P2Vest: Peer to Peer Loan App in Nigeria – A Unique Financial Platform

P2Vest is a financial technology company that provides unique financial products to African users. The platform offers a peer-to-peer lending service that connects verified lenders and eligible borrowers, making it easier and faster to access loans. In addition, P2Vest has now launched an insurance product that aggregates offers from several insurance companies, allowing users to compare and purchase insurance policies conveniently.

The P2P loan service allows users to borrow up to N100,000 with flexible interest rates between 2% to 20% per month, depending on the credit score, and a loan tenor between 60 to 180 days. The loan application process is simple, and the repayment terms can be chosen for up to 180 days.

The Insurance Parasol product offers a range of insurance services and allows users to buy insurance policies directly from the app and get instant certificates and coverage. The platform charges a 30% platform fee from the interest earned, and lenders can also place funds on P2Vest and give out loans to borrowers.

Overall, P2Vest is a unique financial platform that allows African users to access loans, lend with ease and safety, and purchase insurance policies conveniently.