Community Lend reached out to bloggers last week to get the launch buzz started (note 1). The site appears ready to go, all it needs is a loan/borrow signup form in place the email notification box in the center of the homepage (below).
From the look of it, the startup has a good design team. It's direct and to the point in the main section while staying fresh with blog posts, selected news stories, and press releases displayed in widget-like boxes along the bottom of the screen (below the fold on my laptop). But I'll reserve judgement until I see the actual lending and borrowing screens when they become available.
The most interesting part of the pre-release info was the list of official advisors to the startup which included Virgin Money (US) CEO Asheesh Advani as well as the Phil Hopper, CEO of Australian P2P lender, iGrin. It will be interesting to see if those relationships turn into future Canadian partnerships.
For more information on P2P lending, see our recent Online Banking Report (#148/149) and catch Prosper and Loanio on stage at our FinovateStartup April 29 in San Francisco.
__________________________________________________
*Technically, IOU Central was first in the Canadian market. However, a few weeks after launch it was forced to shut down as it works to satisfy regulators (coverage here). Therefore, the honor looks like it will go to CommunityLend.
CommunityLend pre-launch homepage (17 April 2008)![]()
Note:
1. Blogger outreach is the modern day equivalent to the press conference. Dave Colman's emails to bloggers resulted in five blog posts that same day, and that's without any news other than its UNOPENED site had been remodeled. Think back to the last time you revamped your website, did you get five press mentions?
Most Recent Posts:
- FirstAgain Targets Online Users with Excellent Credit - Jul 08, 2008
- Finovate Startup Demo Videos Now Available Online - Jul 07, 2008
- Who Has the Holiday Spirit? - Jul 02, 2008

Comments (4)
Jim .. thanks for the kind words. We are trying hard to 'get it right' on many fronts, and appreciate the support. We are in the home stretch now.
Colin
Posted by Colin Henderson | April 17, 2008 9:09 PM
Posted on April 17, 2008 21:09
Thanks for the post Jim! We are anxiously awaiting our launch and cannot wait to begin pulling back the curtain even more. Stay posted on our blog for more developments.
Cheers
Dave Coleman
Posted by Dave Coleman | April 18, 2008 4:38 AM
Posted on April 18, 2008 04:38
Interesting.. I'd be interested to see if they're going to have an affiliate program?!!
Posted by Monty Loree | April 22, 2008 9:58 AM
Posted on April 22, 2008 09:58
The whole P2P lending idea is booming -- I wouldn't give the "first in Canada" crown to CommunityLend just yet as they haven't even launched yet.
Posted by Chris | April 28, 2008 9:05 PM
Posted on April 28, 2008 21:05