Loanio is an auction based, peer lending platform where individuals can borrow or lend money to each other. By cutting out ‘traditional lenders,’ and adding an auction based element, borrowers can get lower rates and lenders can get higher returns than other banking options.

Although, we use the term “lenders” on the website, all loans are originated by Loanio and then sold to website lenders who are legally considered the loan purchasers.

People

Competitors

Lendesk: Lendesk is an online marketplace for micro loan lending in Indian states. The concept is to… See Company Profile »
Pertuity: Pertuity Direct is a financial services company bringing the next generation of social lending to the… See Company Profile »
Lending Club: Lending Club is an online financial community that brings together creditworthy borrowers and savvy investors so… See Company Profile »
Prosper: Prosper is a people-to-people lending marketplace that attempts to make consumer lending more financially and socially… See Company Profile »

View more details about this company's competitors