India’s Demonetization Continues to Support Increased Investment in Alternative Finance Lenders

India’s demonetization of the Rs 500 ($7.32) and Rs 1,000 ($14.65) continues to help online alternative finance lenders; uncertain investors are increasingly utilizing alternative finance platforms as a safer investment over gold, real estate and the stock market; invoice financing platform KredX has reported investment increases of 400% to 500%; with less of a cash focused society, P2P lenders Capital Float, Faircent, i-lend and AnyTimeLoan.in have also reported significantly higher platform investments.  Source

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