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Lendermarket’s upgraded platform, Lendermarket 2.0, has gone dwell and the method of migrating traders is underway.
The Dublin-based peer-to-peer lending market mentioned the launch of the upgraded platform marked a big milestone in its journey, offering traders with a extra sturdy and feature-rich platform.
Learn extra: Lendermarket restarts new lending with out EU licence
Lendermarket mentioned the improve will cater to the evolving wants of its rising investor neighborhood. The earlier Lendermarket 1.0 platform might be accessible for traders after the migration has accomplished, all posted loans have reached their ultimate maturity date, and all information necessities have accomplished.
It’ll additionally stay as a hub for traders in search of detailed data on investments made previous to the migration to the upgraded platform. For instance, traders will be capable to entry tax studies, investments particulars and account statements.
Learn extra: Lendermarket debuts new account options
The upgraded platform will enable traders to deposit funds, automate investments and assessment their account particulars. They will additionally assessment funding particulars and obtain studies for investments made after the Lendermarket 2.0 launch.
“This improve goals to help our rising investor neighborhood, in addition to optimising efficiency and streamlining present functionalities,” defined Carles Federico, chief govt of Lendermarket.
The peer-to-peer lending market mentioned the investor migration would happen progressively throughout April.
Individually, the agency additionally introduced that it paid out €31,000 in bonuses to traders who signed as much as their ‘Cashback Carols’ provide in late 2023. This allowed clients to pocket a further 2 per cent cashback bonus on high of their returns after investing in any loans on their platform.
Learn extra: Lendermarket provides Colombian originator providing 18pc returns
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