PeerPower assesses the crowdfunding issuers through an analysis of the following criteria :
- Must registered in Thailand as a company limited or an unlisted public company limited and has operated for more than 3 years.
- Must has at least one Thai shareholder who is actively operating the business and residing in Thailand.
- Must has annual revenue of no less than 10 million baht.
- Must has submitted audited financial statement for lasted 3 years including the most recent year.
- The company’s board of directors must not undischarged bankrupt.
- Must pass anti-money laundering check conducted by the Anti-Money Laundering Office Website.
- Must not be a construction business, commodities trading (buy-and-sell business) or financial companies.
In addition, PeerPower also has an onsite visit and a process to confirm the identity of shareholders to confirm the accuracy of the information. All data will be imported into the PeerPower credit assessment system before offering personalized offer to the issuer.
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