iP2PGlobal offers fair personal financing worldwide

A global rate for everybody globally regardless of their domicile


Imagine paying high interest rates for personal financing, purely because you come from a less developed country.

Despite having a good credit track record, you are penalised for your domicile.

The interest rates could be impossibly high and you are denied personal financing when you desperately need it.

You are left in a lurch. Where do you go next?

iP2PGlobal could be the answer.

Its top mission is to change that by re-shaping the worldwide personal financing landscape.

Borrowers who have higher borrower rates due to the countries they lives in, would have access to fair financing rates.

“Upon realising this problem of skyrocketing rates, we decided against adopting the traditional banking system and we needed to look for a fairer methodology to price financing globally.

“An auction style system was also not deemed ideal as it may not result in fair financing pricing.

“This is due to bigger lenders having a bigger influence on the final borrowing rates and the auction’s outcome,” said James Loy, iP2PGlobal Management Team’s Chief Executive Officer.

After exploring several solutions, they created their own proprietary Global Benchmark Rate Curve (GBRC).

This is how it works: A weighted average local profit rates (interest rates) of every country iP2PGlobal team intends to operate in will be calculated and updated constantly.

Weightings will be based on the individual country’s gross domestic product index (GDP) and number of Muslim populations in the country.

The borrowing rates for each individual are determined by the GBRC and the borrower’s credit risks.

“The reason we considered the number of Muslim population in a country is due to the financing products offered on iP2PGlobal are based on Sharia principles,” he said.

This paves the way for iP2PGlobal to be the first global platform to offer financing products based on Sharia principles, built upon blockchain technology.

TWQ Token Pre-ICO is ongoing

iP2PGlobal Personal Financing Platform is offering a total 155,000,000 TWQ tokens for subscription for its pre-ICO, starting from 19th February, 2018 (OO:OO UTC) to 29th April, 2018 (23:59 UTC).

Different bonuses are offered at different stages of the pre-ICO, which is outlined in the whitepaper.

As of 5th March, 2018, the pre-ICO has entered its second stage.

The TWQ (Tawarruq) is an ERC20 token that confer the right to the token holder to submit an application for a personal financing based on a Commodity Tawarruq Trading program, through the iP2PGlobal platform and have it listed in the platform for prospective lenders to view and choose to finance.

The TWQ Token is a pure utility token and does or will not provide any other rights and functions to its holders.

Meanwhile, the ICO crowdsale starts on 30th April, 2018 (00:00 UTC) and ends on 13th May, 2018 (23:59 UTC).

The price being offered for the tokens is 0.0002 ETH for 1 TWQ during pre-ICO and ICO crowdsales.

For even better perks, large purchase bonus for individual subscriptions above 50ETH will be entitled to a 10% additional TWQ tokens.



iP2PGlobal brings together best practices of traditional banks and the world of cryptocurrency into one peer-to-peer (P2P) financing platform. It connects borrowers and lenders from across the globe on a single platform in a trusted, fast and easy manner. This is powered by its newly introduced utility token, TWQ, which is based on Ethereum’s ERC-20 Smart Contract Platform. iP2PGlobal is the solution in Re-Shaping Personal Financing.

For more information on TWQ and iP2PGlobal, visit https://ip2pglobal.io

For media enquiries, email Ms Mei Wong at wpm@virtue.ae

© Press Release 2018

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