Peer-to-Peer Funding
(see P2P Lending).
Real World
A small café owner unable to secure a bank loan raised £20,000 through Zopa, a peer-to-peer platform, where individual savers lent money directly in return for interest payments.
Exam Focus
Treat this identically to P2P Lending in exam answers; focus on disintermediation and the risk to individual lenders.
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