Tagged: lending

July 25, 2021 @ 8:09 pm By Omar Faridi  |  

The team at digital assets firm Kraken has revealed that cryptocurrency savings accounts are quickly becoming an “attractive option over traditional savings accounts.” As interest rates continue to decline – sometimes going negative at European banks and other jurisdictions – consumers are increasingly looking for… Read More

July 25, 2021 @ 7:14 pm By Omar Faridi  |  

India’s Paytm, which has approved plans for almost a $2 billion IPO on the Indian bourses, recently shared how to lend credit to your clients in an effortless manner with Paytm Payouts. Over 10 years ago, could you have really imagined offering a loan to… 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 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 22, 2021 @ 9:53 pm By Omar Faridi  |  

Provenance is a Cosmos-powered blockchain whose goal is to create a “vibrant” ecosystem of decentralized financial (DeFi) services for a variety of financial institutions such as asset originators, fund managers, servicers, banks, and investors. The Proof of Stake (PoS) blockchain is “distinguished by three elements:… Read More

July 22, 2021 @ 8:29 am By Omar Faridi  |  

Assetz Capital has now been accredited as a recovery loan scheme lender. The team at Assetz Capital, which serves as a marketplace lending platform, notes that the lender will be delivering property-secured loans “between £250,000 and £10m” to SMEs across the United Kingdom, covering commercial… 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 @ 6:14 pm By Omar Faridi  |  

The team at global Fintech Circle, which will go public in a $4.5 billion SPAC deal, notes that the promise of decentralized finance (DeFi) is to transform or fundamentally improve financial services by offering greater transparency, security, and community governance by leveraging blockchain or distributed… 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

July 18, 2021 @ 11:23 pm By Omar Faridi  |  

Kuflink Group, a platform that connects borrowers with lenders, by providing a steady flow of accessible finance and competitive interest rates, notes that their tech team has worked hard to bring new features. Kuflink‘s management writers in a blog post that together, with users’ feedback,… Read More

July 18, 2021 @ 10:26 pm By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, acknowledges that they understand the “stresses” and “frustrations” that small businesses go through on daily basis. Although they cannot fix everything, the company explains that they can provide you the financial “firepower” you… Read More

July 18, 2021 @ 10:19 pm By Omar Faridi  |  

The iwoca SME Expert Index reveals that 1 in 3 brokers “see rising demand for unsecured finance.” As noted in an update shared with CI, more than a third (38%) of brokers submitted “more lending applications for unsecured finance in May compared to the previous… Read More

July 18, 2021 @ 9:53 pm By Omar Faridi  |  

The team at Lithuania-based financing platform Debitum recently published their platform statistics update for June 2021. As noted in a blog post by Debitum, the month of June was a relatively calm or quiet month for the platform. However, their team continued working hard to… Read More

July 18, 2021 @ 6:22 pm By Omar Faridi  |  

European peer-to-peer lending platform Mintos has reportedly changed the status for E-Cash and Dziesiatka on its platform. The Mintos team writes in a blog post: “Along with proceeding with the recovery of funds from E-Cash and Dziesiatka, we are changing the status for both lending… Read More

July 18, 2021 @ 9:58 am By Omar Faridi  |  

Philippines-based Netbank has now partnered with several alternative lenders so that the lending platforms can expand their operations without having to acquire additional funding. Netbank, the first Southeast Asia-based banking as a service (BaaS) platform operating via a bank license, is reportedly working closely with… Read More

July 17, 2021 @ 8:27 pm By Omar Faridi  |  

The team at European online lender October has published a blog post on credit risk analysis models including their construction and application. October notes in an update that the Covid-19 health crisis has led to two situations: a rise in the number of new loan… Read More

July 17, 2021 @ 7:24 pm By Omar Faridi  |  

UK’s leading property finance Fintech LendInvest, which recently became a publicly-traded firm. with shares now trading on the London Stock Exchange’s AIM market, under the ticker symbol “LINV,” has shared 10 notable Buy-to-Let deals from a week in June 2021. The LendInvest team writes in… Read More

July 17, 2021 @ 6:07 pm By Omar Faridi  |  

Digital investment platform Robo.cash reveals that it performed a survey in order to examine the most common spending habits or patterns among consumers. According to an update from Robo.cash, the “overwhelming” majority of European investors plan to include summer vacation as a major part of… Read More

July 17, 2021 @ 5:03 pm By Omar Faridi  |  

The team at EstateGuru, an online lending platform that offers retail investors the ability to back loans secured by property, notes that even though we’re in the middle of really hot summer days and the start of the holiday season, the platform has still seen… Read More

July 17, 2021 @ 10:31 am By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, has shared its Performance Update Report for the month of June 2021. As noted in the report from Prosper, dated July 15, 2021: “In June, we… Read More