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01-01-1970 12:00 AM | Source: PR Agency
Year end quote and Outlook on 2022 By Mr. Bhavin Patel, LenDenClub
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Below is quote on Year end and Outlook 2022 By Mr. Bhavin Patel, Founder & CEO, LenDenClub

Peer-to-Peer (P2P) Lending is a new-age investment class that can build a safe future and brighten up the present simply by being a prudent investor. The first two waves of Covid-19 have profoundly revolutionised the way individuals invest, especially the millennials. The post-Covid age is poised to witness a radical 180-degree turn in digital lending. P2P lending will be seen as a leading alternative investment class in less than no time. P2P lending players will indeed be the real winners offering a unique blend of advanced technologies and quick financial solutions. It is a known fact that India's formal credit penetration falls well below that of similar emerging nations. In the coming calendar year, the sector will play a crucial role in filling the credit gap by making it accessible to masses from any part of the country. Further, P2P will play a vital role in growing the BNPL (Buy Now Pay Later) segment and massive penetration in MSME lending.

 

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