P2P Lending

Peer to Peer Lending

The P2P Lending Industry in 2019; Street Protests and Shifting Policies

As much as growing pains are inevitable, it doesn’t make the experience any better; such has been the experience of the Peer to Peer (P2P) lending industry in 2019. While the most notable one is UK’s Lenndy going into administration for reasons still under investigation by the Financial Conduct Authority (FCA), Asia has seen a much more tumultuous time. Between June 1st and July 20th 2019, 229 P2P lending platforms collapsed in China, under a …

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