As an investor in P2P loans, you can earn some passive income while diversifying investments and potentially lowering your ...
In times of economic uncertainty, traditional loans may not always be the best option. Discover innovative alternatives that can provide financial relief without the constraints of conventional ...
Peer-to-peer platforms act as the middleman in this process. This is done by matching businesses who are looking for funding ...
We at Prosper introduced peer-to-peer (P2P) lending to the U.S. in 2005, and nearly 20 years later, our personal loan platform has facilitated more than $26 billion in loans for more than 1.5 ...
loans that require physical collateral since they entail more risk to the lender. Peer-to-Peer (P2P) Lending is a type of social lending that allows borrowers to bypass the traditional financial ...
In May, Ivan stated that industry players and the Indonesian Joint Funding Fintech Association had encouraged the regulator to increase the maximum ticket size for P2P loans to 10 billion rupiah ...
Around six major borrowers of Indonesian fintech firm Akseleran have defaulted on loans totaling over 178.3 billion rupiah ($11 million), impacting several retail lenders, according to Akseleran’s ...
The fund is now being wound down after reporting unexpectedly high defaults from loans to small businesses. This all points to one increasingly obvious problem: returns from investing in P2P ...
Peer-to-peer lending is a form of direct lending of money to individuals or businesses without an official financial ...
Kamalesh Jain, a senior software engineer at Apple and an expert in ML-driven financial technology, recently spoke about the ...
in August 2024 the central bank banned such platforms from advertising P2P loans as investment products, adding to its fair practices code for the sector alongside issuing other operating guidelines.