There was an informative report from IOSCO on crowd funding and peer to peer lending earlier this month. The report highlights the developing nature of these type of platforms and considerable risks associated with such platforms such as default risk, platform closure/failure, fraud, illiquidity, cyber, information asymmetry, and investor inexperience. The report also outlines the different business models (of particular interest are those tested models growing in the US, China & the UK) in the approx $6 billion market and how regulation is trying to address these new models (or not in some cases).
The report lists the major players in the P2P lending market as per the exhibit below.
click to enlarge
Interesting stuff.
This blog represents my personal views and is not reflective of the views or opinions held by any company or employer I work for currently or have worked for in the past. The views expressed herein are based solely upon publicly available data. No views expressed herein should be taken as an endorsement to take any particular course of action in the markets. The basis of this blog is that different views should be expressed and readers make up their own minds on the what they believe and act accordingly.
deconstructingrisk 