India: Entry of big fintech players pushing revamp in P2P lending space

India: Entry of big fintech players pushing revamp in P2P lending space

Photo by Blake Wisz on Unsplash

Peer-to-peer (P2P) lending is going through a revamp as larger fintechs, including BharatPe and Cred, have launched offerings around the risky asset class for their customers, allowing them to earn and borrow at competitive market rates.