Tagged: lending

Laleta Buctkuar from Assetz Capital Explains that Their Pricing Is Driven by Loan-to-Value, Not Security Type, Size, Location

Laleta Buctkuar notes that she recently joined UK’s Assetz Capital in June of this year, “specifically to focus on bridging products and distribution.” Laleta shared that she began working in financial services more than 20 years ago. Laleta also noted that she had a part-time… Read More

Eleving Group Is Reporting “Record-High” Financial Results for 9M 2021

Eleving Group (previously doing business as Mogo Finance) has shared its unaudited results for the nine months of 2021, “conclusively determining the company’s course to the best financial year in its history.” As mentioned in a blog post published by the Mintos team, the group’s… Read More

October CEO Olivier Goy Says that as A Fintech Platform, they Welcome State Guaranteed Loans in Certain Jurisdictions

Online marketplace lender October is currently active in five European nations. October CEO and Founder Olivier Goy recently noted that he launched October 7 years ago in France. While commenting on the financing landscape 7 years back and now and the challenges and opportunities this… Read More

Over €500M Now Invested via European P2P Lending Platform, Bondora

European P2P lender Bondora notes that November is “known to be the gloomiest month in Estonia.” However, as the days became darker, the Bondora team decided to “focus on the bright side.” Here are some of their recent highlights and milestone moments. Over €500 million… Read More

Robocash Shares High-Yield Investment Strategies for UK Investors: Report

The Robo.cash team has published an update that covers (what they claim to be) high-yield investments in the United Kingdom. Robo.cash aims to introduce people to different “safe, high yield investments, what they offer and how to go about them.” As mentioned in the update,… Read More

UK’s easyMoney Reveals that A Third of Women Don’t Invest Because they Don’t Know Enough About It: Survey

First came the gender pay gap, and now all eyes seem to be on the investment gap – and this time it’s bigger (a lot bigger), according to an update from easyMoney. UK’s easyMoney, the investment platform from Sir Stelios Haji-Ioannou’s easy family of brands… Read More

Sweden based Fintech Näktergal Acquires €1M to Enhance its Cloud based Digital Lending Platform

Swedish Fintech firm Näktergal, which supports financial institutions with Cloud-powered platform solutions for digitized lending, has acquired EUR 1 million in capital via an investment led by Katalysen & Partners. Other investors are Stefan Backlund, ex- VP Marketing & Communications at Trustly, Jon Wimmercranz, ex-… Read More

European P2P Lender Bondora Reports Recovery of Nearly €1M in Missed Payments

European P2P lender Bondora notes that after a “booming” September, where the platform managed to recover over €2.3 million in missed payments, these figures “subsided” during the month of October 2021. As mentioned in a report from Bondora, there was a total of €977,354 that… Read More

Fintech Sector in Peru has Been Growing Steadily with 171 Fintechs Operating in the Country: Report

Peru’s Fintech sector has been expanding at a steady pace during the past few years. There are at least 171 Fintechs operating in the country, as of September 2021. These numbers represent a sizable 16% increase from last year, as well as a yearly growth… Read More

Southeast Asia’s Funding Societies Partners with MUFG Bank Malaysia to Introduce Referral Scheme Program

Southeast Asia-based online financing platform Funding Societies announced earlier this week that it teamed up with MUFG Bank Malaysia, which operates as a subsidiary of Mitsubishi UFJ Financial Group, in order to introduce a Referral Scheme Program exclusively for the banking institution’s corporate customers in… Read More

EstateGuru Explains How to Determine Potential Risks When Making P2P Lending, Investing Decisions

As with any investment, it’s vital to know the different risks involved in peer-to-peer lending before you put up your cash. Equally important is how platforms evaluate, manage, and “present those risks,” according to a blog post published by EstateGuru. As noted by EstateGuru, P2P… Read More

P2P Lending Platform Robo.cash Says Peer to Peer Loans are Creating Competition for Traditional Banking Services: Report

Croatian peer-to-peer lender Robo.cash says that P2P loans increase competition with traditional banking. Robo.cash writes in a blog post that European nations with stable and developed economies are leading “in terms of consumer and business lending.” The complete digitalization of the financing process “becomes one… Read More

European Personal Finance Firm IuteCredit Shares Latest Unaudited Operational, Financial Results

IuteCredit has shared its unaudited results for 9M 2021. The firm has released its operational, strategic, and financial highlights along with comments from the company CEO. These details were provided to the AS Mintos Marketplace by IuteCredit, a cooperation partner of Mintos that provides investment… Read More

Bpifrance Leverages October Connect Tech to Streamline its Digital Risk Analysis

European online marketplace lender October notes in a recent blog post that as part of the economic support plan following the Covid-19 outbreak, Bpifrance introduced the digital Prêt Rebond (Rebound Loan) back in in April 2020, in partnership with the French Regions, allowing SMEs of… Read More

UK’s Online Lending Platform, NewDay, Introduces Instant Access Digital Credit Acct with Flexible Payment Terms

Online lending platform, NewDay, has introduced an instant access digital credit account with flexible repayment terms which are aimed at protecting its business from the competition from Buy Now, Pay Later or BNPL providers. Newpay provides clients with a credit limit of £5,000, which may… Read More

Roxana Mohammadian-Molina from Blend Network Says Specialist Lenders Must Play Key Role in Deploying More Funding into Housing Market

The team at UK-based Blend Network has noted that we should focus on getting Britain moving again by improving lending services. UK Prime Minister Boris Johnson’s pledge (a commitment to “Get Britain moving again”) had been made following the end of the first lockdown in… Read More

European P2P Lending Platform Bondora Reports Decline in Secondary Market Transactions

European P2P lending platform Bondora notes that for the second straight month, the Secondary Market transactions via the platform have decreased. Bondora wrote in a blog post dated November 15, 2021 that while a total of €311,848 was transacted on the Secondary Market in September… Read More

Female Investors Active on P2P Lending Platform Robocash Grew from 20% in 2019 to 34% in 2021, Company Reports

Croatian peer-to-peer lender Robo.cash has shared corporate statistics, which highlight the social and geographic shifts of investors and their response to the growing market potential. The Robo.cash platform has “significantly expanded its active investor base in 2021, representing a more than 70% growth,” the company… Read More

Small Business Owner Reveals How they Borrowed €465K from 3,000+ Lenders via October to Maintain Operations

The team at European online lender October recently revealed that Lot61 had borrowed €465,000 in order to finance an acquisition of part of their business. As mentioned in a blog post, October spoke to the company’s Australian founder Adam Craig about entrepreneurship, growth and “the… Read More

EstateGuru Reports that Investors Financed 104 Loans Valued at €16.9M via Platform in October 2021

EstateGuru, an online investment marketplace that matches borrowers to investors with secured debt securities, notes that in October 2021, their investors financed a total of 104 loans, “valued at €16.9M.” Germany, which is EstateGuru’s largest market, “contributed €4.1M, while the largest volume was in Estonia (€6.1M),”… Read More

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