A new peer-to-peer lending service is gearing up to launch in Australia and New Zealand.
PeerMint founder Scott Rigby told Online Banking Review the group plans to launch locally in November, with Rigby's twin brother managing the Canadian arm of the business based in Vancouver.
Rigby says of the three markets the group is looking at Australia is by far the most highly regulated, with compliance with local legislation being one of the biggest stumbling blocks standing in the way of a local peer-to-peer service similar to that of Zopa and Prosper.
The founders have a background in payment systems technology.
Meanwhile, if you're monitoring developments in the peer-to-peer lending space, Social Lending Watch is worth a visit. It's the only site I've seen dedicated to tracking social lending activity.
Tuesday, September 04, 2007
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1 comments:
Thanks for mentioning Social Lending Watch! We look forward to continuing to chronicle the exciting developments occurring in the Social Lending space globally! - Team SLW
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