Koho is aimed primarily at generation Y, a demographic with little patience for the delays and high
fees of traditional financial institutions.
Not exact matches
By directly connecting borrowers and lenders, Prosper provides a unique service that allows benefits to both borrowers and lenders and eliminates the high
fees and complexities
of a
traditional financial institution.
He argues he's getting better returns than what he could get at the bank, in part because he pays a fraction
of the
fees that a
traditional financial institution would charge.
Well, the
financial institutions collectively making trillions
of dollars over payment
fees aren't racing to innovate the
traditional system that allows them to make so much money.