Rise and fall of China's largely unregulated P2P lending startups is another cautionary tale. Over 5000 companies existed at its peak a year or two ago. And man

Rise and fall of China's largely unregulated P2P lending startups is another cautionary tale. Over 5000 companies existed at its peak a year or two ago. And many have collapsed leaving investors protesting in the streets. Scoring risk and determining borrowing rate at scale could see tremendous efficiencies once a lot of data is obtained. Square Capital, for example, simply uses a fixed rate around 10% against sales that is automatically deducted from daily tills. But for micro-transactions, I don't see why 4-5% can't be achievable. If the global rate of repayment skews much higher. https://technode.com/2018/08/02/the-rise-and-fall-of-chinas-online-p2p-lending/ https://technode.com/2018/08/02/the-rise-and-fall-of-chinas-...