Banks to loose 10% market share to social lending by 2010?
Consultancy Gartner predicts that: "By 2010, social-banking platforms will have captured 10% of the available market for retail lending and financial planning". Not surprisingly Zopa is happy about that forecast. I think this is an over-optimistic outlook but James Gardner of BankerVision (working at Lloyds TSB bank) who also thinks it is aggressive points to the example of Paypal, which has been underestimated years ago. A more supportive view comes from Antony Mayfield while taking Zopa as example.
Tags: antony mayfield, banks, competition, james gardner, market share, p2p lending, retail lending, social banking, Zopa
September 9th, 2008 at 1:14 am
[...] El 10% del los prestamos en 2010 lo realizarán aplicaciones P2P [...]