maneo celebrates 1st anniversary of social lending in Japan

maneo Inc. celebrates its first anniversary since the launch of Japan's first online social lending service. maneo operates Japan’s leading social lending marketplace for people to borrow and lend money through an auction system. More than thirty similar social lending services exist overseas today. Social lending is becoming an increasingly attractive financing alternative compared to more traditional sources of capital like banks and consumer finance companies. To date, maneo has more than 11,000 registered users and has completed more than 143 million yen in loans.

October 15, 2009 | News