Why Banks Want In on Peer-to-Peer Lending

The video discusses the evolution of lending from peer-to-peer to marketplace lending, highlighting the involvement of institutional investors alongside retail investors. It explains how the platform connects these investors with origination platforms to simplify and scale the lending process. The focus is on improving consumer experience by offering faster loan approvals compared to traditional banks. The platform has seen significant investment and growth, with a technology-driven approach reminiscent of early online advertising. It emphasizes transparency and risk management, suggesting stability even during financial crises. The leadership team, with notable industry figures, aims to strategically grow the company.

What potential risks does the peer-to-peer lending system face during a financial crisis?

How are marquee names in the financial industry contributing to the growth of the company mentioned?