What's the outlook on investing in P2P loans with cryptocurrency? - Seedly
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Anonymous

Asked on 27 Jun 2019

What's the outlook on investing in P2P loans with cryptocurrency?

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Samuel Yip
Level 3. Wonderkid
Answered on 27 Jun 2019

P2P is rather positive now. Due to the increase up take of SMES. However, it is likely to be riskier as firms are likely to use this as an avenue to gain loans with unstable financials. There is little audit and due diligence done on these companies which could lead to rather gloomy future if regulstions do not improve.

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