Peer-to-Peer Lending Market - Simplification of Modes Used for P2P Lending Spurs Demand
The global peer-to-peer (P2P) lending market is expected in a report by Transparency Market Research (TMR) to find players following the trend of building tactical alliances to stretch their presence in small business loan divisions. This could be evidenced by the partnership between Prosper Marketplace, Inc. and OnDeck announced in the recent past. In order to improve its product portfolio, Prosper Marketplace also purchased American Healthcare. Using the strategy of collaboration with reliable investors, LendingClub Corporation is observed to target...
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