What’s the Future of Lending?

Need a loan? You can always go to a bank. Or you can try to borrow from your peers. Increasingly popular “peer-to-peer lending portals” allow borrowers and lenders to connect directly through online marketplaces, threatening to disintermediate traditional financial institutions in the process. But how do peer-to-peer sites assess the risk involved in the loans they make? What role will regulation play in their future? Will institutional investors get on board? Industry experts discussed these questions and more at Credit Suisse’s 6th Annual Emerging Markets Leadership Forum. Watch the video below to find out why more and more borrowers, lenders, and investors are turning to marketplace lending platforms and how the financial services industry is likely to adapt.

source: Financialist