Dubai-based company, Beehive, launched the first peer-to-peer lending platform in the area on November 2, 2014. Beehive aims to offer a new transparent option for businesses and investors while helping to reduce the funding gap that exists between larger companies and small to medium enterprises (SMEs).
Peer to peer lending is a Kickstarter alternative. Kickstarter is referred to as a rewards-based crowdfunding site. Peer to peer lending is in the debt crowdfunding sector.
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