Fundaztic is one of the most prominent P2P lending platforms, which is now offering amazing features like end-to-end automation for the borrower-lender transaction cycle. It starts with document verification of registration, report generation to transaction matching, credit analyses and much more.

The entire process is based on an algorithm, which is developed in artificial intelligence, will now review the borrower's worthiness regarding the credit. In an instant, the up gradation in the new platform called P2P lending process will genuinely accomplish a major target as well as will prepare them for the secure payment, digital signature, and other automation work.

By doing this, the 100% automation can be measured in the lending process by using the right kind of technology for various purposes such as payment automation, digital signature usage, borrower identification and much more. Fundaztic’s only intention is to help you in handling any problems you are recently dealing with regarding the personal loans.

The organization almost supports everything, such as starting from depositing complicated credit cards to managing a vacation for the family. Furthermore, family function, as well as home renovations, medical emergency, and purchase of car or bikes, are also included in the peer-to-peer loan offers. The user just needs to choose their purpose of seeking the loans make the deal done, and money directly goes into your hand.

Due to lower costs of operation in the banking institutions has driven the P2P lending process. Moreover, due to the rise in the demand of technology and the internet in the global markets, borrowers seek to get the funds from the peer-to-peer lending methods as it offers flexibility, promotes smooth access and gives quick updates regarding the changes in the market.

As per the reports, which was published by the Transparency Market Research, declares that the P2P lending market was worth US$26.16 billion in the year 2015. It was raised to an unpredictable amount in the very next year, and the market valuation will be skyrocketing in the upcoming years, near about US$897.85 billion at the end of 2024. There is a significant growth in the CAGR of 48.2% in between these years, 2016 to 2024.

The demand for the P2P lending marking process is coming into the limelight just because of the growing advancements in the technology, which ultimately encourage the potential customers to think out of the box and to make quick decisions as well. Furthermore, the low cost of the existing operations also helps the process to a great extent and supports its growth as compared to the growth rates of the various conventional money-lending markets or institutions.

Moreover, due to the rise in the population and demand of the young souls, the idea of P2P lending approaches is also propelling the global market as the majority of the students are nowadays seeking loans at a lower interest rate, better than the traditional money lenders. However, there are risks associated with the investors such as losing the money due to some defaults in the payment is likely to be more in this case.

[b]Easy access to money makes P2P lending a known choice[/b]

Gone are those days, when customers were waiting in the queue for their loans. Previously, banks were giving away the loans based on specific categories and mostly take two months to do so. In today's world, nothing is impossible. Similarly, the P2P lending market has maintained their growth and regarded as a popular choice among the youngsters.

The long-drawn process of getting the loans has already been paved away, and the new concept called peer-to-peer marketing comes into the limelight. P2P lending market helps the customer to get the funds in more than one way. This single approach has the power to lure the small businesses towards this idea and to opt for peer-to-peer systems of lending and borrowing.

Due to the strict and regulatory framework, hefty overheads, and complicated structure have made the small business owners start-up leads and entrepreneurs towards the P2P lending market. As the new businesses and ideas are emerging into the market, they are some possibilities like the P2P market will have a better future in the upcoming days.

[b]Small business will have leading growth in the P2P lending market[/b]

As per the reports in the year 2015, North America has significantly held a major position in the peer-to-peer market that accounts for more than 43%, which were shared in the overall marketplace. An increase in the dependency of the online platforms, reducing interest in the field of the conventional market as well as due to the poor history of the financial crises has forced the regions to promote the ideas of the P2P lending market to lead the society and to make better financial decisions.

Meanwhile, Asia Pacific has been recorded with rapid progress in the P2P lending processes. Furthermore, emerging economy of Japan, China, and India will also fall in the trend and will make a significant contribution to driving the small businesses towards the P2P lending market for better fund projects.