The German press reports that German incubator Rocket Internet is selling its participation in the multinational P2P lending platform Lendico to British hedge fund Arrowgrass. Arrowgrass already owns a small share of Lendico and wants to take over the company. Founded in December 2013 by… Read More
Lendico, a peer to peer lender that has not let national barriers get in the way of expansion, announced on Monday that it has teamed up with Swiss financial services, PostFinance, for a new Switzerland joint venture. The P2P platform revealed that as part of its… Read More
In Germany, investment crowdfunding is doing well–both debt-based and equity-based crowdfunding jumped notably in Q1 2015 versus Q4 of 2014, according to numbers from the German Crowdfunding Network. What of the country’s peer-to-peer lending? Dominik Steinkuehler, co-founder and CEO of Lendico, a multinational P2P lending platform,… Read More
Mercator Advisory Group’s latest research, An Introduction to Peer-to-Peer Lending: A European Perspective analyzes the new and fast growing payments segment peer-to-peer (P2P) lending and the business models underpinning it. The report focuses on P2P lending providers in the European market, in particular the U.K., profiling the leaders… Read More
Lendico, a peer to peer lender that has not let national barriers get in the way of expansion, has announced that two German banks, along with “international hedge funds” will invest hundreds of millions of dollars in loans from Lendico. The names of the funding… Read More
Fast growing peer to peer lender Lendico has moved into a new market, this time targeting the Netherlands. Lendico was founded in Germany at the end of 2013 but the young platform has quickly moved to expand into regions beyond the German market. The new… Read More
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