New Zealand - based crowdfunding site , PledgeMe , has applied for a license from the Financial Markets Authority to offer peer - to - peer ( P2P ) lending . “ P2P , or debt crowdfunding , is another way for Kiwis to fund the things they care about , ” PledgeMe CEO Anna Guenther said . “ PledgeMe ’s debt crowdfunding platform will allow organisations — from companies to co - ops — to reach out to their crowds so they can fund bigger and better campaigns . An organisation ’s crowd will be able to lend it money and the organisation will pay their crowd back with interest . It is a really simple way PledgeMe can further democratise what gets funded in New Zealand and offer an alternative to banks and selling shares . ”
New Zealand-based crowdfunding site, PledgeMe, has applied for a license from the Financial Markets Authority to offer peer-to-peer (P2P) lending. “P2P, or debt crowdfunding, is another way for Kiwis to fund the things they care about,” PledgeMe CEO Anna Guenther said. “PledgeMe’s debt crowdfunding platform will allow organisations — from companies to co-ops — to reach out to their crowds so they can fund bigger and better campaigns. An organisation’s crowd will be able to lend it money and the organisation will pay their crowd back with interest. It is a really simple way PledgeMe can further democratise what gets funded in New Zealand and offer an alternative to banks and selling shares.”