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Splendit

Rank #62
Education Loans
Direct Marketplace Lending
Explore Splendit
Funded Since October 2014
CHF4.80m
Minimum Investment
CHF500
Public Statistics Page
No
Auto Invest
No
Secondary Market
No
Ring Fence
Yes
Wind Down Plan
No
Regulated
Yes

What is Splendit?

Splendit is managed by Switzerlend AG, based in Switzerland. Splendit is a Direct Marketplace Lending platform, which means it operates the "traditional" or "pure" P2P lending model and serves as an online space where borrowers can apply for loans and investors can fund projects. It’s associated with a self-regulatory organisation in Switzerland - PolyReg Self-Regulatory Organisation.

Splendit makes it possible to provide funding to individuals by investing in education loans. You can also apply for funding if you are an individual yourself.

What does Splendit offer?

At Splendit, you can invest in projects denominated in CHF starting from CHF500.

Splendit separates investors’ funds from the platform company assets but doesn’t have a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It doesn’t disclose statistics about its funded loans but shares its monthly funding volumes with P2PMarketData.

Splendit Details

Legal Company Name
Switzerlend AG
Main Currency
Swiss Franc (CHF)
Headquarters Location
Switzerland
Established Date
July 2015
Launch Date
October 2014

How is Splendit regulated?

License Name License Key Regulatory Entity Country
Self-regulated PolyReg Self-Regulatory Organisation Switzerland

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