Inspeer
Inspeer
Token: INSP


A Peer-to-peer lending service

ICO dates
Start date: 2017-12-11
End date: 2018-02-05

Registrated in: Cyprus

PREMIUM ICO

https://inspeer.io/ Screenshot
Inspeer categories
Banking Business services Cryptocurrency Platform
Video
Inspeer token sale
KYC passing required No | Whitelist No | Restriction for countries No
Hard cap 30000000 USD
Tokens for sale 50,000,000
Token distribution in ICO
85%
85%
Price 1.00 USD
Acceppting ETH, BTC, Waves, NEM, BCH, LTC, Fiat
Inspeer news, social
Inspeer search trends in Google
Random whitepaper excerpts

2
Table of Content
Table of Content
Introduction

3
Market overview

4
Brief History of the P2P Lending Market

4
Introduction to Crowdlending Platforms
5
P2P Lending and Crowdlending Markets Worldwide
7
Crowdlending Market Growth: Key Factors
8
Inspeer’s View on Market Challenges, Solutions and Opportunities 10
Inspeer: Creating a Modern Financial Platform

12
LightFin MicroLending Platform 12
InsCore: Machine Learning Scoring Model
13
OLAF: Anti-fraud System 13
First Platform for Cryptocurrency Lending alongside with Fiat
14
Opportunities for Investors and Borrowers
14
ICO Details 16
Roadmap 17
Legal Structure 24
Background 24
Overview 25
Proposed Structure 27
Investor Responsibitity 28
Executive Team 28
...

3
Introduction
Introduction
Inspeer is a modern financial platform, designed to meet the demand for financial innovationand
improved finnacial system efficiency through blockchain technology..
Currently Inspeer successfully operates a peer-to-peer lending platform in Russia under the
Lightfin.ru brand. LightFin provides customers with short-term online loans. We were the first company
in this market who managed to reduce loan approval time to 1,5 minutes.
Combining our expertise with our partners’ products, we have built loan pipelines and developed
scoring algorithms. The InsCore system allowes us to effectively execute borrower’s assessment, based
on more than 20 000 predictive indicators. Using the OLAF algorithms, we can identify fraudsters at
a very early stage, even before a loan application is sent. Thereby, Inspeer significantly improves credit
scoring efficiency by reducing final scoring costs and risks of default.
As a next step, Inspeer is going to build a P2P lending platform...

4
Market overview
Market overview
Brief History of the P2P Lending Market
P2P lending (peer-to-peer lending) is a new way of interaction between investors and borrowers
1
,
which enables providing and taking loans without involving any financial institutions as intermediaries.
In this way the entire process is simplified for all participants. By transferring to high-tech online
platforms, P2P lending companies can reduce operating expenses related to staff costs, office rent,
and others. Therefore, more favorable rates can be offered for borrowers and investors. Given that
P2P platforms do not accept deposits, they can avoid costs related to creating reserves. This factor
distinguishes them from banking sector competitors.
After the 2008-2009 financial crisis, banks tightened requirements for borrowers, and the process for
loan approval became longer and more cumbersome. These market developments opened up more
opportunities for P2P lending with all its competitive advantages, ...

5
Market overview
concealment of important for investors data during their IPOs. At the same time, the Chinese P2P
platform Ezubao, one of the largest players in China, turned out to be a financial pyramid. These events
significantly affected the industry as a whole, and put downward pressure on the share prices of
public P2P companies. The market capitalization of Lending Club which had exceeded $8 billion, later
fell to $2 billion, and still remains around that level.
Nevertheless, as quality of loans on P2P lending platforms is high, and the level of defaults remains
consistently low, these companies continue to grow, and the market evolves.
While the number of P2P lending platforms increases, the industry attracts players whose models
complement the existing P2P platforms. Such companies include Orchard, PeerIQ, and Blackmoon
Financial Group (Russia), which provide institutional investors with access to online platforms. P2P
lending attracts investors because of its profitability: by investing ...

6
Market overview
There are some common features of crowdlending platforms include:
1. Borrowers’ credit ratings. They can be prepared either by the platform itself or by external
providers.
2. KYC (Know Your Customer) onboarding process - checking borrowers’ identities and their
documents in order to decrease the risk of fraud.
3. Automated investment: the ability to diversify a lender’s portfolio by automatically investing a
chosen amount in equal shares among different borrowers. Key parameters are determined by
the investor (e.g., borrower credit rating, target ROI, loan term, etc.). Investors do not participate
in the selection of individual projects for automated investment. The number of borrowers in an
automated investment portfolio is usually limited to 50 i.e. a defined by an investor amount will be
evenly distributed among 50 borrowers.
4. Minimum and maximum investment limits for both borrowers and lenders.
5. Early repayment option (grace period) without charging in...

7
Market overview
P2P Lending and Crowdlending Markets Worldwide
The burgeoning market and obvious advantages of crowdlending platforms compared with traditional
investment into the largest crowdlending companies has exceeded $1 billion
4
. However, the market
is not equally developed across different geographies. American platforms are considered mature
are now mainly held by private equity funds. Almost 70% of all investments in large crowdlending
platforms are raised by US companies
5
.
4
http://crowdexpert.com/crowdfunding-industry-statistics/
5
...

8
Market overview
Among the European platforms, the most developed ones are in the UK crowdlending market,
most of which have completed their series C-rounds. They have raised considerably smaller amount
of capital compared to their American counterparts. Chinese platforms are at the earliest stage of
development and are currently doing their series A and B rounds. Despite their early stage, they have
raised a significant amount of capital
6
.
The Russian market is developing much more slowly. The first P2P companies, “Creditvsem”
[
Кредитвсем
] and “BirjaCreditov” [
Биржа кредитов
], entered the market in 2010. “BirjaCreditov” switched
to another business model, becoming a platform for online loans to online shoppers
7
. Searching for
Creditvsem [
Кредитвсем
], today you can find a large number of similar services, which are not related
to the original company. The company “Vdolg.ru” [ <...

9
Market overview
4. Technological development, and increasing reliability of electronic transactions.
Crowdlending platforms became an effective response to both investors’ needs to increase their ROI
with minimal risk, and borrowers’ needs to access financing at reasonable rates and timeframe by
following a streamlined process.
The Liberum Altfi analysis
11
shows that crowdlending platforms are more effective than traditional
lending organizations: the ratio of operating costs to loan portfolio of crowdlending platforms is lower
by almost 40% (4.2% vs. 7.0%). Lower operating costs are explained by significant savings in overhead
office expenses, billing costs, etc.
11
http://www.altfidata.com/marketdata/
...

Inspeer Roadmap

1
$2 million
P2P lending in Russia and Estonia. PayDay Loans. Issuance of virtual card. Lending in cryptocurrency as a main priority.
2
$6 million
Opening P2P lending in Spain and Latvia. Issuance of plastic cards with a credit limit for regular customers.
3
$12 million
Scaling the model, opening an office in the UK. Launching a program for debt restructuring for regular customers.Obtaining an EMI License.
4
$30 million
Loans for small and medium-sized businesses, cross-border payment system.Venture Capital.Crowdfunding
Marina Dymova
Marina Dymova Public Relations

Daria Patrikeeva
Daria Patrikeeva COO. Head of Lightfin.ru.

George Basiladze
Advisors George Basiladze Financial System. Co-founder Cryptopay Ltd

Jevgenia Kask-Savchenko
Advisors Jevgenia Kask-Savchenko CEO WinWin Solutions, Estonia

Valentin Savchenko
Advisors Valentin Savchenko CMO WinWin Solutions, Estonia

Kuzmina Maria
Advisors Kuzmina Maria Project Manager, Ambisafe

Andrii Zamovsky
Advisors Andrii Zamovsky CEO, Ambisafe

Alexander Shalash
Advisors Alexander Shalash Chairman of the Board, Founder at Idea Fabrik Plc

Alexander Rugaev
Alexander Rugaev
ICO Campaign & strategic Adviser
Chief Crypto Officer
CEO of ICOpromo.com
Advisor
Alexander Uglov
Alexander Uglov
Andrii Zamovsky
Andrii Zamovsky
CEO, Ambisafe
Strategic Development Partner
Dmitry Chirkin
Dmitry Chirkin
CLO
Project Lawyer
Legal Advisor
Legal Consultant
George Basiladze
George Basiladze
Financial System. Co-founder Cryptopay Ltd
Advisor
Founder Cryptopay
Valentin Savchenko
Valentin Savchenko
CMO WinWin Solutions, Estonia
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Chief of Digital Marketing HashCoins OÜ
WinWin solution - CMO in WinWin solution
Director of Digital Marketing
Head of PPC
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