LendingRobot
#LendingRobot making #Prosper, #LendingClub, #FundingCircle, #LendingHome Easy Peasy. An interview with Stephen Zentner, LendingRobot's Product Manager.
Peer-to-Peer lending is the novel application of technology to one of the most ancient of professions: lending.
The premise of lending is simple: people with excess capital lend money to borrowers who need capital. In return, the borrower promises to repay the debt obligation plus interest at a future date. But there is a lot of risk in lending money: any single borrower has the possibility of…
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