The verification of issuer’s credit information and membership with the National Credit Bureau.

Modified on Wed, 20 Sep 2023 at 06:39 PM

PeerPower is a member of the National Credit Bureau (NCB), this allows PeerPower to directly access the credit information of issuers, ensuring accuracy and transparency. The data will be analyzed and presented in a prospectus to investors for decision making .

PeerPower as a crowdfunding platform must:

  • Report credit history of issuers to the National Credit Bureau. This credit report will be presented on the NCB database. 

  • Prevent the disclosure of the issuer's credit information to third parties.

As a crowdfunding platform, PeerPower believes that becoming a member of the National Credit Bureau will set a new standards of the financial landscape and promote investor confidence in crowdfunding investment.

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