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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.