P2Vest - Loan & Insurance App

Features P2Vest - Loan & Insurance App

Get loans online, lend with ease and safety and buy your insurance policies from the  P2Vest App in Nigeria & Africa P2Vest is a financial technology company that provides unique financial products.
Expanding from our peer 2 peer lending service which brings verified lenders and eligible borrowers for the purpose of meeting their credit needs, P2Vest has now launched an insurance product that stands out in the fintech space.
Simply put, in addition to users obtaining loans directly from while lenders minimising the lengthy process of traditional lending significantly, P2vest is also an insurance aggregator that creates a marketplace for insurance products where users can compare offers from several insurance companies.Our latest product, Insurance Parasol, offers a rich and trustworthy range of insurance service options on the app.
We aggregate these insurance services for users to buy and get instant certificates and cover.
Users can easily identify distinct characteristics of each policy to make informed decisions on which insurance product to purchase.Our P2P loan services is available for African users to either borrow money or lend money conveniently with ultimate security and respect for users’ privacy. All loans generally must be scored and if it meets a minimum of 50% credit score, it will proceed to a guarantor to approve after which it is sent to lenders on the platform.
Lenders can also place funds on p2Vest and give out loans to borrowers.
They earn the interest while P2Vest charges a platform fee of 30% from the interest earned.GETTING STARTED IS VERY EASYCreate an account.Set up your Profile or lending preferences.Apply for a Loan, Fund a loan or Buy InsuranceIf you apply for a loan, you get scored.Receive your loan straight into your bank.Increase your loan limit when you complete your KYC.P2Vest provides flexible interest rates calculated based on credit scores.
Our focus is micro credits, and the values range from N5,000 to N100,000, and you must be at least 18 years at your last birthday to be considered for a loan.
The loan tenor can be between 60 to 180 days, customers are allowed the option to choose tenor.
A loan could be as low as 2% per month and as high as 20% per month.
This could translate to an Annual Percentage Rate (APR) of between 24% to 48%.  A typical example is this: If you choose to get a 6-month loan of N10,000, P2Vest charges an interest rate of 30% APR.
We would charge you N1,500 as the total interest amount for the 6-month period so that your total repayment of interest + principal at the end of your loan would be N11,500.  REPAYMENT TERMS FOR ALL LOANSDepending on the loan amount for which you are eligible, you have the option to choose repayment terms for up to 180 days.
With p2Vest you can choose the best loan term that meets your needs. Making Insurance Claims on P2VestClaims on all Insurance Policies bought through Insurance Parasol can be made on the P2Vest App.
It is seamless and you could monitor the claim status till you get paid. ADDITIONAL NOTESWhen processing your loan request for eligibility and sharing with available lenders on the app for funding, we look at several signals, such as your credit score, past loan performance, etc.
We require that loan applications be filled with the correct information as any falsification could delay your loan request, or your profile may be blacklisted.
For cases of fraud, you may be reported to the authorities.CONTACT USIf you have any feedback, questions, or concerns, please contact us at  [email protected].