Operator of a peer-to-peer lending platform for accredited investors. The company connects borrowers and lenders through its online platform for lending rates and lower loan default rates by regularly updating and verifying its proprietary rating model based on FICO score, income history and other critical parameters.
Generating Revenue
Acquired/Merged (Operating Subsidiary)
Corporate Backed or Acquired
The company reached a definitive agreement to be acquired by Loans4Less.com (OTC: LFLS) for an undisclosed amount on March 30, 2015. Subsequently the deal was cancelled. Previously, the company was acquired by Psychic Friends Network (OTCPK: PFNI) for $300,000 on July 29, 2014.
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