Project Description

    On turning your friends into reliable payday loan-giversBut businesses and retailers are not the only ones struggling to get loans. Wonga and other payday loan services have shown there is a demand for such services in the market, however with high rates and very little flexibility, they are generally to the disadvantage of the customer. Lendstar, from Germany, wants to come in and disrupt the current market. „Think of us as the social cousin of Wonga,“ exclaims Christopher Kampshoff. „We allow peer-to-peer lending between groups of friends.“ […]