Virtual 'Savings' Accounts

[alexs (Alex Sherwood)]

It looks like this is exactly where Monzo is heading there’s been quote a lot of discussion about this here -

Peer to Peer Lending?

One of the interesting things that I’ve been thinking about recently is how to get the best return out of my own money. Whether this be through investment, or just a high-interest savings account. Given the news that Santander is slashing its interest rates, options are becoming more and more scarce. In the past I’ve considered the idea of joining a service that allows people to lend money to others in a ‘crowdsourcing’ kind of way. The idea being that a service offers an amount at percentage x…

it would be great to hear your thoughts on what’s been said there!