2008 06 Friends Clear@Nyse Euronext

Loading...

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

1 comments

Comments 1 - 1 of 1 previous next Post a comment

  • + JeanChristopheCapelli Jean-Christophe Capelli 2 years ago
    Oups ! There’s a bug on our english baseline. Please read: 'Loans who work between family and friends' ... :)
Post a comment
Embed Video
Edit your comment Cancel

6 Favorites

2008 06 Friends Clear@Nyse Euronext - Presentation Transcript

  1. P2PLending - Social lending Is it really new ? Is it going to be big ? June 30th, 2008
    • " Gartner predicts that by 2010, social-banking platforms will have captured 10 per cent of the available worldwide market for retail lending and financial planning "
        • - Gartner , february 2008 –
        • Glossary :
        • Web 2.0 = Web with social media features
        • Social banking = banking with social media features
        • Social banking is sometimes called banking 2.0
        • Social lending = P2PLending (peer to peer)
  2. Social media is changing the Financial Industry
    • Social media is here to last
    fy 2007 rev : 550 M$ 115 M visitors/month
    • Social media: for everybody, for any purpose
    • Social media impact for the financial industry
      • New ways of information propagation (blogs, Wesabe or Mint websites) -> new marketing is required
      • New business models: social lending, social money, P2PVenture,…
    2007 rev : 150 M$ 50 M visitors/month
  3. Banking 2.0 landscape (as of June ’08) Banking 2.0 Social lending, P2PLending P2P Venture Social Money -Expenses tracking Personal Finance Management Marketplace + social media features (« eBay for money ») Marketplace / no social media feature (UK) P2P payments purchase (2007) Caisse d’Epargne (France) OTC (Over The Counter) Social media P2P : Peer to Peer (Lending) OTC : Over The Counter Mobile banking
  4.  
  5. P2PLending: OTC, Marketplace, w/ social media features (or not)
    • No marketplace, no social media features
        • Loans between family and friends: OTC
        • Valuable services helping folks "formalize" what are sometimes very informal loan agreements
          • CircleLending (now Virgin Money US ). Founded 2002
          • LoanBack
    • A marketplace with no social media features
        • Zopa GB (March 2005)
    • A marketplace WITH social media features
        • Prosper US (Feb 2006)
        • Zopa US
  6. P2PLending is the oldest " form factor " of credit
    • ROSCA (Rotating Savings and Credit Association)
      • Ekub (Ethiopia), Lun-Hui (China), Consorcio (Brazil), Tontine (France),…
    • Cooperative banking
      • Caisse d’Epargne (France): founded 1818
      • Caisse Desjardins (Canada): founded 1900
    • Credit Unions
    • Microcredit
      • Grameen bank: founded 1976-1883 (Muhammad Yunus, Nobel Peace Prize ’06)
      • Kiva: founded Feb-Oct 2005
  7. P2PLending: cut out the middleman How to mitigate risk? Bank takes risk Bank Bank Borrower Lender Personal relationship Friends & family loan (P2PLending OTC) Business Model Lender #2 P2PLending Marketpkace Borrower #3 Source > Deutsche Bank Research August 2006 OTC = Other the Counter Peer pressure and/or diversification + social media features (optional) Lender #1 Lender #3 Borrower #1 Borrower #2 1 loan = 1 lender + 1 borrower Borrower Lender
  8. Current figures
    • Loans originated by:
      • Prosper: 155 millions USD (within >2 years)
        • All Prosper stats are public, OpenSource !
          • http://www.prosper.com/lend/performance.aspx
      • Zopa UK: 40 millions USD (within 3 years)
        • Zopa GB data were not disclosed until ’08
    • How to compare?
      • French loan market (mortgages excluded): 75 billions euros originated each year…
    • " No brainer " (US VC’s verbatim)
      • It IS going to be big
        • A very strong product in a credit crunch market
        • A genuine product on true people
          • Not another subprime asset: " you know your borrower "
  9. US Forecast (Celent Study) US P2P loans market : 2007 : 600 millions USD 2010 : 5,8 billions USD
  10. The rise of a Global Industry P2P : Peer to Peer (Lending) OTC : Over The Counter Some local barriers to entry (banking regulation, lack of positive credit scoring,…)
  11. FriendsClear: French 1st P2PLending service
  12. Loans between family and friends who do work French launch: Summer ’08 Contact: Jean-Christophe Capelli, CEO Corporate Website: http://www.friendsclear.com Personal Blog: http://jeanchristophecapelli.com +33 (0)6 14 73 23 46

+ Jean-Christophe CapelliJean-Christophe Capelli, 2 years ago

custom

1933 views, 6 favs, 2 embeds more stats

FriendsClear's CEO introducing social lending to NY more

More info about this document

© All Rights Reserved

Go to text version

  • Total Views 1933
    • 1802 on SlideShare
    • 131 from embeds
  • Comments 1
  • Favorites 6
  • Downloads 0
Most viewed embeds
  • 78 views on http://www.jeanchristophecapelli.com
  • 53 views on http://capelli.typepad.fr

more

All embeds
  • 78 views on http://www.jeanchristophecapelli.com
  • 53 views on http://capelli.typepad.fr

less

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate. If needed, use the feedback form to let us know more details.

Cancel
File a copyright complaint
Having problems? Go to our helpdesk?

Categories