stoqman.com

Here's what it says on the stoqman.com website:

More than 5 years on the market. Lending activities in 6 countries of Europe and Asia. Starting 2021 we are entering the online lending market in 3 more European countries. STOQMAN projects are leaders in their regions. Own IT infrastructure, R&D and Data Science centers are competitive advantages that provide business scalability, flexibility and speed of decision-making, and increase the quality of the portfolio. We use the most promising tools at the moment, Bitcoin, Ether, Litecoin, Ripple, Tron, Tether Omnilayer, Tether ERC-20, Tether TRC-20, allowing us to work with the investors from all over the world avoiding bureaucratic boundaries. After passing all the stages of verification, the loan application goes to the exchange, where you have the opportunity without risk and with a guarantee of income to lend funds to a verified borrower. In case of non-return of funds by the borrower, the case is transferred to the department for work with problem loans, and the debt to the investor is covered by the exchange at the expense of its own guarantee fund. Important! Investments are made in any of the available payment systems. The investor receives the debt repayment and income in the currency of the investment. The borrower receives funds in the required currency. At the same time, the conversion is carried out within the system at the expense of the borrower. A lot of investors, both large and small, are ready to invest for a period from 3 days to 12 months, but they are not ready to go to the bank because of the minimum interest rate. For all investors the most important investment parameter is a guarantee of a return on funds with an anticipated income, which should be significantly higher than the rates on bank deposits. On the other side there are entrepreneurs and companies with a good credit history who need a quick loan without delay for a period of 2 weeks to 3 months. This market segment is not interesting for the banks but it is interesting for us and our investors. To access our platform borrowers go through the approval procedure, however, due to the absence of a typical banking bureaucracy and a high degree of automation of business processes, this takes no more than 2 days. Practice shows that no more than 15% of incoming applications on average receive approval. This guarantees a return of funds to investors and allows us to reduce the risk burden on our company to almost zero. .