Tagged: p2p

Assetz Capital Expansion Continues with New Hire for South Wales

Peer-to-peer lender Assetz Capital has appointed former Handelsbanken Branch Manager and Barclays Business Development Director, Mark Standley, to oversee their South Wales operations. Prior to his roles at Handelsbanken Cardiff and Bridgend, Standley was with Barclays leading a mid and large corporate business development team… Read More

Kuflink’s P2P Lending Platform Receives FCA Authorization

On Thursday, Kuflink received full authorization from the Financial Conduct Authority (FCA) for its peer-to-peer lending platform. According to the registration, Kuflink has been given permission to provide regulated products and services, which includes accepting deposits, provide credit to consumers, offer investment advice, and arrange deals with… Read More

The House Crowd Celebrates Five Years of Property Crowdfunding

Manchester property crowdfunding, the House Crowd,  is celebrating five years of operations having raised more than £44 million since it launched it 2012. According to the platform, the House Crowd now serves over 15,000 investors who have received over £9 million in returns. The House Crowd… Read More

On 4 Year Anniversary Assetz Capital Has Lent £240 Million & Expects to Double That in the Next Year

Peer to peer lender Assetz Capital is celebrating four years in operation. The platform reports that during these past years, it has originated £240 million in lands. Assetz Capital plans to double the figure within the next 12 months. “We’ve seen the company go from… Read More

Alfa Finance Launches New P2P Lender DoFinance

Latvia based Alfa Finance Group has launched a new peer to peer lending platform named DoFinance.  The company stated it had invested €2 million to get the P2P lender up and running. The online lender is said to be available in all EU and EEA countries…. 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

P2P Lender China Rapid Finance Sets Terms for US IPO

  China Rapid Finance, a peer-to-peer (P2P) lender based in Shanghai, China, announced that it has set the terms for its upcoming US IPO. The company plans to raise $105 million through the offering of 10 million shares priced between $9.50 to $11.50 a share. At… Read More

Assetz Capital Temporarily Increases Interest Rate on 30-Day Access Account

Assetz Capital, a UK-based peer-to-peer finance platforms, has raised the interest rate on its 30 Day Access Account (30DAA) by 0.5% to 4.75% for a limited time.  The 30DAA allows peer-to-peer lenders to invest automatically in loans and features automatic diversification to spread risk. The… Read More

Australian Property Lending Platform LendEx Appoints Two New Board Members

LendEx, a leading Australian peer-to-peer lending platform for direct commercial property lending, has appointed two new prominent board members as non-executive directors. LendEx has added Brian Benger and Kim Jenkins to help guide the growing online lender. Benger said he was delighted to join the LendEx… Read More

Crowd Genie Receives Regulatory Approval from MAS

Crowd Genie, a small business lending platform, has received regulatory approval from the Monetary Authority of Singapore (MAS). Crowd Genie was granted a Capital Markets Services (CMS) license from MAS, an important development for the peer to peer lending platform. Crowd Genie has been in… Read More

Back in the Game: Renaud Laplanche Launches Upgrade, a Consumer Credit Platform [u]

Renaud Laplanche, the founding CEO of Lending Club, has announced the launch of a new consumer credit platform aptly entitled Upgrade.  The online lender was described as a new iteration of online lending that combines the best of marketplace lending and consumer services such as… Read More

What’s Up with WhatsApp In India?

WhatsApp seems to be laying down the groundwork for a P2P operation in India. The Facebook-owned global messaging service is currently advertising for a digital transaction lead with experience of UPI, Aadhaar and BHIM, seen as the precursor to a possible P2P payments service launch in India, according to multiple… Read More

Kreditbörsen Launches Peer-to-Peer Lending Service in Sweden

Kreditbörsen (the credit exchange), a part of Sweden-based LendyTech , has launched a peer-to-peer lending service for borrowers and investors. The LendyTech group is described as a Fintech group with a global focus. LendyTech currently operates Kreditbörsen, SCG and LendySoft.  Each of the platforms forcuses on the credit… Read More

RateSetter Business Finance Adds Relationship Manager Amanda Sharp

  RateSetter has appointed Amanda Sharp as Regional Relationship Manager for London and the South East. Sharp previously spent 35 years with RBS Group. While at RBS, Sharp spent 20 years in the Business and Commercial division working with SMEs. Sharp has joined RateSetter to… Read More

Proplend Receives ISA Manager Status For IFISA

Proplend recently announced HM Revenue & Customs (HMRC) approved its application for ISA manager status for IFISA. The online lender previously revealed its plans to apply for this status after it received full regulatory authorization from the Financial Conduct Authority (FCA). While sharing details about the ISA… Read More

Loan Validation Firm Global Debt Registry Adds Prosper to Network

Global Debt Registry (GDR), a loan validation platform for institutional investors, has added leading online lending platform, Prosper Marketplace to its verification network. GDR says the partnership will enable Prosper investors access to their due diligence tools to ensure loan data integrity. Prosper successfully piloted… Read More

Greg Carter Replaces James Sherwin-Smith as Growth Street CEO

Growth Street,  an online lender focusing on SME loans, has announced that founder Greg Carter has assumed the CEO position at the platform replacing James Sherwin-Smith. Carter has been Growth Street’s Chief Risk Officer since its launch. Carter founded Growth Street while working at Arts… Read More

P2P Lending Platform Landbay Reduces Product Rates & Fees

UK-based peer-to-peer lending platform Landbay has reportedly reduced its product rates and fees. According to various sources, Landbay’s rates are now starting at 3.39% for a 2-year fix and 3.59% for a 5-year fix, with arrangement fees up to 75% on standard products, which were… 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

Bond Street to be Featured in NerdWallet’s Small Business Lending Tool

Bond Street, an online lender for small businesses, and NerdWallet, have partnered to provide access to SME loans. As part of the partnership, Bond Street will be featured on NerdWallet’s Small Business Loan Tool, along with other lenders that provide capital to small businesses across the… Read More