Peer - to - peer platform Flender has opened for business . The company , which launched in Dublin , claims to be the first bank in the UK and Ireland to create a formal lending market between family and friends , with businesses able to fundraise through existing customers and their networks . Flender offers crowdfunding from € 20,000 to € 100,000 , making it attractive to small and medium - sized businesses , such as cafes and professional banking firms .
Peer-to-peer platform Flender has opened for business. The company, which launched in Dublin, claims to be the first platform in the UK and Ireland to create a formal lending market between family and friends, with businesses able to fundraise through existing customers and their networks. Flender offers crowdfunding from €20,000 to €100,000, making it appealing to small and medium-sized businesses, such as cafes and professional services firms.