From June 5438 to October 2005, Kiva, the first public P2P platform in the United States, was launched to help individuals issue loans to entrepreneurs in developing countries. It was not until Prosper opened in February 2006 that the first profitable P2P platform was established in the United States.

The most intuitive way to understand a country's P2P business is to start with classification. In order to better understand the characteristics of P2P platforms in the United States, most platforms in the United States can be divided into four categories according to their core loan business types: personal consumption credit platform, SME loan platform, student loan platform and real estate loan platform.

The P2P business in the United States originally started from the personal credit card repayment business. Simply put, credit card debtors borrow money from lenders through P2P platforms. Because the borrower's credit is high (P2P platform generally requires FICO score above 600) and the interest rate is lower than the bank's high interest penalty, it is a win-win situation for the lender to obtain the investment target with low risk and medium income.

In the United States, the future of P2P loans looks bright.