WeFinance Offers a Crowdfunded Alternative to Student Loans and More
The new peer-to-peer lending platform operates something like a Kickstarter for personal loans in $10,000-$20,000 range.
By TechCrunch.com|April 09, 2015 at 07:09 PM
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WeFinance, launching today, is the latest startup to use a combination of technology and crowdfunding in order to offer borrowers lower interest rates on loans, while reducing lenders’ risk. The new peer-to-peer lending platform operates something like a Kickstarter for personal loans – largely those in the range of $10,000 to $20,000, and many of which are being used to help borrowers fund their educational expenses, including tuitions, bootcamps, financial support during unpaid internships, and more.
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