Are you wondering how to create a money lending mobile app?
We have got you covered. In this article, we are going to discuss all the details regarding the development of market-competitive money lending mobile apps.
According to a Statista research report, the global market for peer-to-peer money lending will reach a value of almost 1 trillion USD by 2025. The number of people in the US using peer-to-peer payments has been continuously increasing over the years.
So, the question of how to create a money lending mobile app is a valid one for startup owners and investors. Let’s dive into the details of creating a mobile application for such a lucrative market.
Why Create a Money Lending Mobile App?
Like a lot of other fintech services, the money lending process has also been digitized via mobile apps, etc. The advancement in technologies like Artificial Intelligence, IoT, and blockchain have also made the process of giving and receiving loans very straightforward.
Now, …