WeLab Aims to Make Lending Fully Mobile

The video discusses a company's innovative approach to financial services, focusing on mobile lending. It explains how the company uses a mobile app to analyze user behavior for credit profiling, leveraging data to offer quick lending decisions. The company sources funds from banks and P2P platforms, offering competitive interest rates. Privacy and risk management are addressed, with a focus on customer authorization and low fraud risk.

What is the primary function of the technology discussed in the text?

How does the app analyze a user's behavior?

What percentage of customers receive their money within 24 hours?

What are the average interest rates mentioned in the text?

What is the significance of customer authorization in the app's operation?