Lending & Borrowing through P2P platforms
A Peer to Peer (P2P) lending platform is an online aggregation platform of lenders and borrowers. It provides easy, flexible and quick access to funds for borrowers and higher rate of return to the lenders as compared to the bank FDs. It also provides funds to borrowers at a relatively cheaper rate than banks or financial institutions.
Related Articles
-
Fintech Disruption In Lending Space Is Very Slow Now
Apr 25, 2017
-
RBI finalizes peer to peer lending norms; likely in 2-3 weeks
Jun 30, 2017
-
Faircent: Quicker than Uber, cheaper than banks & more lucrative than stock market
Dec 14, 2016