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Share - How Does a P2P Lending Company Work?

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How Does a P2P Lending Company Work?

Peer-to-peer (P2P) lending companies revolutionize the financial ecosystem by directly connecting borrowers and investors through online platforms, bypassing traditional banks. Here's a breakdown of how these companies operate: 1. Platform Setup and Registration P2P lending companies establish a digital platform where borrowers and investors can register. Borrowers create profiles detailing their financial needs, credit history, and repayment capability. Investors register to browse lending oppo