The fintech evolution has been a game changer for the investing industry. Two decades ago, investing was accessible to the wealthy as a means to make them even wealthier. But with the development of the Internet and technological innovations, the rise of digital information paved the way for more available investing opportunities.
The early 2000s mark the foundation of the peer to peer (P2P) lending industry that started to shape the way we currently see investing for individuals. Zopa was a P2P lending pioneer that was the first offering to connect borrowers looking for personal loans with individual lenders willing to lend money through an online platform. It was followed by the rise of Lending Club, which later triggered the outspread of P2P investments, breaking down the existing barriers and democratizing investments for individuals.
To read what Sigita Kotlere, CEO and Board Member of Nectaro, says, click here
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