Meredith Mangan is a senior editor and expert on personal loans. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned ...

Understanding the Context

Peer-to-peer (P2P) lending emerged in the early 2000s as an alternative option, letting people borrow from other individuals rather than banks or financial institutions. Today, this type of lending ... Peer-to-peer lending can be the answer to all kinds of situations in which you need to get your hands on some cash. Maybe you want to reduce or consolidate debt, buy a car, start a small business, pay ...

Key Insights

The Indianapolis Star: Innowise wins ‘Overall Peer-to-Peer Lending Platform of the Year’ in the 2026 FinTech Breakthrough Awards Innowise is celebrating its win as being named the “Overall Peer-to-Peer Lending Platform of the Year” in the 2026 ... Innowise wins ‘Overall Peer-to-Peer Lending Platform of the Year’ in the 2026 FinTech Breakthrough Awards When fixed income just doesn’t cut it, some investors turn to peer-to-peer lending platforms for above-market returns. Peer-to-peer lending has three competitive advantages: First, the platforms’ ... Peer-to-peer lending is the would-be Web 2.0 replacement for our naughty banking system. In recent months I’ve had visits from both Prosper CEO Chris Larsen and Kiva CEO Premal Shah.

Final Thoughts

Larsen waxed ...