Article: The rise of peer-to-peer lending

Money, Open Governance, Open Source

The rise of peer-to-peer lending

Peer-to-peer lending is a relatively new concept in Ireland but in just a few years it’s expanding to provide finance to thousands of Irish SMEs worth millions in the process.

While it might not be a direct threat to banks (yet), the fact that, internationally, Goldman Sachs are due to launch their own peer-to-peer lending operation points to how seriously traditional banking operations now consider the model.

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