Lightspeed bets on financial disruption
Regulation is the primary concern for PE and VC firms considering investments in China’s peer-to-peer (P2P) lending industry. The market opportunity has never really been in doubt. Online P2P lending platforms are a bridge between individual lenders and small-scale start-ups; they can fill the funding gap left by banks that prefer to lend to larger enterprises.
The government's concern is that P2P lenders are behaving like banks but aren't regulated, which may lead to consumers getting hurt. According to market research firm Reportstack, 71 of the at least 800...
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