Not so long ago, I have given my simple review on one of the biggest and fastest-growing P2P lending firms in Singapore, Funding Societies. (You can view it here.) And if you had managed to read till the end of that said post, you would have known that my take on the P2P industry is less positive when I advise potential and ongoing P2P investors to consider their options clearly and rationally. This clear-headedness for P2P investing should be necessary as a result of what the P2P business has caused chinese investors. “A dramatic case of a single mother losing her late husband’s insurance payout, amounting to a shocking 3.8 million RMB, shows us the importance of not overweighting on alternative investments. A few thousands P2P companies in China have defaulted since.” What can we learn from China P2P lending? Individual lenders underestimated risks and overestimated returns If anything, it...