10 Best Peer-to-Peer Lending Platforms in Europe

If you can’t or don’t want to borrow money from a bricks-and-mortar bank or a conventional online lender, peer-to-peer (P2P) lending is an option worth exploring. P2P lending works differently from the financing you may have received in the past.

You are not borrowing from a financial institution but rather from an individual or groups of individuals who are willing to loan money to qualified applicants. P2P lending websites connect borrowers directly to investors, as these lenders are called. Each website sets the rates and the terms (sometimes with investor input) and enables the transaction.

Peer to Peer lending sites have been expanding all over the world in recent years. As technology is able to reach a larger number of users of p2p lending platforms have gained more interest in a large number of markets and regions. These peer to peer lending companies are allowing users to borrow and lend funds to other interested parties in a very easy way.

Borrowing and lending money quickly and with the lowest amount of bureaucracy as possible is pushing the industry forward. Users are searching for ways to better handle their money and to properly lend and borrow funds in different currencies and in just a few clicks.

Understanding which are the firms already offering lending and borrowing services will also help us have a better and more professional strategy to handle our funds over time. Some of the best peer to peer lending platforms that can be very useful for users include Mintos, Bondora, Viventor, and Swapper, among others.

In this guide, we will share with you information about the most reliable, recognized and valuable peer to peer lending companies in the market. Each of the companies that are going to be added to this guide will certainly be very useful to fulfill your needs to borrow and lend money.

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