CommunityLend blog

Starting the conversation about P2P Lending in Canada

CommunityLend and the Portfolio Plus solution from SIT

with 2 comments

We needed a technology solution that allowed the marriage of a loan management system with a modern web application. The result was an integration of our Ruby on Rails application with the industry strength Portfolio Plus application from Strategic Information Technology, and the early results indicate we made the right decision.

CommunityLend Goes Live with Peer to Peer (P2P) Lending

“We know its been a lot of work to pioneer this type of lending in Canada and we’d like to congratulate CommunityLend for enduring the numerous regulatory hurdles to make this happen,” said G. Robert Leeming, President of SIT. “We’re also proud that they’re the first customer to employ our Open Banking Interface in a production environment.”

Written by Colin Henderson

January 15, 2010 at 12:24 pm

2 Responses

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  1. This is great news, but when will Community Lend be available in other provinces such as Alberta?

    Vlad

    January 20, 2010 at 3:04 am

  2. We are or will be working with different other jurisdictions, so expect to see additional provinces coming soon.

    Colin Henderson

    January 20, 2010 at 2:08 pm


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