Question 1

What is P2Vest and how does it work?

Accepted Answer

P2Vest is a peer-to-peer lending app that connects verified borrowers with verified lenders to provide loans and earn returns. Borrowers apply for loans, undergo verification including BVN checks, credit scoring, and background checks, then lenders decide whether to fund based on the borrower's profile and score. It also offers insurance services and features like BailMe for interest-free lending between friends.

Question 2

How much does P2Vest cost?

Accepted Answer

P2Vest is free to sign up and use, but it earns from interest on loans (typically about 2%–20% monthly depending on credit score) and takes a platform fee from lenders’ returns.

Question 3

What countries does P2Vest operate in?

Accepted Answer

P2Vest operates in Nigeria.

Question 4

How do I sign up for P2Vest?

Accepted Answer

You sign up by downloading the mobile app, creating an account, setting up your profile, and completing KYC to start borrowing or lending.

Question 5

Does P2Vest have a mobile app?

Accepted Answer

Yes, P2Vest is available on iOS and Android. You can download P2Vest on the App Store for iPhone, or get it on Google Play for Android.

Question 6

Who is P2Vest best suited for?

Accepted Answer

P2Vest is best suited for individuals seeking loans or wanting to lend money and earn returns, and SMEs needing credit.

Question 7

How do I contact P2Vest support?

Accepted Answer

You can contact support via email (support@p2vest.com) or phone numbers listed on their website.

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