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Wednesday, August 10, 2005

Zopa: P2P eBay-like free banking

Zopa is an online free banking site, that allows lenders and borrowers to meet.

Zopa though lets people who have spare money to lend it directly to people, like them, who want to borrow it. No bank in the middle, no huge overheads, no unethical investments.

Amazing. Isn't it?

Check also this article in The Register.

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