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Peer to peer lending sunsets as pandemic strains model

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By Jennifer Kang
20 Oct 2020

The peer to peer lending model may be nearing the end of its lifecycle, signalled by LendingClub’s announcement that it would shutter its retail investor platform. With heightened regulatory risk and disappointing returns compared with securitization or whole loan sales, sources say the demise of peer to peer lending is becoming inevitable.

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By Jennifer Kang
20 Oct 2020