Investree is a P2P lending platform that provides loan solutions for business financing and employee loans. About Investree
Core Features The core function of Investree is invoice financing. Here's how Investree works: A small business is waiting for a payment from a customer, but it doesn't happen until the end of the month. This is where the Investree lender steps in. They pay the business owner the invoice amount immediately. Once the customer's payment comes through, the lender gets the funds back -- with interest, of course, which is usually 1.2% per month. The site also charges a 3% to 5% loan seeker administration fee. Investree also offers various employee loans, such as for buying a motorcycle, renovating a home, or for medical treatment. These loans are only available to companies that Investree has established a partnership with. The loan ranges from $385 to $3,850. Financing -In June 2016, Investree received Series A funding from local venture capital firm Kejora. -In August 2018, Indonesian P2P company Investree announced the closure of its Series B investment in a round led by SBI Holdings and joined by Mandiri Capital Indonesia, Persada Capital, Endeavor Catalyst, 9F Fintech Holdings Group and previous backer Kejora Ventures. |
<<: What is NuORDER? NuORDER Review, Features
>>: What is Ant Logistics Network? Ant Logistics Network Review, Features
As the saying goes: "Customs vary every ten ...
Mia Shopee's agency operation focuses on the ...
TextbookRush is the #1 resource for online colleg...
Last year, Amazon closed its stores due to a mass...
The Spring Festival is a festival that makes it e...
YuZhua.com is affiliated to Sichuan YuZhua Network...
Recently, according to foreign media reports, Ama...
Recently, major cross-border sellers have success...
Founded in June 2014 by a team of Chinese national...
The Detroit Pistons and Shopify are joining force...
Digital payment is the most popular form of payme...
Shopify joined other investors in a $935 million ...
Haimeng Intellectual Property (Guangdong Haimeng ...
When word spread that Ethiopian artifacts could b...
There is a recent report that contains an interes...