peer to peer lending top 10:The Top 10 P2P Lenders in the World
kuykendallauthorThe Top 10 P2P Lenders in the World
Peer to peer lending, also known as P2P lending, is a popular way for individuals and businesses to borrow and lend money online. This article will introduce the top 10 P2P lenders in the world, helping you make an informed decision when choosing a P2P platform.
1. LendingClub (USA)
LendingClub is the largest P2P lender in the United States, with a market share of over 50%. It has been around since 2007 and has a strong reputation for transparency and security. LendingClub offers various loan products, including personal loans, small business loans, and residential real estate loans.
2. Prosper (USA)
Prosper is another established P2P lender in the United States, with a market share of around 25%. It was one of the first P2P platforms to launch in the country and has a strong community of lenders and borrowers. Prosper offers a wide range of loan products, including personal loans, small business loans, and auto loans.
3. Zopa (UK)
Zopa is the oldest and one of the largest P2P lenders in the United Kingdom. It has been operating since 2004 and has a market share of around 20%. Zopa is known for its innovative product offerings, such as the ability to borrow or lend in pounds and pence instead of fixed amounts.
4. Prodigy (USA)
Prodigy is a relatively new player in the P2P lending market, launched in 2014. It is based in the United States and has a market share of around 10%. Prodigy offers various loan products, including personal loans, small business loans, and real estate loans.
5. LendingThing (UK)
LendingThing is a UK-based P2P lender that has been operating since 2012. It has a market share of around 5% and offers various loan products, including personal loans, small business loans, and real estate loans.
6. Funding Circle (UK)
Funding Circle is a UK-based P2P lender that specializes in lending to small and medium-sized businesses. It has a market share of around 5% and offers various loan products, including business loans and real estate loans.
7. Affirm (USA)
Affirm is an online P2P lender that specializes in providing fixed-price loans for purchases of physical goods, such as furniture and appliances. It has a market share of around 5% in the United States and was founded in 2005.
8. MoneyGram (USA)
MoneyGram is a financial services company that offers P2P lending services through its platform. It has a market share of around 5% in the United States and was founded in 1940.
9. P2P Loans (UK)
P2P Loans is a UK-based P2P lender that has been operating since 2011. It has a market share of around 3% and offers various loan products, including personal loans, small business loans, and real estate loans.
10. LendIt (USA)
LendIt is an online P2P lending platform that connects borrowers and lenders. It has a market share of around 3% in the United States and was founded in 2013.
The top 10 P2P lenders in the world offer various products and services, allowing individuals and businesses to borrow and lend money online. When choosing a P2P platform, it is important to consider factors such as reputation, security, product offerings, and market share. By doing your research and making an informed decision, you can find a P2P lender that best suits your needs.