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. :)

No comments:

Now your brand news diet is chockfull of tasty tales of Customer Experiences (CX). Served-fresh every morning for your daily recommended dose of marketing inspirations. Never sugar coated. May contain nuts. Archives | Look back at these past bites