Tagged: marketplace

February 23, 2015 @ 8:48 am By JD Alois  |  

Peer to business lender Ablrate is now offering an investment opportunity that is expected to return 11% per annum.  Ablrate, a niche P2P lending platform, is doing a refinancing on an ATR 42 500 aircraft looking to raise £2.475 million. The loan represents a 71%… Read More

February 23, 2015 @ 7:51 am By JD Alois  |  

According to peer to peer lender Zopa, the number of Britons consolidating credit card debts using long-term loans through Zopa has increased by 57 per cent year on year, while the value of these consolidation loans has increased by 62 per cent in January compared… Read More

February 19, 2015 @ 7:57 am By JD Alois  |  

Funding Circle, a leading peer to peer lender that targets small business loans, has announced a significant commitment by Victory Park Capital to finance up to $420 million in loans to small business originated via Funding Circle in both the UK and US over the… Read More

February 17, 2015 @ 12:33 pm By JD Alois  |  

Assetz Capital is going to the crowd to finance its young peer to peer lending platform.  Led by CEO and co-founder Stuart Law, Assetz Capital is seeking a raise of £2 million in a convertible offer on Seedrs.  The offer incorporates a 10% discount on… Read More

February 17, 2015 @ 9:09 am By JD Alois  |  

The UAE’s leading peer to peer lending platform, Beehive, has launched a new funding service to assist SME’s in the region.  Invoice Financing is now available to ease cashflow issues for small companies. Beehive was launched in November 2014 by partners Craig Moore and Rick Pudner. Beehive facilitates… Read More

February 14, 2015 @ 5:35 pm By JD Alois  |  

Jimubox, a peer to peer lending platform, has formed an arrangement with China Minsheng Bank to help protect investors funds.  The bank will now be used to conduct all financial transactions and will hold investors funds.  RenRenDai and Minshengyidai, two other peer to peer lending… Read More

February 13, 2015 @ 4:25 pm By JD Alois  |  

When you are looking at getting a loan to help fund your small business you have multiple options.  If you happen to be in the decision making process right now and have some questions, this US centric infographic created by Dealstruck may help you take… Read More

February 11, 2015 @ 8:00 pm By JD Alois  |  

Lending Club has formed a partnership with a national consortium of 200 community banks.  The arrangement with Alliance Partners, which manages the BancAlliance, will dramatically boost Lending Club’s reach across the nation as the leading peer to peer lender continues it march to further growth…. Read More

February 10, 2015 @ 7:45 am By Samantha Hurst  |  

On Tuesday (February 10th), Kreative Krowd, a crowdsourcing marketplace, officially launched its services for all creative freelancers. Whether its University or college students from creative departments looking for a part-time job opportunity or building their work experience portfolio to professional freelancers or anyone with a… Read More

February 9, 2015 @ 6:32 pm By JD Alois  |  

RateSetter, a UK based peer-to-peer (P2P) lending platform has announced it has surpassed half a billion lent since the site launch in 2010. RateSetter has also shared that the Company processed over £43 million in January and states this is the most ever lent by any P2P platform… Read More

February 6, 2015 @ 8:15 am By Sacha Bright  |  

Reading the FT’s recent (29th January) piece by Tracy Alloway and Emma Dunkley entitled ‘Rebranded P2P revolutionaries form ties with traditional lenders’, my initial reaction was to be rather saddened that some of the biggest names in the alternative lending market of which we’re a… Read More

February 5, 2015 @ 7:21 pm By JD Alois  |  

CommonBond Expands Service to Over 700 Programs Nationwide. Student loan lender CommonBond has announced a significant commitment from Nelnet(NYSE: NNI), one of the “most venerable names in student loans” to fund $150 million in loans.  Nelnet has also made an equity investment in CommonBond thus… Read More

February 4, 2015 @ 12:20 pm By JD Alois  |  

Lending Club (NYSE: LC) founder and CEO Renaud Laplanche is making the rounds talking up his most recent partnership.  Earlier this week Lending Club and Alibaba announced a unique arrangement where peer to peer lending platform would provide loans for US based companies that purchase from Chinese firms…. Read More

February 3, 2015 @ 8:29 am By JD Alois  |  

SoFi, a unique peer to peer lending platform, has announced a significant $200 million investment in a Series D funding round led by Third Point Ventures. Company valuation was not disclosed in the announcement. Goldman Sachs acted as sole placement agent for the funding round…. Read More

February 2, 2015 @ 5:54 pm By JD Alois  |  

Australian peer to peer lender Lendex has added two prominent names to its advisory board. The P2P / P2B site has announced the appointment of both Robert Hines and Kim Jenkins. The move boosts insight and experience for the young funding platform. Jenkins is the… Read More

January 30, 2015 @ 8:33 am By Samantha Hurst  |  

UK based business lender Funding Circle has reached a new milestone in peer to peer lending.  The 4 1/2 year old company has now topped £500 million in loans that have been provided for over 7000 UK SMEs in need of finance.   It took just shy of 4… Read More

January 28, 2015 @ 10:44 pm By JD Alois  |  

Coming off a year where they facilitated $1.6 billion in loans, Prosper, one of the largest peer to peer companies in the world, has acquired American HealthCare Lending (AHCL) – a medical financing platform. The company is the largest “patient financing company in [the] behavioral… Read More

January 28, 2015 @ 10:10 pm By JD Alois  |  

Now that Lending Club (NYSE: LC) is publicly traded they will be making it habit to schedule quarterly calls, along with other required securities filings. The worlds largest peer to peer lender  has just announced its earnings for Q4 2014 will be released on February 24,… Read More

January 22, 2015 @ 3:39 pm By JD Alois  |  

SoFi, an innovative funding platform that has pushed aggressively to tackle the world of student loans, is preparing to offer $313,800,000 in asset backed notes.  The securities will be secured by private student loans. DBRS has assigned a provisional rating of AA to the Class… Read More

January 21, 2015 @ 1:02 pm By JD Alois  |  

Unilend, a leading peer to peer lending platform based in France, has formed a partnership with Groupama Banque to channel € 100 million to small and medium businesses over the next four years.  The arrangement is the first of its kind in France. Unilend has… Read More