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Wireless

Giffgaff enters P2P personal finance market

Wednesday 22 April 2015 | 19:16 CET | News
UK MVNO Giffgaff and existing partner RateSetter have launched Giffgaff Money, a P2P lending service offering personal loans. The MVNO said it wants to apply its principles of fairness and transparency to the personal finance market. RateSetter has been in business since 2010 and is the UK's biggest P2P lending service. It works on the principle that people with money to invest can loan it to other individuals at better rates than going through the banks. Giffgaff has already been working with RateSetter on its phone repayment plans. 

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Categories: Mobile & Wireless
Companies: GiffGaff
Countries: United Kingdom
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