June 7, 2017 @ 4:18 am By Jonathan Nieh  |  

It was announced recently that Australia-based P2P lender, Credit Crowd, has joined Othera’s Blockchain Lending Platform and Digital Asset Trading Exchange. By joining Othera’s platform, Credit Crowd is seeking to evolve its P2P lending market by digitizing the trading of P2P loans on the block chain. P2P… Read More

May 30, 2017 @ 7:26 am By Erin Hobey  |  

China Minsheng Investment Group, one of the China’s largest private investment groups and helmed by Dong Wenbiao, has led a RMB1.8 billion ($262 million) pre-IPO investment round in Chinese P2P lender Tuandaiwang, according to multiple news sources. Beijing Yisheng Innovation Technology and Beihai Hongtai Investment also invested in this… Read More

May 30, 2017 @ 5:37 am By Erin Hobey  |  

Indian online P2P lending platform Faircent.com announced a new semi-secure student loan product in collaboration with Bangalore-based micro-lending startups.  Lenders ay also opt for a partly-secured alternative-investment opportunity that delivers a higher return. Under the partnership, college students may fund purchase of items such as laptops, books and… Read More

May 25, 2017 @ 6:48 am By Erin Hobey  |  

ArchOver, a UK P2P business lending platform, has secured full authorization from the Financial Conduct Authority to operate as a P2P lending platform (Article 36H). Since launching in September 2014, ArchOver has facilitated over £35 million of investment over its platform, operating under interim permissions granted by… Read More

May 24, 2017 @ 5:14 am By Erin Hobey  |  

Orca, a leading independent data, research and analysis providers on the UK P2P lending market has announced its plans to launch its own four-factor rating service for individual P2P providers, the Orca Rating. The rating will be designed in partnership with Dublin City University’s Irish Centre for… Read More

May 22, 2017 @ 6:16 am By Erin Hobey  |  

Peer-to-peer lending platform RateSetter has appointed Joanna Wright as Chief Risk Officer. Wright joins RateSetter from GE Capital where she was Chief Risk Officer for GE Capital Bank in the UK, leading a team of over 200 risk professionals with responsibility for prudential and enterprise risks… Read More

May 15, 2017 @ 6:06 am By Erin Hobey  |  

P2P lending platform RateSetter announces that Paul Manduca has been appointed as Non-Executive Chairman. Manduca will join the Board on 1 June and will become Chair on 17 July, when current Chairman Alan Hughes’ three-year term expires. “Lending as an asset class has always been a virtual… Read More

May 13, 2017 @ 10:29 am By JD Alois  |  

Kromtech Security Researchers say they discovered a “massive trove of data” from both businesses and investors on the online lending platform Funding Circle. The data only referenced US based customers and did not impact other markets where Funding Circle originates loans. Reportedly, no data was… Read More

May 8, 2017 @ 12:10 pm By JD Alois  |  

Do you remember the Ezubao Ponzi scheme that ended in the single largest peer to peer lending fraud of all time? Investors, saw approximately 50 billion CNY or about USD $7.2 billion flushed down the tube. Reportedly 900,000 investors were impacted as an astounding 95%… Read More

May 5, 2017 @ 8:18 am By Erin Hobey  |  

Irish P2P lending platform Flender, which secured £501,700 from more than 230 investors during its Seedrs equity crowdfunding round this past January (reportedly the first Irish Fintech platform to successfully complete an equity crowdfunding round), is authorized and regulated by the Financial Conduct Authority under Registration Number… Read More

May 4, 2017 @ 3:09 am By Erin Hobey  |  

Tungsten Network, a leading global business transaction network, and BlueVine, a leading provider of online working capital financing, unveiled a new partnership today that aims to better meet the financing needs of small and medium-sized businesses (SMBs) on Tungsten’s Network. By linking with Tungsten Network,… Read More

April 22, 2017 @ 4:40 pm By JD Alois  |  

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

April 20, 2017 @ 5:22 am By Erin Hobey  |  

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

April 18, 2017 @ 5:55 am By Erin Hobey  |  

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

March 31, 2017 @ 6:43 am By Erin Hobey  |  

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

March 30, 2017 @ 7:37 am By Erin Hobey  |  

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

March 16, 2017 @ 8:56 am By Erin Hobey  |  

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

March 10, 2017 @ 10:59 am By Samantha Hurst  |  

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

March 7, 2017 @ 6:46 am By Erin Hobey  |  

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

February 21, 2017 @ 8:03 am By Erin Hobey  |  

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