The worldâ€™s peer that is largest to peer lending market may quickly vanish
I had no idea that China was a hot bed of peer to peer (p2p) lending when we started LendIt in 2013. But here I discovered myself speaking with a few leaders from the Chinese p2p financing industry at the initial LendIt right straight back in June 2013. We did no marketing in China but some got wind associated with the traveled and event to nyc to be there. It had been then that i then found out the massive scale the industry had currently accomplished when you look at the worldâ€™s many country that is populous.
We first published in regards to the Chinese lending that is p2p later that 12 months and introduced the western to CreditEase, the organization which was the biggest p2p lending platform in the field.