What is peer-to-peer lending and where did it come from? » SMEInsider

What is peer-to-peer lending and where did it come from?

Unless you’ve been living under a rock, you’ll almost certainly have heard of peer-to-peer (P2P) lending, an increasingly popular alternative to bank loans that helps to match up startups and SMEs with potential investors.

For many people, the sector seems to have exploded out of nowhere – and it certainly has gained rapid traction. The infographic explains where the idea came from, and how it came to be accepted so quickly.

the-rise-of-peer-to-peer-lending

  • it is a shame this infographic is a little dated. The Nesta report into alternative funding suggests an outturn of around £750Mn for P2P lending in 2014.