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Peer-to-Peer Digital Banks Are Lending Billions of Dollars

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A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and Funding Circle in the U.K. According to Fitch, the largest lenders had a total of $3.5 billion outstanding loans at the end of 2013, up from $1.2 billion a year prior. Lending Club and Prosper control a whopping 98 percent of the U.S.

Peer-to-Peer Digital Banks Are Lending Billions of Dollars

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A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and Funding Circle in the U.K. According to Fitch, the largest lenders had a total of $3.5 billion outstanding loans at the end of 2013, up from $1.2 billion a year prior. Lending Club and Prosper control a whopping 98 percent of the U.S.

Peer-to-Peer Digital Banks Are Lending Billions of Dollars

Submitted by on

A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and Funding Circle in the U.K. According to Fitch, the largest lenders had a total of $3.5 billion outstanding loans at the end of 2013, up from $1.2 billion a year prior. Lending Club and Prosper control a whopping 98 percent of the U.S.

Peer-to-Peer Digital Banks Are Lending Billions of Dollars

Submitted by on

A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and Funding Circle in the U.K. According to Fitch, the largest lenders had a total of $3.5 billion outstanding loans at the end of 2013, up from $1.2 billion a year prior. Lending Club and Prosper control a whopping 98 percent of the U.S.

Peer-to-Peer Digital Banks Are Lending Billions of Dollars

Submitted by on

A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and Funding Circle in the U.K. According to Fitch, the largest lenders had a total of $3.5 billion outstanding loans at the end of 2013, up from $1.2 billion a year prior. Lending Club and Prosper control a whopping 98 percent of the U.S.

Peer-to-Peer Digital Banks Are Lending Billions of Dollars

Submitted by on

A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and Funding Circle in the U.K. According to Fitch, the largest lenders had a total of $3.5 billion outstanding loans at the end of 2013, up from $1.2 billion a year prior. Lending Club and Prosper control a whopping 98 percent of the U.S.

Peer-to-Peer Digital Banks Are Lending Billions of Dollars

Submitted by on

A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and Funding Circle in the U.K. According to Fitch, the largest lenders had a total of $3.5 billion outstanding loans at the end of 2013, up from $1.2 billion a year prior. Lending Club and Prosper control a whopping 98 percent of the U.S.

Peer-to-Peer Digital Banks Are Lending Billions of Dollars

Submitted by on

A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and Funding Circle in the U.K. According to Fitch, the largest lenders had a total of $3.5 billion outstanding loans at the end of 2013, up from $1.2 billion a year prior. Lending Club and Prosper control a whopping 98 percent of the U.S.

Peer-to-Peer Digital Banks Are Lending Billions of Dollars

Submitted by on

A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and Funding Circle in the U.K. According to Fitch, the largest lenders had a total of $3.5 billion outstanding loans at the end of 2013, up from $1.2 billion a year prior. Lending Club and Prosper control a whopping 98 percent of the U.S.

Peer-to-Peer Digital Banks Are Lending Billions of Dollars

Submitted by on

A recent Fitch Ratings report shows that the peer-to-peer (P2P) digital banking space has become a billion-dollar industry and is growing fast.  The largest P2P lenders in the world include Lending Club and Prosper in the U.S. and RateSetter, Zopa and Funding Circle in the U.K. According to Fitch, the largest lenders had a total of $3.5 billion outstanding loans at the end of 2013, up from $1.2 billion a year prior. Lending Club and Prosper control a whopping 98 percent of the U.S.

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