European peer-to-peer lenders now function in 112 nations, in accordance with analysis from Robo.money.
The platform discovered that Spain ranks prime of the pile for funding from P2P lenders in Europe, whereas exterior of Europe, the US leads the best way.
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Greater than 50 per cent of other lenders working in Spain are registered in different nations, with 10 per cent of the European P2P platforms surveyed by Robo.money providing loans to 72 nations exterior of Europe.
“It’s curious that in comparison with 2021, the share of such platforms of the whole pattern didn’t change a lot,” Robo.money stated in an announcement. “On the identical time, the main focus has shifted from the patron phase to enterprise lending, and to a better extent to sustainability, inexperienced vitality and related initiatives.”
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The US is the chief when it comes to P2P platforms that function worldwide (14 in whole). In joint-second place are the Philippines and Kazakhstan (10 platforms every).
Robo.money stated that no European P2P lenders function in China or Argentina, regardless of them having important economies.
In whole, 424 European P2P platforms from 30 European nations had been included within the research.
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