lending club closes $1M in loans on facebook.
This is about a week old now, but worthy of notice if you haven't already seen it. Lending Club has announced that they've closed $1M in loans. On Facebook. These are small loans, or "micro loans", and an excellent example of the long tail in action. And the power of social communities like Facebook.
Awesome. I mean, for the people who are realizing Facebook as a business tool - not for the people who are getting further into debt. :)
Labels: facebook, social media, youthmarketing
posted by darryl ohrt @ 7:43 AM
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