Zopa: Lending and Borrowing

<p><a href="http://www.zopa.com/ZopaWeb/Public/what.shtml">Zopa: Lending and Borrowing</a> – <em></em> <a href="http://del.icio.us/GregoryHeller">Gregory Heller's Del.icio.us</a> </p><p>This is very cool. It is a "company", maybe "investment house" or "broker" fits better, that allows you to make a loan (actually really not make a direct loan) but offer money for borrow on the market. You set your interest rate and you set you exposure (risk level) based on the multiple markets they have (think low risk, medium risk, high risk) and then people can apply for loans from the funds. Your funds are pooled with other people and your risk is managed because your funds are loaned across the market (made to many folks). Well go to the website to read all about it. But it seems like this might be a tool to fund open source development.</p>