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Borrowing, lending, welcome to social banking

Wilbert Baan on May 5, 2007 at 9:17 pm, comment
Topics: On the Web

The BBC has an article about Zopa, a community banking website. While banks are busy suing each other Zopa is rethinking the lending business. You can borrow your money against an interesting rate and you can lend against an interesting rate. Cut out the middlemen and everyone wins, this is banking 2.0.

Update: Wired has an article about microlending

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