“Peer-to-peer” (P2P) financial platforms cover solutions that enable individuals to circumvent legacy financial institutions in making fund transfers, payments, and investments. The space includes 1) P2P fund transfers (focusing mainly on cross-border payments), 2) P2P lending, which acts as the connecting party between borrowers (both personal and commercial) and retail investors looking for unconventional debt investments, and 3) P2P investing (focus on equity crowdfunding platforms).
*Note: Currently, we do not actively cover this industry, but we have identified it as a potential industry to add to our coverage.
Wise provides solutions for sending and managing money cost-effectively. The company enables users to send money easily and more affordably than via banks, spend overseas without hidden costs, receive payments in foreign currencies, and convert and hold over 50 currencies in Wise accounts. It also offers solutions for businesses with international business accounts that have services like easy payments for international invoices, fast international transfers, batch payments, and smart workforce collaborations. The company is headquartered in the UK with operations in 24 countries around the world, including the US.
P2P Fund transfer:
No investor data is available