Kuflink has made its website clearer for investors, by changing how deals are displayed on the portfolio screen and releasing a new dashboard to show if manual lending opportunities are ISA eligible.
The peer-to-peer property lending platform said its most recent improvement has been to make it clearer for investors when choosing Select-Invest – or manual lending – deals, so that it is easier to see if a project is ISA eligible. The changes were in response to feedback from some investors who said this was easy to miss.
Additionally, Kuflink has made changes to the portfolio screen, so lenders are now able to see the amount they have invested along with the interest accrued without having to click on each of their investments.
The platform has introduced a feature to show all other tiers and tranches in select deals. For ‘land’ deals, it has now put the road name first so that it will be easier for lenders to search their portfolio.
Kuflink is also creating a feature that will show borrowers who have links to other loans already on the platform as individuals, shareholders or directors. In the meantime, it is providing comments on the lending cases if there is a such a link.
Furthermore, after introducing open banking-powered instant bank transfers last month, Kuflink is working on implementing open banking on the lending side.
This is by adding an additional layer of borrower verification in real time and building a process to work out the income and expenditure for a potential borrower across all accounts.