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Sean Gallup/Getty ImagesAlibaba helped kickstart internet finance in China with a money market fund.buy email mailing list Founder Jack Ma is pictured.All eyes have been on Shanghai's stock market this week after the "Black Monday" meltdown, but there's another market in China that's worth watching - peer-to-peer lending.

Pee-to-peer (P2P) - where ordinary consumers cut out banks and lend directly to each other over online platforms - has exploded in popularity over the last few years in China, with an estimated 2,000 P2P platforms across the country.

But the growth has been largely unchecked and shady practices and mismanagement are rife at the lower end of the market.
According to one estimate, as many as 90 platforms are at risk of going bust each month.
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