{"id":5973,"date":"2019-08-19T18:58:55","date_gmt":"2019-08-19T13:28:55","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=5973"},"modified":"2020-11-27T15:22:22","modified_gmt":"2020-11-27T09:52:22","slug":"advantages-and-disadvantages-of-p2p-lending","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/advantages-and-disadvantages-of-p2p-lending\/","title":{"rendered":"Advantages and Disadvantages of P2P Lending"},"content":{"rendered":"\n

In the past few years, P2P Lending has made rapid progress and is one of the fastest-growing sectors of alternative lending. As of now, the current worth of India\u2019s P2P lending industry stands at $3.2 million<\/em>. However, it is estimated to grow around $4 to $5 billion by 2023<\/em>. Let’s discuss the Advantages and Disadvantages of P2P Lending sector.<\/p>\n\n\n\n

In 2016, there was around 30 peer to peer lending platforms in India<\/em>, out of which only a few of them succeeded in procuring the P2P license from RBI. <\/p>\n\n\n\n

2018 proved to be a landmark year for the P2P industry. RBI issued the license for operating NBFC-P2P Company to as many as eleven companies. <\/p>\n\n\n\n

Hence,\nit\u2019s quite evident that in the upcoming years, Peer to Peer lending industry\nwould be leading the market of alternative finance. So, if you, as a start-up,\nare willing to start a P2P company, it would be the best option. <\/p>\n\n\n\n

But before you leap on to starting a P2P company<\/em> or opt to apply for the P2P license<\/a><\/strong>, find out its pros and cons.  <\/p>\n\n\n\n

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Table of Contents<\/p>\n