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ARTICLE · 23 JUNE 2015

Lending's New Horizons

Camilleri Preziosi
Camilleri Preziosi
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The press recently reported (extensively) Jamie Dimon's - CEO of JPM Morgan Chase - warning to shareholders that tech based start ups are targeting the working methods and hegemony of the traditional banking model.

MaltaFinance and Banking
Andrei Vella
Andrei Vella
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The press recently reported (extensively) Jamie Dimon's - CEO of JPM Morgan Chase - warning to shareholders that tech based start ups are targeting the working methods and hegemony of the traditional banking model. An article in the Economist reported that fintech companies attracted $4billion of investment in 2013, which increased to $12billion in 2014. In May this year, the Maltese press reported that Maltese promoters raised over €318,000 through Kickstarter, a fintech platform.

Is this the Holy Grail?

Not all P2P lenders operate in the same way - a prevailing fintech model however is providing a digital platform which matches lenders' need to invest in loan receivables and borrowers' need for obtaining funding for their respective purposes. At a glance, peer-to-peer lending (a plethora of other names have been used - crowd funding and social lending being just two) presents a win-win situation for all stakeholders (other than credit institutions, maybe). One of

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