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Collaborative Finance arose from the principle of Collaborative Consumption and the Sharing Economy. The growing networks and development of communication through the Internet makes it possible for private persons as well as organizations and institutions to share, swap, rent and trade products and services. Through sharing information, tailored, personal financial solutions can be formed. It is common for Collaborative Finance to exhibit a high level of personalized credit transactions (e.g. micro loans) and P2P transactions.

Term-Nr.: 206

German: Cooaborative Finance (218)

Source: Fintech-Hub m. e. E., 29.05.2019

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