P2P Lending comes to Poland
We often hear about the US, UK and Australian offerrings, but Poland is operating too now.
Warsaw Business Journal Online – business in poland,warsaw,polish companies,companies database
Monetto.pl, a new “social lending” site, launched last month. Social lending – also known as peer-to-peer (P2P) lending – is a relatively new phenomenon on the Polish web. It involves taking loans not from a bank or other financial institution, but directly from another person through an online auction system.
“In Poland, the difference between interest rates for loans and those on bank deposits is so large that [this situation] presents a great opportunity for social lending services like Monetto.pl,” said Łukasz Banach, the president of Prender, the firm which operates Monetto.pl.
PS …. we note the news article has reversed the country locations of Zopa and Prosper.
I believe Italy is available at Zopa.it (run under a licensee rather than Zopa UK), Smava.de in Germany, and a bunch of others that Wiseclerk has covered at Wiseclerk.com
Interesting that the journal is available in English, I love international news.
BTW, might want to fix the link by removing the “amp;”s that show up, or just visit: http://tinyurl.com/2hy263 for the article
Dan
April 3, 2008 at 5:45 am
Thanks for stopping by Dan, and being our first comment. Thanks for the “amp’s” – the link is fixed.
We hope to bring a variety of information relative to the industry to the blog, and we will try to tailor it to what people would like to hear about.
Colin
Colin
April 3, 2008 at 6:22 am