Tagged: p2p

European P2P Lender Bondora Reports 2021 Return Rates Still Staying Above Target

The team at European P2P lending service provider Bondora notes that while return rates on their platform originations declined in June when compared to figures from May 2021, returns over the most recent few years “were still above their target rates.” The Bondora team has… Read More

PKT Pal Seeks to Enable Users to Monetize Internet Bandwidth

PKT Pal this week launched a plug-and-play device that is said to monetize internet bandwidth. The PKT Cube gets inserted into a home internet connection and pays participants every minute in their cryptocurrency PKT to maintain connectivity to a fully decentralized, open-source network. PKT Cash… Read More

Strong P2P, NFC Growth Forecast Through 2029

Strong growth in the global peer-to-peer (P2P) money transfer market is among the findings included in a new report from Research and Markets. The mobile P2P global money transfer market is expected to grow at a CAGR in excess of 18 per cent between now… Read More

JustUs Says Global Rollout for P2P Platform Ready, Plans Expansion into US

JustUs, a UK-based peer-to-peer lender, says it has updated its investment platform is ready to expand its services into both Europe and the US. According to a post by JustUS founder and CEO Lee Birkett, crowdfunding will be available in the US later in July:… Read More

P2P University Recruitment Platform Unibuddy Raises $20M Series B

P2P university recruitment platform Unibuddy has raised $20 million in financing in a Series B round led by Highland Europe and also featuring Stride.VC. Since its 2017 debut, Unibuddy has raised $32 million in total. More than 200 universities around the world have signed on… Read More

Overfunding: Eastern Europe P2P Lending Platform Fagura Quickly Surpasses €200,000 Funding Target Through Seedrs Investment Round

Fagura, an Eastern Europe peer-to-peer (P2P) lending platform, has quickly secured its initial €200,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round, which recently made its debut, has already attracted nearly 175 Seedrs investors so far. Founded in 2018, Figure states it is a… Read More

Czech P2P Lender Bondster Says Loan Volume Returns to Pre-COVID Levels

Peer-to-peer lender Bondster says that lending volume has returned to pre-COVID levels during the month of April, according to a note from the company. Bondster, a Czech Republic-based platform, says P2P loans saw a significant decline in interest during the last year’s outbreak of the… Read More

P2P Crypto Exchange Paxful Continues to Expand Operations with DingConnect Partnership

Peer to peer crypto exchange Paxful, which recently topped $5 billion in total trades via its platform since its launch, has teamed up with international mobile recharge powerhouse DingConnect in order to give users a chance to run their own “global business.” As noted in… Read More

Malaysia Co-Investment Fund Makes RM165 Million Investment in Over 5,300 Equity Crowdfunding, P2P Initiatives

The Malaysia Co-Investment Fund (MyCIF) has reportedly made a co-investment of RM165 million (appr. $40.27 million) in 5,349 equity crowdfunding and peer-to-peer financing (P2P) initiatives, which aims to benefit 1,197 Malaysian MSMEs by the end of last year. Since its October 2019 launch, these Malaysia-based… Read More

Milestone: Paxful Hits $5 Billion & Has More Than More Than Six Million Users

    Paxful, a leading peer-to-peer (P2P) Bitcoin (BTC) marketplace, announced on Tuesday its platform now has more than $5 billion has been traded to date on its platform and that it now has over six million users. Founded in 2015, Paxful describes itself as a… Read More

P2P Lender Folk2Folk Reports Strong Start for IFISA

Folk2Folk, a peer-to-peer lender serving UK SMEs, is reporting a big start to the new tax year for its Innovative Finance ISA (IFISA). According to the company, the first week of the new 2021/22 tax year saw a 200% increase in ISA inflows compared to… Read More

Linked Finance Surpasses €150 Million in Peer to Peer Lending

Linked Finance, a peer-to-peer lending platform serving Ireland, has surpassed €150 million in loans to Irish SMEs, according to a note from the company. The milestone was passed as the company issued €9.6 million in loans in the first quarter of 2021, up 4% versus… Read More

Barclays Set to Shut Down P2P Payment App Pingit on June 30, 2021

  Barclays is set to shut down its P2P payment app, Pingit, on June 30, 2021. In February, Barclays announced it would be shutting down the service in 2021, but did not give an exact date at the time. The system was notably launched in February 2012 and… Read More

P2P Investor Explains why we Should Still Consider Investing in Peer to Peer Loans Offered by Bondora, Others

European P2P lending platform Bondora recently looked into whether there are any arguments in favor of “still investing” in loans offered via peer to peer platforms this year. As stated in a blog post on the Bondora website, we should still consider investing in P2P… Read More

Unique P2P Lender Folk2Folk Says it Will Top £1 Million Profit for Fiscal Year

Folk2Folk, a unique peer-to-peer lender serving SMEs that operates multiple physical locations, has announced it expects to turn a seven-figure profit for its 2020 financial year. According to Folk2Folk, the anticipated profit of around £1 million is a significant increase from the company’s pre-tax profit… Read More

creditshelf’s Co-Founders Dr. Tim Thabe and Dr. Daniel Bartsch See Management Contract Extended through 2023

creditshelf Aktiengesellschaf has announced that its management board has renewed contracts with the Fintech’s c0-founders Dr. Tim Thabe and Dr. Daniel Bartsch. Thabe and Bartsch will continue to run the company until at least the end of 2023. Simultaneously, Dr. Mark Währisch is said to… Read More

P2P Platform Reports that Gold, Crypto, Followed by P2P Loans are Top Assets for 2021

Robo.cash, a peer-to-peer lending marketplace, says the top asset classes for investing in 2021 are gold, crypto followed by peer to peer loans. Robo.cash says that researchers analyzed 10 popular assets and ranked them in 7 different criteria. All assets were given a score of… Read More

P2P Lending Platform Loanpad Set to Close Seedrs Campaign With More Than £420,000 Raised

  Loanpad, a UK-based peer-to-peer (P2P) lending platform, is set to close its equity crowdfunding campaign on Seedrs with more than £420,000 raised. The funding round, which launched last month, originally sought to raise £250,000. It has so far attracted more than 360 Seedrs investors. Founded in 2015,… Read More

4thWay Report: Investors in a Diversified Basket of Peer-to-Peer IFISAs Made Solid Returns

4thWay, an independent ratings agency for the peer-to-peer lending industry, is out with a report on the performance of P2P investing over the past 15 years. The company states that all 15 years of activity have been profitable for investors even during the Great Recession… Read More

Folk2Folk Says IFISA is Experiencing Ongoing Growth

Peer-to-peer lender Folk2Folk says they are experiencing ongoing inflows for its Innovative Finance ISA (IFISA) – a tax-free retirement savings account. Launched in July 2017, the IFISA has reportedly seen year-on-year growth attracting a cumulative total of more than £26 million in ISA funds. Inflows… Read More

Send this to a friend