On Thursday, equity crowdfunding platform Crowdcube released its 2018 second quarter update. Crowdcube revealed that 2018 has been a breakthrough year for its funding portal so far and that it has invested heavily in transforming its technology and processes last year, which has enabled it to… Read More
Read more in: Crowdfunding Portals and Marketplaces | Tagged 2018, crowdcube, financial results, second quarter, uk, united kingdom
UK marketplace platform for mortgages, LendInvest, announced on Tuesday its 2017 financial results, with the year ending on March 31st. The platform reported that the results revealed strong growth across all key metrics. LendInvest revealed that it currently manages more than £820 million ($1.1 billion) on… Read More
Read more in: Crowdfunding Portals and Marketplaces, Real Estate | Tagged 2017, christian fae, financial results, lendinvest, marketplace lending, real estate, uk, united kingdom
Prosper, a peer-to-peer lending platform connecting borrowers and investors, reported earlier this week its financial results for the first quarter of 2018. The online lender revealed that loan originations increased 27% year-over-year to $744 million, driven by strong demand for the company’s personal loan product… Read More
Read more in: Crowdfunding Portals and Marketplaces | Tagged 2018, financial results, first quarter, online lending, prosper
Yirendai Ltd. (NYSE: YRD) (“Yirendai” or the “Company”), a leading fintech company in China, announced on Thursday the release of its unaudited financial results for the quarter and full year ended December 31, 2017. The company reported that in the fourth quarter of 2017, it facilitated RMB 13,438.5 million (US$2,065.5 million)… Read More
Read more in: Asia, Fintech | Tagged 2017, china, dennis cong, financial results, fintech, yihan fang, yirendai
Online lending platform for small businesses OnDeck (NYSE: ONDK) announced on Tuesday the release of its fourth quarter and full 2017 year financial results. The online lender reported it achieved a record $5 million of GAAP net income during the fourth quarter. While sharing more… Read More
Read more in: Crowdfunding Portals and Marketplaces | Tagged 2017, financial results, fourth quarter, noah breslow, ondeck
On Wednesday, online lending platform Funding Circle announced its FY results for the year, ending December 31, 2016. While sharing details about the results, Samir Desai, CEO at Funding Circle, stated: “2016 was another record breaking year for Funding Circle. We were pleased to achieve our… Read More
Read more in: Crowdfunding Portals and Marketplaces, General News | Tagged 2016, financial results, funding circle, online lending, p2p, peer to peer, samir desai
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