The Global Surge of P2P Lending Platforms

P2P lending platforms have experienced a significant surge in popularity in recent years, revolutionizing the way individuals and small businesses access funding. This article aims to provide an in-depth understanding of these platforms, exploring their definition, functionality, key players in the market, and their impact on traditional banking. Furthermore, we will delve into the regulatory landscape surrounding P2P lending and examine the risks and challenges associated with this emerging sector.