
Lending Platforms
Lending platforms are online services that connect borrowers seeking funds with investors willing to lend money, often without going through traditional banks. Borrowers may use these platforms for personal or business loans, typically at competitive interest rates. Investors can diversify their portfolios by investing small amounts across multiple loans, earning interest over time. These platforms streamline the lending process by evaluating borrower risk, facilitating transactions, and managing repayments, making borrowing and investing more accessible, efficient, and transparent compared to traditional financial institutions.