- 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
- Business ID
- CHE-456.445.646
- Main Currency
- Swiss Franc (CHF)
- Headquarters Location
- Switzerland
- Established Date
- July 2015
- Launch Date
- October 2014