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Thursday,  Jan 18, 2018,13:15 (GMT+7)
Tima reports strong P2P lending growth after two years of trial operation
Thuy Dung
Friday,  Dec 22, 2017,11:58 (GMT+7)
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Tima reports strong P2P lending growth after two years of trial operation

Thuy Dung

HANOI – Tima Group JSC on December 21 reported strong growth in peer-to-peer (P2P) loans after it test launched its P2P lending platform in 2015.

Outstanding loans provided through the platform have amounted to over VND15 trillion (US$660.4 million).

Tima, a startup in the financial technology sector in Hanoi City, connects the borrower and the lender in a quick and convenient manner thanks to the platform. Tima has around 5,000 local lenders and over 800,000 borrowers active on its platform.

Tima looks to become the largest P2P lending platform in Vietnam.

A Tima representative said the company handles over 1,000 new loan requests on a daily basis. It plans to expand its platform across the country so that it can receive 10,000 loan requests a day.

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