P2P lending platform Faircent raises $1.5 mn
Gurgaon-based peer-to-peer (P2P) lending platform Faircent has raised $1.5 million funding from Brand Capital. Founded in 2013, Faircent provides a platform for potential borrowers and lenders to transact deals. The startup, which featured in Interbrands' global list of Breakthrough Brands 2016, currently has over 6,000 lenders and 26,000 borrowers, and has disbursed a total loan of₹6.5 crore.