How peer-to-peer lending works

Set your rate, match with borrowers, earn returns

How peer-to-peer investing works

How rates are set

Investors select the market they wish to invest in, the amount they wish to invest, and set the rate at which they wish to lend at. This is known as creating a ‘lending order’.

Lending orders are then matched to borrower loans, with the lowest rate lending orders in each market taking priority.

As such, the rates in each lending market are set by investors and borrowers, according to the supply and demand of funds at different interest rates.

How investors are matched with borrowers

Our technology automatically matches investor lending orders to the loans of borrowers that have met our credit requirements.

Investors do not have to select specific loans to fund, and their lending order may be matched to a single loan or multiple loans.

The Provision Fund can help protect your investment in the event of a borrower missed payment or default.

How investors earn returns

Investors receive payments that borrowers make on loans they have funded.

Borrower repayments can be automatically reinvested back into the relevant lending market, helping investors earn returns on both their initial principal and the interest earned.

Alternatively, investors can choose to withdraw either the whole amount or just the interest portion of borrower repayments to their nominated bank account.

If a borrower misses a repayment, the Provision Fund can compensate investors to help protect against any losses.

Peer-to-peer investing that’s as simple as 1,2,3.

Register

Register with us

Complete your registration online in minutes. You can register individually or as a company or SMSF trustee.

Deposit funds

Transfer in funds

Transfer funds through BPAY or bank transfer. Funds typically arrive the next business day.

Place order

Invest in loans

Choose the lending market you want to invest in, set your rate and get matched with creditworthy borrowers.

^Rates shown are last matched rates, displayed on an annualised basis and net of applicable fees as at 8pm, 18 November 2019. Lender rates may assume payments received are continually reinvested at the stated rate and assume your investment is protected by the Provision Fund in the event of any borrower late payment or default, however, there is no guarantee nor warranty as to any protection from the Provision Fund. Fees apply for using early access feature. See the Product Disclosure Statement for details.