Collaborative Finance

The definition of collaborative finance is used to describe a particular category of financial transaction which arises directly between individuals minus the intermediation of an old-fashioned financial institution. This new solution to manage informal financial transactions continues to be enabled by advances in social websites and peer-to-peer on the internet platforms. The wide variety of Collaborative Finance resources can vary greatly not only within their organizational and functional aspects, but also by geographical spot, share of this financial market and many others.