Open Loans Canada also provides Canadians with investment opportunities. A private person in Canada with excess cash can use the app as a way to invest. He can lend the money to another Canadian he finds on Open Loans Canada and earn an interest. He can secure himself by taking possession of security such as a car or a title deed.
Borrowers in Canada can borrow from private persons as well as banks and other financial institutions in Canada that they find (or find them on Open Loans Canada).