An infographic that takes a look at the global P2P lending industry.
Peer to peer, aka P2P lending, is a form of lending whereby money is lent to consumers by other consumers or lower level investors.
As the infographic states, the P2P lending market in the UK – and globally – as seen significant gains since it started up just 14 years ago with the launch of Zopa.
The infographic fills in many of dates on the timeline of P2P lending’s evolution from a little known method of lending & investing, to a well known financial service.
The infographic takes a look at the time-line of P2P lending, various interesting stats and figures, and is a great starting point for anyone that might want to get up to scratch on the history of P2P.
View the infographic in full below:
Source: LearnBonds.com