What is Eve?
May 9, 2022
How do we fall into that spectrum?
Peer-to-peer lending is the practice of lending money to individuals or businesses through online services that match lenders with borrowers.
When accessing these services through Eve whether as a lender or borrower, each user is prompted to create a profile by signing up for the platform. These profiles are verified by uploading valid verification documentation vetted by an assigned account executive.
Whenever a lend/borrow request is made, an account executive facilitates the completion of the transaction using Eve.
There are several risks to consider when investing in peer-to-peer loans, however, the security of the Eve platform is of utmost important to the Esther Finance team, so not only do all users have to provide proof of identification and other verification information, they also need to be recommended by a previous user of our services, this is to minimize the risks.