« Social and Environmental Technologies Inventors Challenge |
Main
| Co-authored paper on Self-guarantee in peer-to-peer currencies »
Zopa - peer to peer banking
March 13, 2005
I just came across an interesting new banking institution called Zopa.
Zopa matches borrowers and lenders for direct lending between them. It charges 1% flat fee on the loan, and provides the credit protection / debt collection etc services.
Given the lack of innovation and inefficiencies in the banking sector it wouldn't surprise me to see this take off.
Currently its for UK residents only.
Posted by mitra at March 13, 2005 9:20 AM
Trackback Pings
TrackBack URL for this entry:
http://www.mitra.biz/mt/mt-tb.fcgi/392