HeliosP2P — Sri Lanka’s First Peer-to-Peer Lending Platform

HeliosP2P is an online marketplace where it allows potential borrowers and investors to be connected.

Signing up as an investor is simple as entering your personal and employment details

Once you are signed up as an investor you can access the platform where all the borrowers will be listed after been risk graded by HeliosP2P for the investor.

Borrowers will be risk graded from A to E (using a model developed by HeliosP2P integrating Deep Learning and AI) , where A graded borrowers are much less risky compared with E Graded Borrowers. If an Investor plans on investing on a risky borrower, he/she could get a significantly high return than what he/she would have gained if he/she had invested in an A Graded Borrower.

HeliosP2P is a marketplace where it connects investors and borrowers, also in case of a borrower defaulting HeliosP2P also provides the debt collection facility where we have partnered up with a Debt Collection Agency to do the collections for the investor in case of a borrower defaulting. The Debt will charge the investor a fixed amount of 6% of the repayment amount of the borrower for the service that it provides. (Ex: If a borrower’s equated monthly installment is Rs.15,000 and if he/she doesn’t deposit the money before or on the repayment due date — the Debt Collection Agency will automatically get involved and do the collection for the investor for a small fee which is 6% of the repayment amount — Rs.900) This will be a clause on the terms and conditions agreed upon when the investor decides to fund a borrower.