P2P Lending Market Growth By The Numbers 2015

• Since the financial crisis which happened in U.S, the potential borrowers are desperately trying to find better access to credits at lower interest rates. In the meantime, the retail investors are finding new ways to grow their money more efficiently and receive high returns on their investments.

• Banking institutions, which is loaded with regulatory burdens haven’t been able to fully meet the needs of their investors either.

• Because of this gap in the market there is a large growth of a new financial sector peer-to-peer lending.

• Peer-to-peer lending platforms like Lending Club and Prosper Marketplace run online lending services that can quickly and automatically match borrowers seeking a loan to an investor willing to provide the funds for that loan at an attractive interest rate.

7 surprising facts about peer lending

Peer to peer lending removes banks as intermediaries and grants money quicker at a lower rate for borrowers and higher returns for lender. These loans are segmented into small chunks so that lenders can invest in many small loans to reduce risks.

P2P Lending Growth Facts For 2015

• Peer to peer lending is seeing a significant growth in developed countries were financial market is strong. In US last year it has seen a growth of 128%.

• The US has the largest P2P lending market in the world by volume.

• The UK’s loan volume is 72% larger when compared to per capita basis.

• Europe Peer to peer is the next big market.• You have to take precautions even though this

market is flourishing.Source : http://thelendingmag.com/p2p_lending/

As this market is growing, there is a possibility of earning high money not only for lenders and borrowers but also for new entrepreneurs who are willing to start a crowd funding site. Agriya is one of such company which will help you to develop your P2P lending and borrowing script. It is well versed in web development and clone script development.

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