How to Lend Money to Strangers

P2P Lending is Not Dead, with Mukesh Bubna (Monexo)


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I feel a strange affinity with peer to peer lending. I've never done it myself as a lender, borrower or connector but one of the first projects I ever did in my MBA, some 16 years ago now, was on Zopa and the emergence of the P2P model. But more recently, the headlines have been bearish, with Zopa and Funding Circle - two pillars of the form - both shutting down their retail P2P arms.


As a lending model, P2P felt all but dead.


Except that, as the tide pulled back, one or two gems were still lying on the beach: like Monexo, the Chennai-based P2P whose founder and CEO, Mukesh Bubna, joined me for this chat. Mukesh and his team have turned P2P into an alternative inflation-beating investment option for investors, and an affordable path to credit-building for borrowers.


You can read more about Monexo at https://www.monexo.co/in/ (and watch some of those videos Mukesh mentioned while you’re there)


Finally, if it is me you're after, you can find me on my LinkedIn page (feel free to connect), my action-adventure novels on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is at https://confirmu.com/ as well as on episode 24 of this very show https://www.howtolendmoneytostrangers.show/episodes/episode-24


If you have any feedback or questions, if you would like to participate in the show, or if you'd like to find full written transcripts with timestamps head on over to HowtoLendMoneytoStrangers.Show


Regards,

Brendan

Hosted on Acast. See acast.com/privacy for more information.

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How to Lend Money to StrangersBy Brendan le Grange

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