It is with some pride that I can finally go live with an announcement about CommunityLend in Canada, and that we will be launching the service in early 2008. [disclosure: I am on the mangement team]
More at StartupNorth.ca. 2007 was a long year, as we raised our funding, and organised the management team. We are well on the way now, and looking forward to bringing you more milestones over the next while. We will launch the blog towards the end of January 08, and thats where I will take the discussion on social lending.
What is CommunityLend? CommunityLend is exactly what it sounds like. An online community where people can lend money directly to other people in a safe and secure way. It is an exciting and unique lending service for Canadians that will revolutionize the way lending works in Canada.
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Congratulations Colin!
Will CommunityLend be based only in Canada?
Or will it go global?
Is it possible take the concept global, by using the backend you have created?
Nishad
This is such great news! I can’t wait to discuss it more…
Nishad … social lending is very country specific because of the regulations, so yes Canada only, for now…
@William … thanks!!!
Colin,
congratulions on raising the funding!
Congrats you guys, this is huge. I have no doubt you are going to kick butt. I can’t wait to try it out when the time comes.
Congrats!
Thanks everyone!
Congratulations on finally clearing the hurdle, Colin.
Good for you, looks like you’ll be the first on the block to provide the service.
I’ll have my (small amount of) money ready for the day the doors open 🙂