Tanya Lake
One of the most attractive investment opportunities in the years ahead could be non-bank lending in its various guises, including technology-enabled peer-to-peer (P2P) lenders.
As regulators sensibly shrink excess leverage and risk-taking in the banking sector, they will inevitably open the door to heightened competition from unregulated rivals.
Non-banks have competitive advantages and disadvantages vis-a-vis licensed deposit-takers. With minimal compliance burdens…
Read the full article at: http://www.afr.com/personal-finance/rise-of-the-nonbanks-will-generate-competition-20160331-gnusgz