Tagged: p2p

Robocash Claims P2P Lending Growing in Popularity in Germany as Interest Jumps by 6.5X Since 2015

Peer to peer platform Robo.cash has published a report indicating growing interest from Germany regarding P2P lending. In a study conducted by the platform, the company said that in 2015 the monthly number of requests related to P2P lending in the country was less than… Read More

UK Peer to Peer Finance Association: Record Number of Lenders & Borrowers Engaged in P2P Lending

The UK Peer to Peer Finance Association (P2PFA) is reporting a record number of both borrowers and investors engaged in the peer to peer lending industry. According to the P2PFA, 150,000+ lenders invested in 321,483 loans during Q2 of 2019. During the three-month period from… Read More

P2P Lender creditshelf to Acquire SME Finance Provider Valendo

creditshelf Aktiengesellschaft has signed a purchase agreement for the acquisition of all shares in Valendo – part of the finleap Fintech ecosystem. According to a company release, the purchase price was in the “low seven-digit amount.” Payment will take place in two separate tranches. creditshelf… Read More

Report: Factors Influencing Malaysian Investors to Invest in Peer to Peer Lending Platforms

The Asian Development Bank (ADB), which aims to support social and economic development in Asia, has published a working paper series in which it noted the intention to make investments in decentralized lending platforms in Malaysia is primarily driven by “trust.” The paper points out… Read More

Canada: Peer to Peer Lender Lending Loop Tops $50 Million in Loans

Canada’s first peer to peer lending platform for SMEs, Lending Loop, has topped CDN $50 million in loans, according to a post by Brendon Vlaar, co-founder and CTO of the company. Lending Loop provides investment opportunities in debt-based securities to both accredited and non-accredited investors…. Read More

Hexindai Announces Support For Regulators’ Decision to Include P2P Platforms in Central Bank’s Credit System

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Tuesday its support for the decision by industry regulators to include the country’s P2P platforms in the central bank’s credit system. The online lender reported that it believes this as a positive move for the P2P… Read More

China: WeiyangX Fintech Review

China to Include P2P lending Industry into Credit System On September 2nd, the special working group for Fintech risk ratification and special working group for online lending administration jointly issued a notice, requiring all p2p lending institutions to be connected to the credit system established… Read More

Robo.Cash Says it Not Just About Euros as Loans in Rubles Garner Interest from European Investors

Peer to peer lender Robo.Cash says that beyond loans denominated in Euros, European investors are expressing interest in Ruble denominated loans. This comes at a time when the Ruble has risen against the Euro by 9%. Robo.Cash states that in a survey conducted on the… Read More

Leading Southeast Asian Peer to Peer Lender Funding Societies Revamps with New Executive Team

Funding Societies, one of the largest peer-to-peer (P2P) lending platforms in Southeast Asia, has revamped its executive team with new hires. Funding Societies provides access to capital to SMEs crowdfunded by both institutional and individual investors. To date, Funding Societies reports over S$ 800 million… Read More

RateSetter Announces New Investment Products & Increases Liquidity

UK-based peer-to-peer lender RateSetter announced on Tuesday the launch of its new investment products. The lending platform reported that its goal is to deliver the most consistent returns and the most liquid investment in peer-to-peer investing. RateSetter noted that its delivery of consistent returns is… Read More

Peer to Peer Lender Folk2Folk Tops £300 Million in Lending

Folk2Folk, a peer-to-peer lender for local, rural and SME businesses, has now surpassed £300 million in lending, according to a company release. Folk2Folk notes that it is the 3rd largest P2P Lender to UK businesses in terms of money lent. Folk2Folk has a unique local… Read More

Hexindai Announces Changes to Management

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Friday it has made some changes to its management team. Hexindai reported that Johnson Qisen Zhang, the online lender’s CFO, has departed from the company and Kerrie Rui Zhang has replaced Johnson as Hexindai’s new CFO. … Read More

P2P Lender The House Crowd Crowdfunds on Seedrs

Peer to peer property investment platform the House Crowd is crowdfunding on Seedrs. Founded in 2012, the House Crowd explains that it has evolved from an FCA regulated P2P platform in the buy to let space to doing multi-million-pound property developments. The House Crowd states:… Read More

Robo.cash Says Interest in P2P Lending Growing in Eastern Europe

Robo.cash, a consumer lender that operates in several European countries as well as Southeast Asia, reports that interest in peer to peer lending in Eastern Europe is increasing. Company analysts claim that the search activity associated with P2P lending in Europe indicates a relative popularity… Read More

Australasia’s Marketplace Lender Harmoney Appoints David Stevens As New CEO

Australasia’s peer-to-peer lending marketplace Harmoney recently announced it has appointed David Stevens as its new CEO. Harmoney reported that Stevens steps into the CEO role in early 2020. The lender’s founder and current CEO Neil Roberts will step away to focus on strategy and product… Read More

Hexindai-Backed Musketeer Completes Registration For P2P Platform With the Indonesian Financial Services Authority

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced last week its invested Indonesian online lending platform, Musketeer Group, Inc. (Musketeer) has completed registration for its peer-to-peer lending platform with the Indonesian Financial Services Authority (OJK). Hexindai notably acquired a 20% equity stake in Musketeer in… Read More

Marketplace for P2P Loans Mintos Tops €3 Billion in Loans Financed

Mintos, an online marketplace that aggregates 65 lending companies, is reporting having topped €3 billion in loans financed. The €2 billion hurdle was surpassed in April thus it appears that Mintos is experiencing increasing velocity. Mintos reports that it currently services over 170,000 investors globally…. Read More

Peer to Peer Lender Fincera Targeted by Local Chinese Government in Demand to Cease Lending Operations

Fincera Inc. (OTCQB: YUANF), a China-based peer to peer lending platform providing access to capital for SMEs, has become the target of a local government attempt to shut down P2P lenders. According to a note from Fincera, the Hebei provincial government, where Fincera is based,… Read More

P2P: Why SME Debt Is A Must-Have For Any Investor Portfolio

Thanks to the rise of peer-to-business (P2B) lending, the concept of Small and Medium Enterprise (SME) debt as an asset class has altered for the better. With low risk of default and high-interest rate returns, it is now possible to invest in SME debt at… Read More

P2P Lender Growth Street Joins Starling Bank’s Marketplace

SME Peer to peer lending platform Growth Street has joined digital bank Starling Bank‘s marketplace, according to a blog post. Excited to announce that GrowthLine is now available on the #Starling Marketplace! It means your business can apply for and manage your GrowthLine all from… Read More

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