The notorious Berlin-based incubator launched a peer-to-peer lending platform called Lendico which connects borrowers with lenders, along the lines of LendingClub, Prosper, and Zopa.
Funding Circle connects small businesses with investors who fund their loans, so they don’t have to go through banks. Lenders benefit by earning higher rates than their money might get elsewhere.
A venture capitalist once told me that investing in a startup is like a marriage and that you have to fall in love with the startup team as much as the product.
Prosper powers a peer-to-peer marketplace that connects people who need to borrow money with people who can lend it to them. This brings its total capital raised to nearly $120 million.