Finance
Online investment-linked finance gains momentum for mid-rate loans, expands base to sole proprietors
Online investment-linked finance platforms have expanded credit loans for mid- to low-credit borrowers through linked investments with savings banks and have now laid the groundwork to lend to sole proprietors after further regulatory changes. The measures raise caps on linked investments by financial firms and allow use of a small merchant credit scoring infrastructure. The Financial Services Commission also plans stronger disclosures and external verification to bolster investor protection.
