Collective Loan Network

The internet is a wonderful catalyst for busting apart black boxes that mediate experience, knowledge, or commerce. My co-worker Sippey, points to Zopa, a UK exchange network which hooks up lenders to borrowers and, because there’s no middleman, takes only 1% as a fee. Their approach is fresh and they’ve got a few ideas on how to spread the risk of the lenders that fund the network.


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