Why only Licensed Lenders?
Category: Lending FAQ
3 months ago
The credit and micro-credit industries have been plagued with P2P scandals. Pocket Money has chosen to work with Licensed Lenders that have been approved by local authorities, such as but not limited to Monetary Authorities and Central Banks. As we believe that each country would have strict guidelines to become a Licensed Lender, we trust that the liquidity provider participating our eco-system would be fair to the borrowers, safe and legit businesses.
If you run a Licensed Lending business or a Financial Institution, you can enquire on how to work with Pocket Money.