And the good news doesn't stop there - with an average monthly growth rate of 51.46% since our inception, iBAN's future is looking extremely bright.
We focus on lending well, making credit decisions based on significant due diligence for each and every loan. All of our loans are protected by a contract allowing us to resell secured property in the event of a non-payment. And we never automate the final decision on whether to lend or not - for us, technology is an enabler and not the end game.
Our strategy has been working well and so far we have maintained a default rate of 0%.