US, UK See Rise In Peer-To-Peer Online Lending Exchanges As Investment Alternative, TowerGroup Says

A new TowerGroup study says investors are turning more and more to peer to peer online lending exchanges as an alternative trading platform. Some investors are discovering that good returns at a reasonable risk can be difficult to find in

By None

A new TowerGroup study says investors are turning more and more to peer-to-peer online lending exchanges as an alternative trading platform.

Some investors are discovering that good returns at a reasonable risk can be difficult to find in traditional investment platforms and are instead turning to Internet-based lending exchanges as alternatives, TowerGroup says.

The turn to peer-to-peer platforms could also come as a shock to financial services institutions and hit them unawares if preparations aren’t made, the study warns.

«