isePankur has laid the foundation for social lending in Estonia

Sõbralaen OÜ (hereto referred as isePankur) manages the Estonian loan exchange www.isePankur.ee for private individuals and companies. isePankur is a loan exchange where users can lend and borrow to one another. All transactions are conducted between users who have excess capital or need money, cutting out financial institutions in the process. isePankur’s driving principle is to make money markets more effective, fair and transparent.

isePankur is the importer of social lending in Estonia. Social lending is a smarter, more honest and humane way for financial intermediation. It is like borrowing and lending between family and friends with the difference that you can borrow and invest between thousands of other users. Everybody wins: borrowers get relatively lower interest rates, investors get relatively higher returns through fixed-income asset classes and finally, we all feel better as people for having helped each other.