What does p2p company mean?

P2P companies refer to person-to-person (partner-to-partner) companies. Also called Peer-to-Peer peer-to-peer lending Platform, it is a platform for gathering small amounts of money to lend to people in need.

P2P is a product of Internet finance (ITFIN). It belongs to private microfinance, an online credit platform built with the help of Internet and mobile Internet technology, and related financial management behaviors and services.

Since 20 18, P2P broke out frequently, and the scale of P2P default in Shanghai alone exceeded 200 billion.