P2P Series Role 3: Asia’s On The Web Lending Consolidates As Marketplace Grows

Asia’s online peer-to-peer (P2P) lending industry is certainly going via a welcome consolidation. Weak, noncompliant platforms are failing, but very long overdue tightening that is regulatory nevertheless exorbitant competition probably will further winnow down the 2,000 platforms online right now to a couple of hundred into the coming years. Nonetheless, those that survive will compete in a much bigger market that features grown quickly despite a minefield of brand new laws and frequent problems. Read more