Tagged: peer to peer

August 14, 2021 @ 1:11 pm By Omar Faridi  |  

Nearly 80% of European investors now use digital tools to keep track of their expenses, according to an update from Croatian peer-to-peer lender Robo.cash. Robo.cash notes in a blog post that 78.9% of investors have been monitoring their spending or transactions via an app or… Read More

August 11, 2021 @ 2:42 pm By Omar Faridi  |  

Today, nearly a year and a half since the Coronavirus pandemic began, we have all been forced to adapt to the new environment or the “new normal” in almost every aspect of life. As at any time, there are always “winners” in the economy and… Read More

August 9, 2021 @ 11:38 pm By Omar Faridi  |  

In April 2021, lending firm E-Cash had reportedly informed European P2P lender Mintos of its intentions to begin closing down its business operations. Due to E-Cash having missed “regular settlement payments” to investors for 7 days and a wind-down process that ‘hadn’t yet been evaluated,”… Read More

August 9, 2021 @ 10:26 am By JD Alois  |  

Irish peer-to-peer lender Linked Finance says it is on track for a record year, reporting the strongest monthly lending volume in the platform’s 7-year history, according to a note from the company. Linked Finance says it lent €5.5 million in July, more than 3X July… Read More

August 9, 2021 @ 1:28 am By Omar Faridi  |  

European peer-to-peer lender Bondora reports that its secondary market transactions fell during the month of July 2021. Last month, Bondora continued to see the “downward trend” of fewer transactions taking place on the Secondary Market, the company confirmed while noting that a total of €162,695… Read More

August 7, 2021 @ 8:47 am By Omar Faridi  |  

UK’s easyMoney, the investment platform from Sir Stelios Haji-Ioannou’s easy family of brands that claims that it has “never lost a penny on its loans,” notes that investment in individual savings accounts or ISAs “continues to grow despite low interest rates.” The company questions whether… Read More

August 7, 2021 @ 8:08 am By Omar Faridi  |  

The team at UK-based Sourced Capital, the home of property-backed peer to peer investing, notes that when you’re deciding to invest into property, selecting the appropriate location is a good place to begin, and the type of property investment strategy that Sourced Capital’s Borrowers choose… Read More

August 4, 2021 @ 11:13 am By JD Alois  |  

UK-based peer-to-peer lending platform Proplend has added commercial property VAT loans, according to a release. Proplend is an FCA-regulated P2P lending platform specializing in sub £5 million commercial real estate debt. To date, Proplend has completed over £130 million of lending and is rated by… Read More

August 4, 2021 @ 11:03 am By Omar Faridi  |  

At the end of 2018, LF TECH had launched on Mintos to provide short-term consumer loans issued in Kazakhstan. After the initial launch, the firm paused activities so it could adopt its new strategy and restructure the company for increased scalability opportunities. LF TECH has… Read More

August 2, 2021 @ 9:57 pm By Omar Faridi  |  

Forus Capital, a Saudi Arabia-headquartered Islamic P2P lending marketplace, has secured funding via a Series A round (for an undisclosed amount). As noted by its management: “Forus Capital [is an] Islamic debt marketplace that enables investors to invest in a marketplace of alternative loans targeted… Read More

July 31, 2021 @ 9:04 am By Omar Faridi  |  

Latvia-based P2P lending platform Sun Finance has exceeded the €1 billion (appr £851.7 million) milestone in the total loans provided. The company reveals that it’s on track to end 2021 with €200 million in earnings. Established in January 2017, the Sun Finance platform has managed… Read More

July 30, 2021 @ 4:11 pm By Omar Faridi  |  

The team at Assetz Capital, a marketplace lending platform originating secured loans, notes that after the end of the previous COVID-19 loan schemes, the UK Government launched the new Recovery Loan Scheme (RLS). Assetz Capital was accredited to lend via the RLS scheme on July… Read More

July 30, 2021 @ 4:06 pm By Omar Faridi  |  

IuteCredit, a European personal finance firm, has shared its unaudited results for the first 6 months of 2021. As noted by the Mintos team, luteCredit has reported its operational, strategic, and financial highlights of its business, as well as comments from its Chief Executive. Operational… Read More

July 30, 2021 @ 7:48 am By Omar Faridi  |  

The team at European P2P lending service provider Bondora notes that while return rates on their platform originations declined in June when compared to figures from May 2021, returns over the most recent few years “were still above their target rates.” The Bondora team has… Read More

July 27, 2021 @ 7:54 am By Omar Faridi  |  

The team at Assetz Capital, a marketplace lending platform originating secured loans, says it’s no secret that there’s been an “unprecedented construction material shortage this year,” in the United Kingdom and few would have “forecast the near-perfect storm that has swept through the sector.” The… Read More

July 25, 2021 @ 2:22 pm By Omar Faridi  |  

European peer-to-peer lender Bondora reports that originations on their platform keep on rolling in 2021. Last month, originations on the Bondora platform totaled €11,036,285—which represents a 5.9% growth rate when compared to figures from May of this year. This is reportedly the sixth straight month… Read More

July 24, 2021 @ 3:33 pm By Omar Faridi  |  

Legal proceedings brought by European P2P lending platform Mintos have reportedly managed to recover investors’ money from Aforti “in full.” The Mintos team confirmed in an update, dated July 23, 2021, that all of Aforti’s outstanding investments and pending payments have “now been recovered in… Read More

July 23, 2021 @ 8:48 am By Omar Faridi  |  

The team at Robo.cash, a Croatian peer-to-peer lender, has shared key strategies for maximizing profitability when using their platform. Robo.cash notes in a blog post that when you are selecting the best investment strategy, it is important to understand how it may benefit others and… Read More

July 20, 2021 @ 8:39 am By Omar Faridi  |  

The team at UK-based P2P lender Blend Network notes that many investors active on their platform will know that they have an AutoLend feature that enables lenders to make automatic investments. Blend Network explains in a blog post that these auto investments can be made… Read More

July 19, 2021 @ 12:56 am By Omar Faridi  |  

The team at European P2P lending platform Bondora reveals that it has been another solid month of growth for recoveries. Bondora, which has seen nearly 170,000 people invest more than €455 million and have reportedly earned €54 million to date, reports that the amount of… Read More