What does p2p mean?

Legal analysis: P2P is the abbreviation of English peer to peer, which means peer-to-peer networking. It is a private micro-lending model that gathers small amounts of funds and lends them to people who need funds, and it belongs to a kind of internet finance.

Legal Basis: Implementation Plan for Special Remediation of Network Microfinance Business Risks of Microfinance Companies Article 2 Network Microfinance refers to the microfinance provided to customers by Internet companies through their controlled microfinance companies, which has the characteristics of obtaining borrowers through the Internet platform, evaluating credit risks by using specific scene information such as customer operation and online consumption accumulated on the Internet platform, and completing the whole business process of loans online.