Social lending in Australia - Will it become an alternative to a bank? |
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| Posted By LendingHub on October 7, 2007 5 Comments » Filed under: Banking Industry, Lending Hub News, Peer to Peer and Social Lending, Technology and Loan Processing |
As Lending Hub is preparing to launch soon (you can take a peek at lendinghub.com.au) , my first postwill be about the social lending phenomenon and whether it is likely to take off in Australia. The big four banks (CBA, NAB, Westpac and ANZ) hold large market shares in the prime borrower market and are [...]
