Peer-to-peer Lending Loop returns to the market months after being sidelined by regulators | Financial Post
Pastoll said technology and automation are being employed to keep the process from getting too expensive or bogged down with paperwork.
“We’ve created a novel structure that actually allows this business model to operate… It’s still as frictionless as possible,” he said. “A lot of what we’ve been working on is still making sure the process is streamlined and efficient.”
Peer-to-peer Lending Loop returns to the market months after being sidelined by regulators | Financial Post
Pastoll said technology and automation are being employed to keep the process from getting too expensive or bogged down with paperwork.
“We’ve created a novel structure that actually allows this business model to operate… It’s still as frictionless as possible,” he said. “A lot of what we’ve been working on is still making sure the process is streamlined and efficient.”