Peer-to-peer lending is the phenomenon of online lending brought about by platforms that match borrowers directly with lenders. It is gaining traction and expanding rapidly to new product categories because it offers an improved experience and passes on the benefits of using technology to borrowers and lenders. P2P lending has emerged as one of the hottest industries in fintech with a fast growth track and billions of dollars generated in loans every year.

A successful P2P lending platform has, as a foundation, flexible and efficient technology that allows them to exceed borrower and lender expectations.