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Here is a new online financial concept

Posted September 21st, 2007 by peter

Imagine going online to invest some spare cash you have. Or finding a place to borrow some money from. No financial middle people or companies to pay commissions to – either way.

Its coming to a screen near you. Nexx – online money matchmaker – connecting people who need money with people who have money and are looking to make a return on it.

Nexx won $20,000 in seed funding and a nine-month tenancy in the Icehouse business incubator in the University of Auckland Business School’s Spark Challenge.

Details are sketchy at this stage, we wish them the best. Sounds a great idea.