Circle One to launch

October 29, 2005 · 0 comments

BenchMark will launch CircleOne this weekend.

CircleOne is a consumer loan platform through which people can borrow money by setting their own interest rates, like an eBay for personal loans. CircleOne’s founding principle is that people from close communities act more responsibly towards each other. CircleOne leverages this powerful concept of group responsibility and applies it to person-to-person lending.

a service comparable to Zopa.