Inside Web Technologies

New P2P Credit Platform with Big Hopes

New P2P Credit Platform with Big Hopes

With their project the Samwer brothers copy Lendico, the US lending club,company which provides loans from private lenders to private borrowers. The clone of Lendico occurs in competition to existing P2P credit platforms like Smava and Auxmoney and is therefore also not a “new way to credit”.

P2P is long been around in technology as well, but due to legal reasons big companies are careful to use it. For an interesting read check out Hostingmanual.

Business with P2P lending is very good in the United States: In June 2013, lending Club had provided loans with a volume of over $2 billion.

A team of 50 workers came together from other companies and banking institutions. They have built up the new Internet project in the past six months. Banks are also participating in the startup. The reestablishment of Lendico plans a rapid international expansion and would start in the coming months in several countries.

Lendico collect a service charge amounting to one percent of the repayment of the investors. In addition, borrowers pay a service fee of 0.50 to 4.50 percent of net loan.

For the credit rating they have created algorithms and agreed a cooperation with Schufa and Deutsche Post.

In addition, Zalando is active in Russia, Latin America, the Middle East, India, Southeast Asia and Australia. It is an incubator focused primarily on the sale of fashion, furniture and on E-commerce in General. The fashion shop is the largest holdings of Zalora, last year they collected $ 180 million, and the Amazon competitor Lazada recently collected $100 million. Both are active in Southeast Asia. Overall Rocket Internet is involved in more than 60 companies.

Web Hosting

Cher’s Web Hosting Starter Guide

Web hosting is the service that provides Internet users with a system to store information, images, video, or any content accessible via the web. A somewhat good analogy for that is “lodging, hotel accommodations or rooms” where one occupies a certain size of space. In the case of web hosting, it refers to the space taken by a web page, website, system, email or any files files etc.

The companies that provide space on a server to its clients are often referred to as web hosts. They don’t take part in developing. Unlike Wordpress Developer London, they just provide the infrastructure.

Web hosting although not necessarily a service, has become a lucrative business for Internet companies around the world. It can be defined as “a place for your website or emails,” though this definition simplifies a bit. In reality web hosting is actually space on the Internet for virtually any type of information, whether files, systems, emails , videos etc. A good example can be found here or just use Google.

More to come!