PeerIQ offers a data and analytics platform that streamlines workflows across the consumer credit funding cycle, from whole loans to credit facilities to ABS. The platform provides transparency, data validation, and loan-level credit analytics to enable parties to transact with confidence and secure movement of capital into the lending markets. Led by Founder and CEO Ram Ahluwalia, the company sells its services to participants across the lending ecosystem. PeerIQ plans to use the new funding to expand its core platform and extend beyond online lending into traditional lending markets. It also intends to collaborate on new product initiatives with its strategic partners. The company recently closed a new financing round to support these growth plans. PeerIQ provides a financial information and risk-analytics platform that gives institutional investors tools to analyze, access, and manage risk in the peer-to-peer lending market. Led by co-founder and CEO Ram Ahluwalia, the company plans to accelerate new feature development for its risk analytics platform. It intends to use the latest funding to expand its institutional investor client base and hire additional technical and client delivery talent. PeerIQ is based in New York City. Earlier in 2015 the company raised $6m in seed funding and secured an additional $2.5m in seed funding in September 2015. PeerIQ is a New York, NY-based financial information services company that connects peer-to-peer (P2P) lending to the capital markets. Led by co-founder and CEO Ram Ahluwalia, its analytics platform aggregates industry data from online P2P marketplaces and offers credit risk analytics and independent benchmarks. The platform enables investors to assess loan performance, generate cash flows, value and manage portfolios, run scenario analyses, and price credit instruments. The company raised $6m in seed funding. PeerIQ intends to use the funds to further build out its risk analytics platform, grow its institutional investor client base, and expand its team. The seed financing is intended to support deeper analytics development and broader institutional adoption.

Total raised

$21M

Funding rounds

3

Latest round

Series A

Latest activity

Aug 2017