What ever you think of them, the new class of social lending platforms are spreading globally and arguably are taking off in their respective markets –
The leader is zopa who have around 140,000 members although they say they are officially still in Beta.
I just wonder why Paypal.com doesn’t move beyond its current business and launch their own, they already have authentication and non-repudiation and payments covered. Surely one or two of their 165million users would try it?
Now that would be taking the bull by the horns.