Tagged: p2p lending

March 13, 2015 @ 10:01 am By Erin Hobey  |  

2005: A Zopa Odyssey In these weeks, Zopa has celebrated a decade as a innovative and disruptive alternative financial leader.  Led by CEO Giles Andrews,  Zopa has lent over £750 million and predicts it will top £1 billion within the next couple of months.  To recap, in… Read More

March 12, 2015 @ 12:42 pm By Erin Hobey  |  

EVEN Financial today announced it has raised $2.8M in seed funding. The round was led by Canaan Partners, who also led the first venture-backed investment rounds for Lending Club and Orchard Platform in the P2P lending market. Other investors include Lerer Hippeau Ventures, Ron Suber of Prosper, Brooklyn Bridge Ventures, Conversion Capital, Social Leverage, 555… Read More

February 11, 2015 @ 7:00 am By Erin Hobey  |  

  David Haber is the co-founder, CEO and visionary behind Bond Street, an online lender that empowers small businesses by providing financing in a simple, transparent and fair way. Haber leads Bond Street’s overall company vision, strategy, fundraising and business development functions. Through Bond Street, Haber aims to… Read More

February 10, 2015 @ 12:37 pm By Erin Hobey  |  

  The latest peer-to-peer lender to set up shop in the Australian market, ThinCats Australia has introduced something different to the model by using finance brokers as intermediaries. ThinCats Australia is a joint venture between local investors and ThinCats UK, which was established in 2011 and to… Read More

February 10, 2015 @ 11:18 am By Erin Hobey  |  

CircleUp announced a new partnership with the leading online financial advisor, Personal Capital. Members can track their CircleUp investments in the Personal Capital app, across both desktop and mobile devices. The integration aims to allow investors to centralize their public and private market investments for the… Read More

February 10, 2015 @ 8:00 am By Erin Hobey  |  

Cloud Lending Solutions, the industry’s only end-to-end lending solution built natively on Salesforce.com, today announced its new customer LendingPoint, a non-bank direct lender that aims to meet consumer demands for online borrowing options. LendingPoint has successfully used Cloud Lending as a foundation to go from concept… Read More

February 9, 2015 @ 1:47 pm By Erin Hobey  |  

Monexo recently launched its peer-to-peer (P2P) lending platform in Hong Kong.  Co-founder, Mukesh Bubna, enters the space with 20 years experience in consumer banking throughout Asia,  including 18 years at Citibank in Asia where he spent 10 years in product and marketing. Prior to that he was CFO, and… Read More

February 9, 2015 @ 1:11 pm By Erin Hobey  |  

Yinfu Gold Corporation (“ELRE”) (OTC PINK:ELRE) today announced that it is in the process of acquiring Dongguan YouDai Financial Information Services Co., Ltd (YouDai), a P2P lending platform, from Eternal Fairy International Ltd., (EFI), a British Virgin Island corporation. ELRE has executed an agreement to acquire… Read More

February 9, 2015 @ 12:57 pm By Erin Hobey  |  

BorrowersFirst, a next-generation lending platform that provides personal consumer loans, announced that seasoned financial services executive Dave Tomlinson has joined the company as president and CEO, as well as appointed to the company’s Board of Directors. Tomlinson chose to join BorrowersFirst because of its unique value… Read More

January 30, 2015 @ 10:40 am By Erin Hobey  |  

“PEER-to-peer lender P2P Global Investments yesterday saw its C-shares rise from 1,000p to 1,057.50p, an increase of 5.75 per cent on their first day of trading. The investment trust raised £250m in a heavily over-subscribed C-share issue, giving the rapidly expanding peer-to-peer lending sector a further… Read More

January 30, 2015 @ 9:48 am By Erin Hobey  |  

The peer-to-peer lending industry in the UK lent just over £1.2 billion in 2014 according to new figures released today from the Peer-to-Peer Finance Association (P2PFA). The sector has now lent more than £2.1 billion in total, doubling in size since the end of 2013, says the… Read More

December 29, 2014 @ 9:42 am By Erin Hobey  |  

In his blog on Spend Matters Network, David Gustin eloquently highlights several themes that impact the world of business credit during 2014: “The first of course is the rise of alternative lending products that go by such categories as online receivable auctions, private pcard exchanges, and peer… Read More

December 23, 2014 @ 8:00 am By Erin Hobey  |  

The European Alternative Finance Benchmarking Survey deadline has been extended until 6 January 2015. In late November  The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. As readers may know, this is the largest… Read More

December 19, 2014 @ 9:41 am By Erin Hobey  |  

The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations in November. As readers may know, this is the largest study to date on crowdfunding, peer-to-peer lending and other forms of… Read More

December 15, 2014 @ 2:33 pm By Erin Hobey  |  

Ari Fine has been named chief operating officer of Yield Crowd, a marketplace lending platform for alternative, asset-based investments. Fine, a recent Cornell University graduate, joined Yield Crowd from Venture for America’s first class of Miami fellows. VFA is a two-year fellowship that matches recent graduates with… Read More

December 15, 2014 @ 1:49 pm By Erin Hobey  |  

Cloud Lending, the industry’s end-to-end lending solution built on Salesforce.com, today announced the launch of CL Marketplace, a unified cloud platform that simplifies and automates the entire loan process in marketplace lending. CL Marketplace is the latest addition to Cloud Lending’s suite of cloud-based industry… Read More

December 12, 2014 @ 2:36 am By Erin Hobey  |  

In recent weeks  The University of Cambridge has teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. This is the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in… Read More

December 11, 2014 @ 5:15 am By Erin Hobey  |  

In November The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. This is the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe.  This benchmarking… Read More

December 8, 2014 @ 11:47 am By Erin Hobey  |  

Mambu, a cloud banking technology platform provider that works with more than 100 financial innovators worldwide, including Banco Macro, Opportunity International,  Mentors International, and Yale University, uniquely sits at the nexus of the transformation and financial inclusion markets, where new applications and the cloud’s agility… Read More

December 5, 2014 @ 2:00 am By Erin Hobey  |  

As readers know,  The University of Cambridge has teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. This is the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in Europe…. Read More