Tagged: peer to peer

P2P Lending & Investing Summit

P2P-Lendind and Investing Conference

P2P Lending & Investing Summit Taking place October 6-7 at the Sheraton New York Times Squares, a community event, bringing together the operators of online lending platforms, hedge funds, institutional investors and wealth managers looking to invest in P2P and nontraditional originated loans; and bankers. Get an opportunity to understand, and perhaps capitalize on, this growing… Read More

InvestNextDoor Bets on Community Impact with CrowdLending

InvestNextDoor Founders cropped

Seattle based InvestNextDoor Allows Communities to Back Businesses and Skip the Banks. In the first 6 weeks of operations, InvestNextDoor has experienced  impressive interest in their new peer to peer lending platform that helps small business skip the banking bureaucracy.  More than 50 new listing applications are in process as InvestNextDoor.  InvestNextDoor is part of… Read More

Beauhurst: Record Year for Equity Investments in UK

10£ Queen Elizabeth British Pounds

According to research firm Beauhurst, United Kingdom equity investment has been growing at around 25% per year for over three years now – an impressive pace.  At least part of this growth is due to the liberal approach taken by UK regulators regarding new methods of capital formation such as crowdfunding.    Beauhurst reports that… Read More

Federal Reserve: Peer to Peer Lending Poised to Grow

P2P loans are increasing as Traditional loans decline

Our friends at the Cleveland Federal Reserve have published a report on the Peer to Peer lending industry (P2P).  They  have come to the conclusion of just about everyone else but have incorporated some interesting data points.  P2P lending is expected to grow and will be filling gaps left by the traditional lending industry.  The… Read More

P2P Lender LendInvest Surpasses £100 Million in Loans

LendInvest Logo New

LendInvest, a UK based peer to peer lender that targets the mortgage sector, has announced they have surpassed £100 million in loans via their platform.  The P2P lender was launched in May of 2013 and according to the site this paces LendInvest as the fourth largest P2P lender in the UK following Zopa, Ratesetter and… Read More

Assetz Capital Explains P2P Loan Pricing

P2P

Assetz Capital, a UK based peer to peer (P2P) lending platform, has shared their approach to pricing their loans.  Assetz has raised over £40 million since their launch back in 2013.  Assetz Capital is part of the Assetz group of property and financial services companies that have grown profitably since 1999. The group currently has over… Read More

Funding Circle: The Rise of Peer-to-Peer Lending (Infographic)

Funding Circle Taking Over the World

Funding Circle is having a birthday today. The peer-to-peer (P2P) lending platform is turning 4 years old.  We would love to share some cake and sing some songs in celebration but unfortunately a few thousand kilometers separate us from the festivities that most certainly are taking place.  In recognition of their journey, Funding Circle has… Read More

Funding Circle Sheds Light on Defaults & Recovery

Funding Circle Logo

Funding Circle, a peer to peer lending platform that strives to operate a highly transparent lending business, recently shared some insight into their defaults and recovery side of their company.  Just like any other investment, lending on a P2P platform entails risk.  Investors mitigate risk by having a balanced portfolio.  Data on P2P lending platforms… Read More

Raiseworks Partners with Orion First Financial on Small Business Loans

Raiseworks

Orion First Financial, LLC has begun servicing small business loans for Raiseworks, LLC, a New York-based company that operates an online peer to peer lending platform connecting SMEs with institutional investors.  Raiseworks is currently by invitation only.  Orion services include Uniform Commercial Code (UCC)-related services, invoicing, payment processing, customer service and commercial collections. Orion is… Read More

Brief: Sancus Peer to Peer Lender to Expand into Guernsey

Sancus

Sancus Holdings Limited launched last year in Jersey with £23 million in capital backed largely by Channel Island investors.  Recognizing the growing potential for peer to peer lending (P2P), Sancus sees opportunity in matching high net worth individuals with small and medium sized enterprises.  Sancus has a minimum loan participation of £250,000. Now according to… Read More

George Osborne: “I want the UK to lead the world in developing Fin Tech”

Chancellor of the Exchequer George Osborne

The United Kingdom has focused great attention and energy on encouraging an economic environment of innovation and entrepreneurial growth.  While actions always speak louder than words from a US perspective, we sometimes look with envy at what is occurring the UK and not happening in the US.  Granted not all is rosy across the Atlantic… Read More

RateSetter Claims “Largest P2P Lender in UK”; Raising £25 Million in July

Rhydian Lewis

In a statement UK based peer to peer (P2P) lending platform RateSetter said they have strengthened their position as the largest P2P lender in the UK, handling a “market-leading” £71m in loans over the last three months.  This past July (2014), the company became the first to pass £25m lent in a single month.  The… Read More

Peer to Peer Lending Report from MoneyWeek

P2P

UK based finance mag, MoneyWeek, has published a report focusing on the Peer to Peer lending industry.  The report, entitled “CrowdPower:  How You Can Make a  Small Fortune from the Peer to Peer Revolution” is available for free download (it is also embedded below). The publication is being promoted in conduction with a contest for… Read More

Newly Licensed Peer-to-Peer Lender Harmoney Announces Full Board of Directors

Harmoney

New Zealand based peer-to-peer lender Harmoney has shared the appointments to their board of directors.  Harmoney became the first fully licensed P2P lender in New Zealand this past July. Harmoney had earlier announced former GPG Chairman Rob Campbell as the board chair.  The complete board is as follows: David Flacks, Bell Gully Partner who is also on… Read More

Ranger States P2P Strategy Drive 18 Consecutive Profitable Quarters

Ranger Specialty Income

 Dallas Texas based Ranger has stated in a release their strategy that identifies peer to peer (P2P) loans has recently achieved a new milestone having reached 18 consecutive quarters of positive performance results. “TruSight Technology” was developed in 2009 by Portfolio Manager, Gary Melara. TruSight is described as an artificial intelligence (AI) system that evaluates data… Read More

Peer to Peer Lender Privlo Gets $3.8 Million in Seed Funding

We Lend to Borrowers Privlo

Privlo Set to Extend Platform Across the United States. Privlo, a peer to peer lender of private real estate loans for high-quality borrowers, has raised a $3.8 million seed plus round of funding from Spark Capital and QED Investors and up to $350 million in debt capital from a multibillion dollar New York-based private real… Read More

Alan Hughes Named Non-Executive Chairman of RateSetter

Alan Hughes

Former CEO of Internet Bank First Direct Sees Huge Potential in P2P Lending UK based RateSetter has announced that Alan Hughes will become the company’s first Non-Executive Chairman.  RateSetter views the appointment as another milestone for RateSetter and is indicative of the growing economic clout of the peer to peer lending industry.  As traditional lending… Read More

Former SunPower Executive Joins Mosaic as COO

Bruce Ledesma

Bruce Ledesma has been named Mosaic’s Chief Operating Officer. Solar peer to peer lending platform Moscaic, has named Bruce Ledesma as their new Chief Operating Officer and will aid in scaling operations for the leading renewableenergy funding platform. Ledesma previously worked as the Executive Vice President and General Counsel of SunPower Corporation during its growth… Read More

UK P2PFA: Peer to Peer Lending Goes to Over £1 Billion in 2014

Growth of Active Lenders P2PFA 2014 Q2

The Peer to Peer Finance Association (P2PFA) in the UK have just published the data for the first 6 months of 2014 showing impressive growth in the P2P lending industry.  The rate of flow of funds through p2p platforms has doubled over the last 6 months.  New lending increased from £247.4 million in Q1 to… Read More

LendInvest States “World’s Largest P2P Loan” is Repaid

10£ Queen Elizabeth British Pounds

Green Dragon House P2P Loan Facilitates 120 New Flats. UK based peer to peer lending LendInvest has stated that its world record breaking P2P loan has now been repaid.  The £4.1 million loan on a commercial building in Croydon was noted as one of the largest P2P loans ever  - if not the largest. As… Read More