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South Korea
2014 (12 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know 8PERCENT
Company Information
Get to know 8PERCENT
Founded in 2014, 8PERCENT is South Korea's first peer-to-peer lending company. The company's mission is to bridge the gap left by traditional financial institutions by leveraging technology to offer mid-range interest rates to borrowers who are often underserved by banks. For investors, it provides an alternative investment opportunity with stable returns. 8PERCENT utilizes its proprietary AI-based credit evaluation system to assess risk and facilitate loans, positioning itself as a leading tech-finance (FinTech) platform in the country.
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