What is P2P Lending?
Peer-to-peer (P2P) lending is a form of alternative finance that enables individuals or businesses to borrow and lend money directly from each other, bypassing traditional financial institutions like banks. This is facilitated through online platforms that connect borrowers with lenders.

Key Features

• Direct Lending: Loans are provided directly from individuals or institutions to borrowers, without intermediaries like banks.
• Online Platforms: P2P lending operates through online platforms or marketplaces that manage the lending process and connect borrowers with potential lenders.
• Interest Rates: Typically, interest rates for borrowers may be lower than traditional banks, while lenders may receive higher returns compared to conventional savings accounts or bonds.