Bitcoin peer-to-peer lending network BTCJam has implemented a risk-based pricing model, changing the way it sets borrowing interest rates in an attempt to improve users’ security. The model, widely used by lenders in the mortgage and financial services industries, sets the borrower’s interest rate based upon their credit score; the higher the credit score, the lower […]
Chinese exchange Yuanbao.com is now offering P2P lending, with borrowers using bitcoins and other digital assets as collateral.
P2P bitcoin lending startup BTCJam has said no funds were lost after a security breach at its mail provider.
The startup uses bitcoin to shift value around the globe, allowing anyone to borrow via its platform.