September 18, 2018 @ 9:22 am By Erin Hobey  |  

Orca Money’s crowdfunding campaign is going as smoothly as expected.  The P2P investment aggregation platform linked with Seedrs and launched to raise £500,007 campaign yesterday and has already secured over £346,745 from more than 91 investors toward its goal. Co-Founded by CEO Iain Niblock and Jordan Stodart in 2015, Orca… Read More

September 18, 2018 @ 8:06 am By Samantha Hurst  |  

Australia-based marketplace lender SocietyOne announced on Tuesday it has reached $500 million in loan originations across its personal loan, agri lending, and marketplace business, and is now setting its sights on reaching $1 billion by the end of 2019. The news comes less than a month after… Read More

August 24, 2018 @ 11:54 pm By Samantha Hurst  |  

Just a little over a week after launching its latest equity crowdfunding round on Seedrs, Short-term peer-to-peer lending platform Welendus has successfully secured its initial £850,000 funding target. Founded in 2015, Welendus seeks to redefine the short-term lending market by launching a peer-to-peer short-term lending platform… Read More

August 14, 2018 @ 2:17 pm By Samantha Hurst  |  

Short-term peer-to-peer lending platform Welendus has returned to equity crowdfunding platform Seedrs to raise £850,000 in funding. The lender’s latest initiative comes less than one year after it secured £208,898 through the funding portal.   As previously reported, Welendus was founded in 2015 and aims to re-define the short-term lending market by… Read More

July 5, 2018 @ 5:21 am By Erin Hobey  |  

In preparation of its Lending Challenge, the P2P investment aggregation provider Orca partnered with UK P2P Lending Knowledge Leaderboard and posted a quiz targeting investors and industry players to see how much people know about the P2P knowledge. Neither questions nor answers will be posted here to keep the quiz… Read More

May 31, 2018 @ 9:08 am By Erin Hobey  |  

Last week Robo.cash surpassed a €4M investment milestone and briefly commented on new studies conducted by its analytical center.  Today the Latvian P2P lending platform Robo.cash tweeted a detailed infographic and Founder and CEO Sergey Sedov explained the findings on TechBullion: the younger generation of investors who consider P2P lending… Read More

May 24, 2018 @ 8:46 am By Erin Hobey  |  

Alternative lending observes a continuously increasing number of Millennials and Generation Z, according to the Latvian P2P platform Robo.cash. This growth is supported by the interest of young investors in a “simple and comfortable source of additional income” and the positive experience gained at the… Read More

May 3, 2018 @ 11:41 am By Erin Hobey  |  

Online P2P lender Lending Loop has partnered with the Ontario government to launch a pilot project that will provide $3M in loans over the next two years, according to the Globe and Mail. The article indicated that the Ontario government will boost Toronto-based Lending Loop’s… Read More

February 8, 2018 @ 9:12 am By Samantha Hurst  |  

Last week, Chinese peer-to-peer lending platform Senmiao Technology announces terms for its upcoming $14 million U.S. initial public offering (IPO).  Founded in 2014, Senmiao Technology offers director loans and assignment of loans to medium-size enterprise, borrowers, and creditors. According to Renaissance Capital, the online lender plans to… Read More

January 31, 2018 @ 9:39 am By Erin Hobey  |  

The European online alternative finance market grew by 41 per cent to 7.7 billion euros in 2016, according to the 3rd annual European Alternative Finance Industry Benchmarking Report by the Cambridge Centre for Alternative Finance. The report entitled “Expanding Horizons” indicates that online alternative finance showed… Read More

January 30, 2018 @ 8:22 am By Erin Hobey  |  

In February, the alternative lending platform Robo.cash will extend its operations into Switzerland. “Switzerland is a strong internationally oriented financial center with a long-standing history of the crowdfunding market,” indicated Robo.cash Founder and CEO Sergey Sedov. “We believe that the Swiss investors will greatly appreciate the opportunity… Read More

December 30, 2017 @ 9:00 am By Samantha Hurst  |  

Spanish marketplace lending platform, LoanBook, closed its equity crowdfunding campaign on Crowdcube with a total of £737,450 from 297 investors. The funding round was launched in November and looked to raise £650,000. As previously reported, LoanBook was founded in 2013 and claims to be Spain’s… Read More

December 20, 2017 @ 3:53 pm By Samantha Hurst  |  

LoanBook, a Spanish marketplace lending platform, has successfully secured its initial £650,000 funding target from more than 200 investors through equity crowdfunding platform Crowdcube. Founded in 2013, LoanBook claims to be Spain’s largest marketplace lending platform, with a 4-year track record of working capital lending to Spanish… Read More

December 6, 2017 @ 8:00 am By Erin Hobey  |  

Kabbage, Inc., a global financial services, technology and data platform serving small businesses, has extended over $4 billion to more than 130,000 small businesses, serving the largest customer base than any online small business lender. These landmarks represent an approximate 30-percent increase in total funding… Read More

November 27, 2017 @ 8:19 am By Samantha Hurst  |  

Less than a week after launching its latest equity crowdfunding campaign on Seedrs, short-term peer-to-peer lending platform Welendus has successfully secured its initial 150,000 funding target from more than 100 investors.  As previously reported, Welendus was founded in 2015 and aims to re-define the short-term lending market… Read More

November 24, 2017 @ 10:08 am By Samantha Hurst  |  

Short-term peer-to-peer lending platform Welendus has launched a new equity crowdfunding campaign on Seedrs. The online lender is now seeking £150,000 as it prepares to expand. This campaign launch comes less than a year after Welendus raised £117,580 on Seedrs.  Welendus, which was founded in 2015, aims to re-define… Read More

November 21, 2017 @ 7:01 pm By Erin Hobey  |  

The UK altfin company Growth Street, which surpassed £100 million in online lending earlier this month, is now collaborating with University College London School of Management to give students first-hand experience of using business analytics in a fast-moving commercial environment. The students’ work, which concentrates on predicting a business’s… Read More

November 15, 2017 @ 9:04 am By Erin Hobey  |  

Crowdo, a South East Asian online marketplace for P2P lending and crowdfunding unveiled today its proprietary Artificial Intelligence driven due diligence system, Crowdo ACE, aimed at benefiting both their borrowers and investors. Crowdo ACE takes into account a few thousand unconventional and alternative attributes and… Read More

October 16, 2017 @ 9:50 am By Samantha Hurst  |  

SoFi announced on Friday the closing of a $776.7 million offering of SoFi Professional Loan Program 2017-E notes, which has been dubbed the lending platform’s largest loan securitization. According to the online lender, SoFi 2017-E marks the company’s largest asset-backed securities issue to date and its 10th ABS… Read More

October 12, 2017 @ 12:04 pm By Erin Hobey  |  

Orca, an independent whole of market research service for UK P2P lending, has created a comprehensive guide for investors evaluating P2P lending. “Peer-to-Peer Lending Investor Guide: Innovating an Ancient Credit Model” was created by the Orca team and published on their website today, free to… Read More