The new website booberwatch.nl offers p2p lending stats for the Dutch p2p lending service boober.nl (as wiseclerk.com does for prosper.com stats). While the site is in Dutch language, it has many charts and tables that can be understood without speaking Dutch. The main page shows the fluctation of average interest for each credit grade over time. According to booberwatch 536207 Euros have been loaned so far.
boober.nl
Boober to expand p2p lending into Germany and Belgium?
Springwise reports that Boober.nl has plans to expand its p2p lending service into the German and Belgian markets. In job ads Boober recently searched country directors for Germany, France and Spain and said it is already working on roll out in Belgium.
Boober.nl offers P2P lending in the Netherlands
I just became aware of Boober.nl a new service that brings the concept of peer-to-peer lending to the Netherlands. As far as I am aware of this is the third market (after Zopa in UK and Prosper in US) where p2p credits over the internet are possible.
Since you probably do not read Dutch (the boober website does not have an english translation) – here is a short summary of the service:
- Boober takes a fee of 1% (0.5% from lender, 0.5% from borrower) plus 19.95 Euro fee from borrower for creditrating plus annual fee of 9.95 Euro from lender
- Loans are possible for amounts from 1500 to 10000 Euros (approx 13000 US$)
- Lenders can invest from as little as 5 Euro to a maximum of 250 Euro in an individual listing
- Available terms are 6, 12, 18, 24, 30, 36, 48 and 60 months
- Interest rates go up to 15%
- As of today, there are 2 dozen open listings
Boober has more similiarities with Prosper than with Zopa since lenders can pick individual loans.The information available on borrowers listings is very limited but it has to be taken into account that boober launched only 2 weeks ago.
It will be interesting to see how Boober develops.
In case you are wondering what ‘Boober’ means. The website says that ‘Boober’ is the name of the dog of the founders, which they say is stubborn, creative and loyal.
Update: It is only possible to invest for lenders that are located in the Netherlands