35+ Social Lending Platforms Around the World I’ll be giving a presentation on ‘the future of money’ in a few months, and am trying to wrap my head around all the emerging disruptive tools and services that are shaking up the financial industry. I plan to do a few posts covering these areas, and hope we can have some interesting discussion about what it means and where we’re going. In the meantime, here’s a general resource of social lending platforms/marketplaces across the globe. If you’re aware of any I’ve missed, please let me know! Thanks. Social Lending Social Lending, or peer-to-peer lending, essentially brings individuals together to lend and borrow money directly from each other, cutting out the middle man (the bank). 1. Twitter: @auxmoney Facebook: auxmoney-GmbH Location: Germany 2. Location: Italy 3. Facebook: Cashare Twitter: @cashare Location: Switzerland 4. Twitter: @communitylend Location: Canada 5. Twitter: @Comunitae Location: Spain 6. Location: India 7. Location: Korea 8. Location: Brazil 9. 10. Location: Finland 11. 12.
Here Comes the P2P Economy - The Conversation - Harvard Business by Stan Stalnaker | 9:24 AM February 26, 2008 Peer-to-peer, or P2P, networks have thrown the media industry into turmoil, changing the flow of information from a one-to-many model (with newspaper publishers, Hollywood studios, and big music companies as the sources) to a many-to-many model (with blogs, YouTube, and file-sharing forums as the venues). The ability of individuals to both consume and create content–news, movies, and music–greatly threatens traditional players. Witness the struggles of established U.S. newspaper publishers–the share prices of the four largest have fallen between 10% and 50% during the generally rising market of the past three years–because of challenges from new media and advertising models, including P2P schemes. A shock like the one that jolted the media is poised to strike other industries, perhaps more disruptively. Indeed, P2P financial systems are set to reprise in the banking industry what has happened in media.
Prosper raising $13.3 – $15.8M round for peer-to-peer lending ma Peer-to-peer lending marketProsper is in the midst of raising a $13.3 – $15.8 million fourth round of funding, the company announced today. The company’s lending market currently has nearly a million members, and so far, those members have funded 32,000 loans totaling more than $193 million. The company said it has signed a letter of intent with new and existing investors to raise the round, which is expected to close by April 15. To date, the San Francisco-based company has raised $43 million. Prosper announced in November that it had raised $1 million in a third round. Competitor Lending Club raised $12 million in March, 2009, and has raised more than $22 million in all.
FriendsClear.com - Interview with Jean-Christop I invite you to watch the video I shot last week in Paris with Jean-Christophe Capelli. I met JC for the first time in NYC, the day before the very first Finovate event back in 2007. Time flies... I will be following FriendsClear closely as there is more to come from the French startup in 2010: the company is recruiting, they will increase the number of partnerships and lead referrals, they plan to launch applications on Facebook, they are thinking of organizing more frequent competitions for entrepreneurs... I am curious to see how the relationship with Credit Agricole will develop, and if, or how, the other leading French banks will respond. Contest - mon projet pro
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