The Peer to Peer lending (P2P) market is increasingly going mainstream, as Larry Fink’s $4.5 trillion BlackRock Inc., the world’s largest asset manager, announces an investment in a sector that in 2014 banking analyst Dick Bove previously warned to avoid. BlackRock, founded on risk management principles, likes investing in Peer to Peer lending platforms, not clear if they like investments found on platforms BlackRock is a company founded in 1988 on the principle of providing institutional investors asset management services with risk management in mind. It is for this reason that the firm’s entry into what was at one point…
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