From hot to not, to probably a consolidation of winners and at the end a success story!
What Lending Club’s falling share price means for the P2P lending sector The meteoric rise of e-lending platforms attracted a lot of interest among investors and entrepreneurs. Lending Club and OnDeck have already become public companies, and their competitors, such as Funding Circle, SoFi, Prosper, RateSetter, Zopa, Avant, Kabbage and others continue to develop and increase their loan portfolios. Many in other countries like the idea of copying successful solutions from the U.S. and the U.K., or selecting an existing business model and producing a similar, but “a little different” or “better” one and setting up a company based on such a model. Many want to know how likely such players are to succeed and whether it is worth investing in them. Let’s consider this question in detail by exploring the specific aspects of online platform creation.