The Revolution of Fintech Lending
Fintech lending, short for financial technology lending, refers to the use of technology and digital platforms to streamline, automate, and deliver lending services. These companies disrupt traditional banking models by offering faster decision times, reduced operational costs, and increased access to credit, often serving populations (like small businesses or individuals with thin credit files) that are underserved by conventional institutions.
Peer-to-Peer (P2P) Lending: This model directly connects individual or institutional investors with individual or business borrowers via an online platform. The fintech company acts as the intermediary, managing the platform, underwriting, and collections in exchange for a fee.
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