First Steps with Peer-to-Peer Lending


Part 2 of the Open Source Finance series

Ulrich Atz and the TEAM · @ukoditech

Linda is 31 years old, single, outspoken, and very bright. She majored in philosophy. As a student, she was deeply concerned with issues of discrimination and social justice, and also participated in anti-nuclear demonstrations.


Which is more probable?

  • Linda is a banker.
  • Linda is a banker and is active in the feminist movement.


Tversky, A. and Kahneman, D. (1982) "Judgments of and by representativeness". In D. Kahneman, P. Slovic & A. Tversky (Eds.), Judgment under uncertainty: Heuristics and biases. Cambridge, UK: Cambridge University Press

Outline


  1. What is P2P lending?
  2. Show me the Money!
  3. Open data in finance?

What is peer-to-peer lending ... not?

Crowdfunding

Other P2P

Banks

Syndicated loans

Zopa

The UK P2P market

P2P Money. Data based on information available on 8th October 2013.

Lenders Recipients
growth of lenders growth of recipients

Show me the Money

All open data is good, but some are better.

Remember Linda, 31, bright, activist…?

Which is more probable?

  • Linda is a banker.
  • Linda is a banker and is active in the feminist movement.

Modern Fortress

How can banks benefit?

How can regulators benefit?

How can everyone benefit?

Questions?


ODI

Ulrich Atz · Open Data Institute

@statshero · ulrich@theodi.org

Stuart Harrison Sam Pikesley James Smith Jeni Tennison

Open Data Institute Tech Team
@ukoditech
info@theodi.org
irc.freenode.net #theodi

ODI

http://theodi.github.io/presentations

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