The world as we know it is changing before our eyes.
Technology is challenging traditional ways of doing things.
Information is accessible. Everything is visible, familiar and known. More and more people communicate with more and more people and know about their lives, their habits and their friends.
Suddenly the whole market has changed. We no longer need to go to the supermarket to get groceries, nor do we need to use a travel agent to book a hotel room.
We’ve gotten used to getting a better product at a better price… and most importantly: under the terms that we choose.
The same goes for money.
There’s no longer a need for fancy offices and branches, fat salaries and bonuses… so many intermediaries have simply become unnecessary. The connections have become more personal – just between people.
More and more people have come to understand that the old way serves the interests of the institution and not the customer.
That’s just the way it is:
When there are hundreds of branches, tens of managers, thousands of employees and tens of thousands of sandwiches… the overhead is immense, and there’s just no way around it.
BLender gets rid of all of that. We don’t have branches, thousands of employees or overhead.
That means: The borrower pays a lower interest rate on a loan, and the lender gets more for his/her money!