The Future of Finance

03 March, 2015

Consumer lending is likely to continue witnessing disruption within its market. The benefits of a lesser regulatory burden, lower capital requirements and a more efficient and effective cost structure drive advantages for peer-to-peer lending companies over their traditional banking counterparts.

Of the then $843 billion dollars in consumer loans outstanding, over 25% was at risk to move to new, more efficient, and consumer-friendly players in the long run, with Monexo being part of that subset. Proof of this is directly seen as several banks attempt to add to their business model, aiming at developing peer-to-peer systems like those used at Prosper, Zopa, Lending Club and Monexo.

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Author: Ryan Nash & Eric Beardsley– Goldman Sachs