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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

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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