February 2024

Engaging the intersection of technology and finance, peer-to-peer lending has been revolutionized by Lending Club, one of the largest powerhouse platforms in the business. But what type of account is it exactly-insurance, consumer finance, or a blend of both? Lending Club, established in 2007, operates as an online marketplace connecting borrowers and investors, thus amply […]

In the world of finance, lending money is commonly classified as a financing activity. The deliberation centered on the influence and role of money lending in the financial sector is particularly intriguing, considering that various forms of lending have been in existence since ancient times. This practice can be traced back to the Babylonians who