UK & US Peer-to-Peer Regulation: Enlightened Touch vs. Square Peg Round Hole
United Kingdom & the United States See Incredible Growth in Peer to Peer Lending Industry.
With all of the hype around equity crowdfunding the silent counterpart of peer-to-peer lending has been quietly growing into a significant and disruptive industry. In fact, some industry followers expect the Peer-to-Peer lending to grow to $1 trillion by 2025. In the United Kingdom, the industry achieved over £480 million in loans for 2013.