November 27, 2017 BY Valentina Kirilova
New Zealand's FMA publishes first peer-to-peer and crowdfunding statistical returns
The Financial Markets Authority (FMA) has just published its first statistical report on peer-to-peer lending and crowdfunding in New Zealand. The data shows $259.9 million is currently loaned to individuals and $29.5 million loaned to businesses through peer-to-peer lending in the year ending 30 June 2017. A total of $74.2 million was raised from investors…
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