Peer-to-peer (P2P) lenders emerged prior to the 2008 global financial crisis and focused predominately on inter-bank lending.

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Peer-to-peer (P2P) lending platforms emerged in the mid-2000s and focused on connecting individual borrowers with lenders, rather than inter-bank lending. While some P2P platforms may have facilitated inter-bank lending, this was not their main focus.

Peer-To-Peer (P2P) Lenders Emerged Prior to the 2008 Global Financial