Is P2P Lending The Future of Global Economy?
P2P lending or peer-to-peer lending is an online platform where a willing person can lend a sum of money to a borrower (who can be an individual or a company) on a decided interest rate, without the involvement of a bank or other such financial institutions. This practice has helped in democratizing and leveling the […]
What is the Future of Online Lending?
Borrowing and lending of funds is an essential part of the economy. This is how the money in the economy gets circulated to different sectors and there opens up new opportunities for new fields to develop and for different people to earn. However, if this system becomes stagnant and the money is not transferred then […]
An Overview of Fintech in Canada
The world is growing and the technical advancements in each sector are doing a lot to promote the efficiency and capability of different sectors. New technologies are revolutionizing the small tasks and changing the fundaments. And as a result of this, many industries and sectors have reported growth and development for the better. The financial […]
What is P2P Lending?
Money might not be recognized as an essential commodity to survive by governments all over the globe, but no one can refute the point, that it sure is the backbone of any economy. And so, in order to keep the economy functional in any country, it is necessary that there is lending and borrowing of […]
Investing For Millennials
The generation of individuals born in the 1980s and 1990s is referred to as the millennials. Millennials tend to be more attracted to uncomplicated investment opportunities. They like having the autonomy to make their financial decisions, after thoroughly studying the information available. Millennials are accustomed to digitalization and the ability to sit at home and […]
The Future of the Financial Industry
The future of the financial industry is dependent upon the expansion of Neobanks in the coming years. Neobanks are financial servicer providers that solely operate online. These offer loans, investment opportunities, and money wallets to their customers. With a growing inclination towards complete digitalization, neobanks are challenging traditional banks with the help of Quantum computing. […]
The Future Of Peer To Peer Lending In Canada With Hutsy
Gone are the days when people had to go through extensive screening and application process before applying for a loan. Today, peer to peer lending platforms enable investors and borrowers to directly deal with each other. Canada only has five major banks that control most of the financial industry. With the entry of peer to […]
