Loan Management System
How Visartech helped to develop a loan management application that regulates the borrowing/lending money process between the closest people and beyond.
PayMyParents is a P2P lending and borrowing platform built out of a desire to financially educate children and regulate the money lending process between family members, friends, and particularly anyone.
Partnership since: 4 months
Featured on top Australian news TV shows and magazines
$2.3 million-worth loans processed within a year
Loantech software as a solution to personal pains in finance that saves family relationships.
Precise execution of the lending platform development process.
How to shift a fintech software product to a new business model without interruptions.
Smooth transition to a high-grade loantech software product with great user experience.
PayMyParents becomes a full-fledged P2P lending platform.
Sometimes we do not notice certain things, however, they deserve special attention. The main idea of the project shows how financial operations between people can become absolutely transparent and organized. It would be great if everyone could have such a responsible attitude to loans and financial relations within the family. Since I love planning myself, I enjoyed checking schedules out on this project, and not only looking for potential flaws, but also suggesting options for improvements.