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The development of peer-to-peer lending

open access: yes, 2015
This article centers around a new phenomenon known as peer-to-peer lending and its huge successes in the recent years. The industry grows double every nine months to a record 2.6 billion by the end of 2014. Because of such growth dramatic changes happened, hedge funds started to invest into peer-to-peer lending and even banks admitted that the new ...
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