Too Long; Didn't Read
Crowdlending (sometimes called P2P or P2B lending) enables investors to empower new businesses through financial support. In 2005, Zopa, the first ever online peer-to-peer (P2P) lending company emerged in the UK. After the financial crisis, crowdlending gathered momentum, with many other platforms appearing in the US. Meanwhile, traditional money lending to emerging businesses is on the decline. It’s already changing the way innovative ideas get off the ground in emerging markets.