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 500,000100,000, making it appealing to small and medium-sized businesses, such as cafes and professional services 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.