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Peer-to-peer lending on the rise

Friday 23rd of November 2018
FMA figures show new loans to individuals rose to $143 million in the year to June, up from $124 million in 2017. P2P loans to businesses more than doubled from $31 million in 2017 to $64 million last year, according to the data.
The figures underline the growing market for alternative sources of lending in New Zealand, in a year that has seen strong growth for non-bank lenders in...
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