Banking has been around for 700+ years, and is the third most profitable sector in the economy. Financial intermediaries usually rely heavily on physical assesses and people. Is there a leaner way to do this? Lending Club says yes. The market's view is mixed. Read ahead to explore this topic.
e-finance
Alibaba is disrupting a traditional Financial Services industry in China.
Alibaba’s financial service arm, called Ant Financial offers a range of financial services, such as payment, micro-loans, a digital bank, wealth management and others, disrupting traditional financial services industry in China.
Prosper Marketplace – 21st Century E-Peer-to-Peer and Institutional E-Lending
Prosper Marketplace is a modern peer-to-peer and e-institutional lending marketplace, efficiently matching borrower and lender supply and demand.