Finnq, an affiliate of Hana Financial Group, added stock-collateral loan-linked products, known as stock loans, to its online investment-linked finance business product comparison and recommendation service. It expanded investment options to include stock-collateral products in addition to existing real estate and early-settlement products, allowing users to compare investment terms and risk factors.

Finnq said on Nov. 13 it partnered with stock-loan specialist peer-to-peer finance firm Highfunding to offer stock-collateral investment-linked products on the Hana Finnq app.

Finnq has operated the online investment-linked finance product comparison and recommendation service since it was designated an innovative financial service by the Financial Services Commission in July last year. With the partnership, users can compare Highfunding stock-loan products in one place alongside real estate and early-settlement products from existing providers Crple and 8percent.

The newly added stock-loan products are investment-linked products in which borrowers take out loans using shares they hold as collateral. Users can decide whether to invest after checking the investment period, expected return, conditions for forced liquidation based on the collateral maintenance ratio, and the fund recovery structure.

Finnq plans to also provide key indicators such as risk factors by product and borrower information to support investors' decision-making.

A Finnq official said, "With Highfunding joining the platform, the range of investment products that can be compared and reviewed on Hana Finnq has expanded to include stock-collateral products," and added, "We will continue to strengthen various consumer protection measures."