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In 2018, the global P2P Lending market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
The delinquency rates of some P2P firms were higher than 93 percent, the data added.
According to the P2P Finance Association, PS10.5bn was lent across its eight member platforms in the first quarter of 2019, up from PS7.4bn at the same time last year.
"For P2P to continue to evolve sustainably, it is vital that investors receive the right level of protection."
These P2P buses not only make commuting easier but also help ease the traffic gridlock in Metro Manila.
The RBI has restricted the maximum investment amount at INR 10,00,000 per individual investor across all P2P platforms and it has also mandated a minimum net owned funds of INR 2 Crores for the platforms to operate.
The research also finds that the growth in web video piracy is only adding to the global movie and TV piracy problem, rather than replacing P2P piracy.
In 2006, the MedPartners HIM division was created under the P2P umbrella when Bob Bradley and Marci Wilhelm partnered with the P2P Founders.
Malauzai Software, a provider of mobile and Internet banking SmartApps(TM) for community financial institutions, has released its August Monkey Insights that looked at person-to-person (P2P) Payments usage within community banks and credit unions, the company said.
Apple has been experimenting with P2P for some time.
P2P architecture is a network architecture where each member of the network contributes and shares resources with other members.