The Partner Platform app icon

The Partner Platform

Contribute, lend, and withdraw funds

Lender Block LC

★ 4.914 ratingsFinanceFree

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Description

Manage group loans with scheduled contributions and withdrawals. Track member contributions and pool value. Distribute funds cyclically and monitor repayment schedules. Set and enforce lending rules.

The Partner Platform is a networked fund-sharing platform in which familiar groups contribute to a closed lending group and take turns withdrawing the sum of the pool value on a cyclical basis. Globally, many people in family/friend groups participate in interest-free closed lending groups managed by a trusted member who is known as the ‘banker’, and funds are distributed to members on a schedule, granted, each member has given their contributing portion each month. The Partner Platform enables members to create and participate in blockchain-powered closed lending-groups with utilizable functionalities, such as established official record-keeping, automated scheduling and fund distribution, in-built communication channels, streamlined loading and unloading of funds using debit cards and bank accounts, plus more.