring.
We built it from the ground up.
Paper Street Funding Ltd. of UK was looking to develop their idea of a social network for business lending, i.e. a peer-to-peer lending platform offering flexible borrowing terms, powered by social media.
How We Helped
We built the MVP from scratch, with social APIs for Facebook, Twitter and LinkedIn. But that's a piece of cake.
The real challenge was to ensure authenticity with built-in verification sysems to prevent fraud and criminal misuse. For that we introduced state-of-the-art value additions for maximum protection of lenders’ investment, like unique anti money laundering APIs that we are quite proud of and robust checks for company validation.
Technologies We Used
Paper Street is one of the most popular crowdfunding platforms in the UK today with a rapidly growing user base of individuals/companies with great ideas and potential investors to help bring them to life. We are still proudly associated with it, providing ongoing support and updates.