While in the past
web-enabled innovation in the sector meant online banking and web-access to
front-end customer services, there is today a growing set of organisations which
remove banks and other institutions as intermediaries altogether. Welcome to the world of peer-to-peer finance.
Following NESTA's publication last month's of Attacking the Recession, Christian Alhert at Open Business and I are convening this event to explore the trends,
opportunities and risks that these new web-enabled approaches provide.
webank is on Wednesday 21st January at NESTA HQ and will be an unique opportunity to meet the companies pioneering in
this area, explore their business models and debate the opportunities and
issues this area faces. The innovative companies presenting on the night will include Zopa, Kubera Money and Midpoint with debate speakers including Giles Andrews (MD, Zopa UK), James
Gardner (Bankervision) and Umair Haque (Havas Media Lab).