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1) No compensation of defaults/loan loss recovery.
2) Less transparency
3) Risk of discontinuation of platform/ bankruptcy of P2P
4) Falling P2P prices/large prices instability will harm investors.
5) There is always risk of Fraud/ Terrorism Funding/ Cyberattacks, etc.

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1) Works as an intermediary and make profits by arrangement fees rather than interest fees.
2) Borrowers apply for loan on P2P platforms.
3) Accepted loan application are originated by a partner bank.
4) See Infographic for process

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1) Interest rates if very low, profits decline.
2) The bank rely on its customer base.
3) High operation & regulation charges
a. KYC
b. Credit History
c. Default Risks
4) Difficult for borrowers to get funding

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Internet platform bringing lenders and borrowers together. There is a hope for financial return on investments.

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When a third-party unrelated to lawsuit provides financial assistance to the plaintiff involved for a promised return from the lawsuit.

a. Helps to equalize the access to the legal system.
b. The capital provided takes care of attorney fees, witness fees and court expenses.
c. Helps to create working capital for companies involved in litigation

E.g., LexShares invites investments in legal claims.

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Asking people to pay in advance for later delivery

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1) Start-up Equity Crowdfunding
a. Investments
2) Good-Cause Crowdfunding
a. Donations
3) Pre-Order Crowdfunding
a. Credit Advance

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1) Humanitarian Causes
2) Small Entrepreneurs
3) Startups

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1) Classical Banking is expensive.
2) Crowdfunding require less manpower to manage.
3) Promoting your idea does marketing too.
4) Alternative method to raise capital.
5) Lot of platforms available for crowd-funding

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According to FCA 2013, Crowdfunding is a way in which people, organizations and businesses can raise money through online portals to finance their activities. Historically, the band Marillion in 1997 came with the idea of crowd-funding by asking 6000 fans to buy their album in advance.