Finance
Eight Percent cumulative investments top 20 million, average annual return 10.3 percent
Eight Percent, a peer-to-peer finance company, said cumulative investments in its loan claims have surpassed 20 million. It said total funds invested in the loan claims amount to 1.46 trillion won. The company offers products backed by real estate collateral, personal credit and securities account collateral, and spreads risk by allocating investor funds across multiple loan claims. It said the products’ average annual return is 10.3 percent.
