P2P Lending

byPaytm Editorial TeamLast Updated: August 12, 2025

Meaning

P2P Lending (Peer-to-Peer Lending) is a digital method where individuals can lend or borrow money directly through an online platform, without involving traditional banks. The platform connects lenders and borrowers, handles agreements, and ensures secure transactions.

Key Features

  • Direct connection between lender and borrower
  • Competitive interest rates
  • Quick approval process
  • Lower operational costs

P2P lending promotes financial inclusion by giving access to credit for those who may not qualify for conventional loans.

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