Finance · Finances

Norwegian person-to-person startup thinking about going global instead of just Norway. Do it or don't?

Oliver Engen Founder & CEO, Parlån

March 30th, 2017

We're developing the most simple way to let private person lend money from other private persons. On the front page there will be a list of all the people who are interested in lending out money with how much, rates and time to pay back (The ones who lend out money decide this). We're still months away from launch, but we have got so incredible good feedback that we think this can be bigger if we launch an international version instead of just a Norwegian. The only problem is that we don't have any in our team that have a view over the market in the major countries like USA.

Dane Madsen Organizational and Operational Strategy Consultant

March 30th, 2017

P2P lending is big in the USA. Simplifying it may make it bigger. There are big public companies in the space in the USA. Here are a few.

Alan Petzold ECC / Evolving Coal Corp

March 31st, 2017

You need Deal flow. See Erica Drake on LinkedIn. Or go to her website.

Also what amount of Lending are You doing. Like $360,000 with payments every 120 days. Earn 3 x your investment. All funds go into an Attorneys Escrow account in the USA. Let me know if this is of interest to you. Thanks

Alan Petzold.