Mumbai, Apr 08: 1 Finance recently launched 1 Finance P2P, its RBI-regulated peer-to-peer lending platform, operating under the RBI’s NBFC-P2P framework. The move marks the firm’s entry into the regulated digital lending space, with the platform designed to bridge India’s personal credit gap through disciplined underwriting, transparent pricing, and compliance-first execution.
The platform enables quality borrowers to access personal loans aligned to their repayment capacity while allowing lenders to participate in informed, risk-aligned lending opportunities. All transactions are conducted through regulated escrow accounts in line with RBI’s NBFC-P2P guidelines, ensuring safety, governance, and transparency.
At the core of the platform is the proprietary algorithm, BQS (Borrower Quality Score), a holistic risk assessment framework that evaluates a borrower’s true repayment capability using behavioral data points beyond traditional credit scores. This enables superior risk pricing and responsible credit selection.
Key platform highlights:
● Compliance-first Ecosystem: Built strictly within RBI’s NBFC-P2P framework, with strong governance and transparent disclosures across the loan lifecycle.
● Data-led underwriting: Uses the BQS to assess repayment capability through a comprehensive, multi-parameter risk framework.
● Real-time visibility: Borrowers can track loan status, EMIs, and repayments, while lenders can monitor portfolios, repayments, and deploy capital based on their risk appetite, 24/7 through a digital interface.
Talking about the vision behind the launch of the platform, Jeet Marwadi, Co-Founder and Managing Director of 1 Finance, said, “Peer to Peer lending and borrowing brings opportunities and transparencies that didn’t exist before. Bridging the gap of those lenders who have excess cash flows being matched to those who are short on cash flows. Our ecosystem solves for this digitally, with interest rate benefits being passed onto the lenders and borrowers superior to traditional lending. In India’s evolving credit landscape, individuals have largely participated only as borrowers. Our vision is to democratise access to structured credit opportunities, enabling investors to participate in the asset side of finance without becoming a bank. By combining technology, transparency, and disciplined risk assessment, we aim to build a scalable, responsible alternative within India’s growing financial ecosystem.”
Mohan Parsuramka, COO and Head of Business – P2P at 1 Finance, said, “Our launch comes at a time when India is witnessing a structural rise in unsecured personal credit, supported by the rapid adoption of digital financial services and stronger data infrastructure. As the ecosystem evolves, the focus must shift from volume-led growth to sustainable credit outcomes. At 1 Finance P2P, we have built the platform with a long-term, risk-aware approach, creating a structured and accountable Ecosystem that aligns the interests of both borrowers and lenders, and enables responsible access to credit.”
1 Finance P2P is designed as an extension of the firm’s responsible financial advisory philosophy, where every lending decision is anchored in suitability, disciplined risk assessment, and long-term outcomes for both borrowers and lenders.
