Concerns raised peer-to-peer investors do not understand the risk they take

stuff.co.nz

Would-be investors are being warned not to put too much faith in peer-to-peer lenders.

There are now four platforms operating in the New Zealand market: Harmoney, Squirrel Money, LendMe and Lending Crowd.

They operate by matching investors with money to lend with borrowers seeking loans, and taking a fee for the service.

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