Platform Updates

Platform update: factoring in available funding in the loan application process

Platform Updates

In the beginning of the summer we set our focus on fighting a problem that was constantly raised by both Investors and Borrowers: namely, some of the loans that are brought to the Primary Market do not get sufficient funding and are eventually cancelled. As the result, Borrowers do not get loans and need to…

Improvements to the datasets

Platform Updates

We are implementing some changes and updates to our public and investor data export data sets. The updates are mainly done in two areas: Adjusting and adding data fields to reflect better the recent changes to the business processes. Standardizing the data and fixing some known issues. Changes will include: The second application in the…

XIRR will only be calculated when there is enough data

Platform Updates

Due to the way the XIRR (extended internal rate of return) mathematical formula works, the result can be relatively volatile in cases where only a few actual transactions have happened. Especially if the first transactions for the investor are done on the Secondary Market with considerable mark-up/discount. To reduce this volatility and to give a better overview for…

Optimizing the website functionality and performance

Platform Updates

Our website has had an unexpected and considerable increase in traffic and approved loans on the marketplace due to some successful campaigns. This has caused the website to slow down on peak times and specifically causes performance issues when some parts that use more of the system capacity are used, like secondary market, account statement…

Improvements to the loan data verification process

Platform Updates

This week we will change the way the loan process will work to make the process faster and easier for borrowers and also reduce the amount of time investors’ funds can be reserved in investments that in the end get cancelled. What will change in the process: We will make an instant offer to borrowers…

Introducing the Investor Dashboard

Platform Updates

This week we are introducing an Investor Dashboard which will give you an easy at-a-glance overview of your portfolio and its performance. Each section also has a link to a more detailed report in regards to the respective data. The actionable buttons in the middle section will give you direct access to main pages on our…