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Peer-to-Peer Lending Market to Hit $21.42 Billion by 2030

Started by KHY Lending, September 08, 2023, 10:35:17 PM

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KHY Lending

Saw this today - https://www.prnewswire.com/news-releases/peer-to-peer-lending-market-to-hit-21-42-billion-by-2030-grand-view-research-inc-301911063.html

"The global peer-to-peer lending market size is expected to reach USD 21.42 billion by 2030, growing at a CAGR of 20.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Changing consumer preferences and attitudes toward borrowing and investing have propelled the growth of the peer-to-peer (P2P) lending market. Many individuals prefer borrowing directly from peers or investing in loans that align with their goals. P2P lending allows borrowers and lenders to connect on a more personal level, fostering a sense of community and trust that may be lacking in traditional lending channels."

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