Tagged: p2p lending

Growth Street Reports Rapid Growth as 600 Investors Sign Up in Just 5 Months

Peer to peer lender Growth Street is reporting solid growth. The online lender said it has captured over 600 investors since platform launch at the end of 2016. Growth Street is a platform that provides online financing options for UK SMEs. The company also touted its… Read More

Harvard Kennedy School Study Recommends P2P Marketplace Policy Overhaul

The proliferation of P2P marketplace, and most importantly online lending brings a competitive challenge for existing financial institutions that is here to stay. Its meteoric rise has provoked regulators around the world to deliberate on the new models of oversight needed to benefit consumers and… Read More

Straight Forward P2P Lending: CEO Stephen Findlay Comments on BondMason’s New SIPP Service

In response to growing demand from investors in search of better investment returns for their pensions, UK P2P service provider BondMason has launched a new Self-Invested Personal Pension (SIPP) service. “P2P Lending is an increasingly attractive asset-class, however SIPP administrators are rightly concerned with the practical difficulties of monitoring… Read More

Growth and Expansion: Crowdo Launches in Singapore, Partners with SGX & Plans ECF Platform

Crowdo has launched its securities crowdfunding platform today at the Singapore Exchange (SGX) hosted ‘Plugged In’ event during which Crowdo Co-Founder and CEO Leo Shimada gave the keynote address. The event was also the forum for the official announcement of Crowdo’s strategic partnership with the SGX. Crowdo’s… Read More

Orca Makes a Splash: Launches Beta Platform to Streamline P2P Market Investment

Orca, an independent data, research and analysis provider in the UK P2P lending market, launched a new platform which aims to help financial advisers and sophisticated investors to better “seize” opportunities within the P2P market. The platform, by offering unique standardized metrics to compare P2P investments, will allow users to perform in-depth… Read More

Gaining Traction: Singapore P2P Lender Silver Bullion Hits 1000 Loan Milestone, Over S$27M Lent

Launched only 19 months ago, Silver Bullion Pte Ltd‘s bullion has secured P2P loan platform has matched 1000 loans. While it took roughly 13 months to match its first500 loans, it took only another 6 months for Silver Bullion to reach 1000 loans. One of… Read More

RateSetter Releases Performance Statistic Update

P2P lender RateSetter announced on Friday it has updated its performance statistics. According to the lending platform, a new set of fields on the Performance by year means investors may now view the amount lent by year, which is broken down by lending type. The… Read More

P2P Lender RateSetter Partners with Mortgage Aggregator Connective

P2P lender RateSetter announced a partnership with national mortgage aggregator Connective which aims to give accredited brokers access to their personal loan products. “We believe natural synergies exist between Connective and RateSetter given both companies were founded as industry disruptors which challenge the status quo… Read More

Armed with $200M in Lending Capital, Harmoney Launches in Australia

Now the New Zealand-based marketplace lender Harmoney has launched in Brisbane, Australia with over $200M in lending capital targeting the  40+ demographic , according to Australian Broker. Interest rates on the company’s unsecured loans start at 8.99% p.a. with no early repayment fees and the ability to borrow… Read More

CEOs Segal & Koota Comment on Artoo’s Partnership with Grameen Koota

Grameen Koota, a pioneer in rural lending, is expanding its product portfolio and venturing into individual lending for its rural customer base by partnering with fintech firm Artoo. Grameen Koota plans to develop a digital lending model to launch individual business loans utilizing Artoo’s intelligent digital platform… Read More

Student Micro-Financing Startup SlicePay Acquires P2P Lender Trustio

Lending startup SlicePay has bought Delhi-based P2P lending platform Trustio in an all equity deal which the former hopes will strengthen its team, product portfolio and infrastructure. Trustio, launched last year, enables alumni of a select number of colleges access to short-term credit sourced from their… Read More

Assetz Capital CEO Stuart Law Shares His 2017 P2P Lending Predictions

Nearly one month after ringing in the new year, Stuart Law, CEO and co-founder of peer-to-peer lending platform Assetz Capital, provided his alternative finance predictions for 2017.  Law’s upcoming year’s predictions come just after Assetz Capital announced it originated £200 million in loans since launching in 2013. As previously reported,… Read More

LendingCrowd Preps IFISA for Q1 2017, Highlights 2016 Accomplishments

LendingCrowd, a UK alternative finance lender to the SME market, is readying to launch an Innovative Finance ISA (IFISA) during Q1 of 2017, said to be one of the first launched in the UK alternative finance sector. The launch follows a record year for LendingCrowd during which it… Read More

P2P Platform Flender Surpasses £485,000 During the Final Week on Seedrs

With less than a week until its Seedrs campaign comes to an end, P2P lending platform Flender has secured 98% of its £500,000 funding target (more than £485,000) from 225 investors.  As previously reported, Flender is authorized and regulated by the Financial Conduct Authority under… Read More

Funding Circle to Receive An Extra £40 Million From British Business Bank For Small Business Lending

Funding Circle announced on Thursday that government-owned British Business Bank would begin lending a further £40 million directly to small businesses through the marketplace lending platform. The website confirmed that this news comes less than two years after an initial £40 million investment by the British Business… Read More

P2P-Banking’s Lehmann: Predictions for 2017 (Infographic)

The following table from P2P-Banking.com shows loan originations in P2P lending marketplaces during December 2016, with Funding Circle (114.1M) significantly leading Ratesetter (68.2M euro), Zopa (60.2 M euro) and LendInvest (24.9M euro). Lendix reports an all time record month at 7.7 million euros in loan origination…. Read More

Latvian P2P Lender Mintos Debuts Multi-Currency Investment Opportunities

Peer -to-peer lending marketplace Mintos announced on Thursday it is now offering multi-currency investment opportunities. Investors on the platform may now have the opportunity to invest in loans denominated in Czech koruna and the lender stated that by facilitating investments in multiple currencies, it is… Read More

ThinCats Appoints Jill Sandford & Damon Walford New Board of Directors Members

Peer-to-peer lender ThinCats announced on Wednesday it appointed Jill Sandford and Damon Walford to the board of directors. According to the lender, both Sandford and Walford will be responsible for driving business growth, with a specific focus on originating loans and broadening the platform’s network… Read More

Growth Street’s James Sherwin-Smith: Over £34M Has Been Matched on Platform to Date

Growth Street announced last week it would now accept individual retail investors on its peer to peer lending platform. They may do this now as they are an FCA registered Appointed Representative pursuant to a partnership with another firm.  Growth Street, which was founded in 2013 by Sherwin-Smith… Read More