What Is P2P Lending And How Can You Invest In P2P Loans In Singapore
High returns would naturally come with high risk. Investors need to weigh the pros and cons to determine if P2P investing is suitable for them.
December 30, 2020
This article was originally published on 7 June 2019 and was updated on 28 December 2020 to provide updated information. Additional reporting by Timothy Ho
P2P lending has been heating up over the years, not just in Singapore, but in other countries such as China as well. Over the past decade, China has become the world’s largest P2P lending industry, with total loans of about $200 billion.