Tuesday, October 30, 2007

How Will eBay Affect Peer to Peer Lending?


Development Through Enterprise

Microcapital reports (via Auctionbytes) that eBay has moved into the peer-to-peer lending space with the purchase of MicroPlace. This is significant because eBay is far from the first to enter this space - which is currently dominated by Kiva, Zopa, and Prosper.

How will a big company like eBay succeed in the nascent world of P2P lending? Will this affect the way Kiva or Propser works?

See full Article.