Daily Funding Unveils 'One-Stop Limit Review' System
The Chosun Ilbo · Lim Hee-jae(ChosunBiz) ·
Daily Funding Unveils One-Stop Limit Review System Automated Document Collection Aims to Boost Investment Limit Approvals Beyond 42% Rate
Daily Funding, an Online Investment-Linked Financial Business (P2P) company, has introduced the 'One-Stop Limit Review' system to expand investment limits through simplified authentication.
Daily Funding announced on the 6th that one out of five active customers are 'highly engaged customers' who have invested 35 million Korean won or more out of the 40 million Korean won investment limit. The cumulative investment amount from highly engaged customers is approximately 89.2 billion Korean won.
Previously, investors had to undergo an income-eligible investor review to increase their investment limits. The review criteria required either interest and dividend income of at least 20 million Korean won or business and labor income exceeding 100 million Korean won in the previous year. However, since investors had to directly issue and submit the required documents, the actual review pass rate remained at approximately 42%.
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