Crowdfunding: peer-to-peer lending– a fad or the future?
Much has been written over the years about the increasing disintermediation of the...
Peer-to-peer lending – a fad or the future? Something quite remarkable is going on in the world of finance; it is the disintermediation of traditional financial services providers. The internet is revolutionising the way in which consumers access traditional financial services. Crowdfunding is one such area where the middle man (the bank) is being replaced by internet based models. Put simply, crowdfunding is about matching those who need to borrow money with those who have it and are seeking a return for its…