How they describe themselves: FriendsClear is the first p2p lending site on the French territory. It’s partnering with Credit Agricole, the largest French retail bank, to offer loans completely in accordance with French regulation. FriendsClear VSB is our first product and is specifically targeted at entrepreneurs of Very Small Businesses, providing them a personal loan to develop their activity.
How they describe their product/innovation: We are presenting our new investor’s dashboard consisting of a graphical view of investors’ financial position (cash, loans, current engagements) to let them monitor their portfolio. It contains in particular our new GoF funtionality (Gauge of Future) an instant look at future positions representing expected liquidity, expected remaining engagements at any specified future point in time, to let investors easily track their strategy to meet different desired exit events.
We also introduce our new investor badge features, where investors collect badges based on their activity on the site and financing history. These badges will allow other investors to identify investors they want to partner with.