Can Grouplend convince Canadians to borrow cash online?

Can Grouplend convince Canadians to borrow cash online?

Grouplend CEO Kevin Sandhu

Vancouver startup Grouplend brings peer-to-peer financing to Canada, finally, but can it work right here?

Expedia changed the real way we guide routes; Airbnb, accommodations. Couple of industries went unscathed in the Internet age, as startup after startup has struck fear into decades-old institutions by permitting individuals to share cars, trade with strangers and rent spaces minus the middlemen. One industry that’s stayed reasonably unaffected, however—at minimum in Canada—is banking.

A Vancouver business, Grouplend, would like to change that. Launched last autumn by 31-year-old previous investment banking analyst Kevin Sandhu, Grouplend is modelling it self after U.S. Continue reading Can Grouplend convince Canadians to borrow cash online?