P2P lending is a market that is currently experiencing explosive growth. The global market volume reached $114 billion in 2017, with no sign of slowing down. However, this expansive growth has presented three major problems: Difculties in diversifying and managing investments. Issues with transparency and reputation. Problems with the mobility of cryptocurrency and assets across borders.
We propose three solutions to them: Cross platform loan aggregator with ratings and blockchain. Welltrado P2P fund for global and cross-border investors. Portfolio management of loans across platforms in a single dashboard. Welltrado is already an experienced player in the P2P platform market, with an early version P2P platform aggregator already up and running. Through our business and experience, we have identified these problems as some of the biggest obstacles facing the P2P market. That is why Welltrado aims to develop three distinct tools for investors, which are designed solve these issues and help P2P investments grow significantly. The following white paper details the Welltrado project and its products, provides a market overview, in-depth description of market problems and solutions, as well as the associated Welltrado ICO and token system.
Thomas Medeckis - CEO, Co-founder
Kim Nielsen - CDO, CO-founder
Zygimantas Stancelis - CTO, Co-founder
Arturas Svirskis - CBDO, CO-founder
Povilas Urbonas - BDO, CO-founder
Aiste Paliukaite - Business development manager
Wolfgang Richter - Executive partner at DWF law firm
Tomas Martunas - Managing Partner GoldfishFund
Xiaochen Zhang - CEO Blockchain Frontier Group President, Fintech4Good
Ignas Mangevicius - Blockchain-Based Systems Developer, edgeless.io co-founder
Darius Barusauskas - A credit risk scoring expert
Mike Boris - Managing partner at GB&Partners
Cristobal Alonso - CEO at Startup Wise Guys, the leading B2B accelerator in Europe
Edward W. Mandel - Blockchain advisor
Phillip Mcfall - Bloomberg L.P. Financial Sales and Analytics
Sally Eaves - Global Strategy Advisor - FinTech Blockchain AI
Nick Evdokimov - ICO Advisor, Founder of ICOBox
December 2016: Built a fully working MVP and integrated first 10 P2P lending platforms.
March 2017: 30 P2P lending platforms integrated and 300 investors referred through Welltrado.
March 2017: Welltrado raised first investment from StartupWiseGuys.
September 2017: 50000 unique visitors at Welltrado. P2P loan aggregation mechanism initiated.
November 2017:100 P2P lending platforms prepared for integration to Welltrado. Ready for token distribution.
December 2017: Legal structure developed for institutional investors to get access to P2P market through Welltrado.
March 2018: Distribution of Welltrado Platform Tokens.
May 2018: Application for fund management license in Europe.
October 2018: Receive the fund managing license.
December 2018: Version 2.0 of Welltrado loan portfolio management platform for retail investors unveiled.
January 2019: Token distribution of the first fund: Low yield fixed fiat income.
February 2019: Version 3.0 of Welltrado loan portfolio management platform for institutional investors unveiled.