One of the biggest players on the SME business loans market is sharing their expectations about how the market is going to change and grow. There is much more space to grow and expand for SME business loans in Singapore. Should we expect that P2P will play a much bigger role in that growth?
The rise of the “sharing economy” and “on-demand” economy has led to the emergence of many new businesses and business models. These new business models pose a disruptive element for traditional business models. One such business is P2P lending which may end up inadvertently disrupting the traditional business of banks. Will P2P Lending impact the business of banks as Uber did for traditional taxi companies?