Credifiel joins Lendermarket platform
Lendermarket has started to offer loans from Mexico’s Credifiel as the Dublin-based peer-to-peer lending platform expands its offering.
Credifiel specialises in consumer loans, with a term time of up to 60 months. It offers investor returns of up to 12 per cent per annum, and the company has skin in the game to the value of 10 per cent. A buyback guarantee is activated after 60 overdue days.
“We are thrilled to announce that Creditfiel, one of our esteemed loan originators, has introduced loans on the Lendermarket 2.0 platform,” said a Lendermarket spokesperson.
“This presents even more attractive investment opportunities for you.
Read more: Continental European P2P market forecast to grow by 20pc next year
“Credifiel provides innovative and financial solutions to the most underserved sectors of the country helping their clients and collaborators to improve their quality of life, differentiating themselves with high-quality services, ethics and reputation, based on the knowledge and experience of their team.”
The addition of Credifiel means that the Lendermarket platform now has four active loan originators.
Earlier this year, chief executive Carles Federico told Alternative Credit Investor that he intends to onboard more lenders this year, while using the buyback guarantee scheme to maintain its zero capital loss record.
Credifiel has also offered its loans on the Mintos platform. It finances consumer loans and home improvement loans for Mexican borrowers.
Since its inception in 2006, it has served more than 330,000. Last year, it had a total net loan portfolio of €71.7m (£60.41m) on 580,000 issued loans.
Read more: What Lendermarket 2.0 means for investors
