Helios P2P.

Helios P2P is Sri Lanka's first peer-to-peer lending platform. They're looking to change the lending in landscape in Sri Lanka by enabling a secure platform for peer-to-peer lending, backed by some impressive tech.

Why Helios?


Helios uses machine learning to grade borrowers and blockchain to secure the data. They were one of the winners of last year’s John Keells X Startup Accelerator program, and over the past year they’ve been mentored and assisted by JKX, finally launching the platform a few weeks ago.

Why P2P Lending?

Sri Lanka has 1.35 million credit card holders (Business Times, April 2018) who collectively owe commercial banks Rs.78.8 billion (that’s right, with a B).

Those numbers imply two things: one in every twenty people in the country has a credit card, and that each card-holder on average is in debt to the bank through the credit card alone at an astounding Rs.581,540. The current interest rates charged by banks on credit card debt ranges anywhere between 20% – 28% per annum, which, based on the previously mentioned average cardholder debt can come in at over Rs. 10,000 per month.

This is where Helios’ peer-to-peer lending value proposition comes into play by connecting borrowers with potential lenders, offering the latter lower annual interest rates, while giving the lenders higher returns for their money than current fixed deposits.

How Does It Work?

Despite their sophisticated backend processes, Helios is quite straightforward to use for both the borrowers and lenders.

Borrowers will have to follow a simple registration process and provide the required documents as mentioned on our site. As part of the verification process, the team gets in touch with the prospective borrowers. On the basis of these documents (which involves getting a credit report), every borrower will be identity-verified, credit-checked and risk-assessed using a model created by Helios integrating Machine Learning and AI. Helios risk grades the borrowers into 5 categories (A,B,C,D,E), ‘A’ being the borrowers with the best credit profile and ‘E’ being the category of borrowers who include those seeking microfinance loans.

Once the loan is listed, lenders can view the listing and send proposals to fund it at the given interest rate. All proposals are accepted on a first come first serve basis. Bank account details of the borrower will be provided to the lender once both parties have agreed to the loan agreement allowing the lender to transfer the funds to the borrower’s bank account.

The maximum borrowing amount is capped at Rs. 500,000 at the moment with repayment periods of 1 to 18 months. Interest rates will be within 13% and 30% p.a (the borrower’s interest rate will differ according to the risk grade and the repayment period chosen by the borrower).

Investors, on the other hand, will have to follow a simple registration process with no fee. Once the registration is complete, the investor can start to filter the borrowers using the Helios advanced filters. Loan listings are visible on the investor’s dashboard along with relevant financial and credit details of each borrower. Investors can use this information to make an informed choice to fund the borrower.


Peer-to-peer lending is still a new concept here in Sri Lanka, but it makes a lot of sense once you look at the debt figures. Helios could potentially relieve borrowers of the compound interest burden they face, while offering a viable alternative to FDs for investors.

This is only a quick summary of what Helios P2P brings to the table. If you’re interested in signing up as either a lender or a borrower, all the information you need is on their website – www.heliosp2p.com.

Share on facebook
Share on twitter
Share on whatsapp




Beyond the Hook: Exploring Totally Hooked’s non-Seafood dishes

By Hashini Pathirana Totally Hooked CMB, as we are all aware, is widely renowned for

Kamu Yamu Guide

The Art of Fusion Cuisine at Mövenpick Hotel

By Vera Wadugodapitiya We walked into Robata Grill, Mövenpick. Instantly, what struck me about the

Highlights Kamu

A Taste of Mexico – Cinnamon Red’s Latest International Cuisine

By Shamrina Carim Every month, Cinnamon Red has come up with an exciting initiative to

Highlights Kamu

A Classical High Tea Encounter with the Coronation at Mount Lavinia Hotel

By Shamrina Carim Mount Lavinia Hotel hosted a casual evening of classic high tea encounters

Highlights Kamu

The Bento Box at Royal Thai, Cinnamon Lakeside

By Hiruni Herath When you step into the Royal Thai Restaurant at Cinnamon Lakeside, you’ll

Highlights Kamu

Totally Hooked – The Ultimate Seafood Destination

It is not a surprise that “Totally Hooked CMB", the talk of the seafood town,

Highlights Kamu


Chef Sanjay Brings the Flavours of Our Neighbours to Cinnamon Lakeside Colombo

Colombo, Monday 05th June 2023: Despite Sri Lanka’s proximity to the Indian Sub-Continent and a


Award Winning Indian Restaurant Junior Kuppanna in Colombo

Junior Kuppanna, opened its newest international branch in Colombo on 25th May 2023. The new


Hilton Sri Lanka Unveils ‘Enchanting Beginnings’ Wedding Sale

Swoon over exclusive wedding packages in stunning venues for a lifetime of memories Colombo, Sri


Ramada Colombo’s Exclusive Limited Time Wedding Discount

Book before June 15th and enjoy 25% off Planning the perfect wedding can be an


The 30th Gratiaen Prize shortlist was announced with the launch of the Gratiaen Trust Young Writers Club

The Gratiaen Trust in association with the John Keells Foundation partnering with the Trust for


Hilton Sri Lanka is set to commemorate Mother’s Day in grand fashion

Continuing our long-standing tradition of celebrating extraordinary mothers, Hilton properties across Sri Lanka have gone


Yamu Guide.

7 Yoga Studios in and around Colombo

By Udaraa Gamage Are you looking for ways to escape from all that hustling and

Highlights Yamu Guide

Beyond the Hook: Exploring Totally Hooked’s non-Seafood dishes

By Hashini Pathirana Totally Hooked CMB, as we are all aware, is widely renowned for

Kamu Yamu Guide

7 Decent BnB spots for under LKR 7500 – Sri Lanka

We all like spending mini vacations at affordable spots to relax or stay on the

Highlights Yamu Guide

7 Places to Dine Under LKR1500 LKR per person

By Udaraa Gamage Are you a foodie looking for budget places to satisfy your taste

Highlights Yamu Guide

The Aesthetics of Club Palm Bay

Club Palm Bay is a hotel located in the heart of a charming fishing village

Yamu Guide

High Tea Affairs at L.A.B by Hilton Colombo

By Hashini Pathirana A little chit chat with your besties, while sipping onto an Iced

Yamu Guide