finder money podcast #43: Peer-to-peer investing
This week we spoke to Daniel Foggo from RateSetter for a refresher on peer-to-peer loans with a focus on how peer-to-peer investing works. RateSetter is a peer-to-peer lender which helps to connect investors with borrowers. In the episode we covered:
- What peer-to-peer lending and investing is in nutshell
- Why RateSetter allows investors to access their loan book
- The returns for peer-to-peer investors
- Information about the average borrower and investor
- How open banking works
- Generational differences between Gen X and baby boomers vs millenials
- Where Daniel sees the future of peer-to-peer lending heading in the next 15 years
- Why there's such a discrepancy in rates between peer-to-peer lending and investing and regular institutions
Also in the episode Adam, Marc and Liz talk about superannuation fees, falling Sydney house prices, Salim Mehajer's new business and much more.
Listen or download the episode below
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Notes and links mentioned in the podcast
- Sydney house prices fall for September, Melbourne and Hobart still growing
- Millennials are losing over $300,000 in super fees
- The Stockspot 2017 Fat Cats Fund Report
- Spaceship has announced a new investment option and have lowered fees
- 70% of Americans don't think Robots will take over their jobs
- Salim Mehajer starts wedding planning business
- Monarch employees have to pay to find out they lost their jobs
Notes from our chat with Daniel Foggo
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