Tagged: p2p

March 20, 2020 @ 10:05 am By JD Alois  |  

Twino, a European peer to peer lender, has announced the launch of “Twino ventures” an offering that is said to provide high yield, secured loans. In a release, Twino said the loans will allow investors to participate in real estate projects “carefully selected by a… Read More

March 17, 2020 @ 12:52 pm By JD Alois  |  

Robo.cash, a peer to peer lending platform operating in multiple jurisdictions, has distributed a note indicating that the Coronavirus pandemic (COVID-19) is not impacting P2P investors. Robo.cash states that while global financial markets experience extreme levels of volatility, European P2P investors continue to invest with… Read More

March 11, 2020 @ 11:58 am By JD Alois  |  

Earlier this year, to Estonia-based peer to peer lending platforms, Envestio and Kuetzal, collapsed leaving investors holding empty promises and possibly a complete loss. At the end of January, the Estonian Police and Border Guard posted a notice asking what may end up being a… Read More

March 10, 2020 @ 9:30 am By JD Alois  |  

Fintech Zopa is celebrating 15 years of operation. Founded in 2005, Zopa was the one platform to launch an entire sector of Fintech as it became the first peer to peer lending platform in the UK. Today, Zopa still offers online lending in a more… Read More

March 5, 2020 @ 7:01 pm By JD Alois  |  

Assetz Capital, a UK based peer to peer lender, has topped £1 billion in online lending. Assetz Capital surpassed £500 million in lending in June of 2o18 so the platform is picking up steam. Launched in 2013, Assetz Capital provides access to credit for SMEs,… Read More

March 3, 2020 @ 3:08 pm By Samantha Hurst  |  

UK-based peer-to-peer lender RateSetter recently celebrated RateSetter Innovative Finance ISA’s second birthday. The online lender launched the ISA in February 2018 and claims it has become the UK’s most popular Innovative Finance ISA. As previously reported, RateSetter described the ISA: “The Innovative Finance ISA (IF… Read More

March 3, 2020 @ 8:22 am By JD Alois  |  

Online lending services like peer-to-peer, crowdlending, marketplace lending or direct lending, is predicted to hit $9.6 billion in transaction volume in 2020. A 10% year over year rate of growth, according to a new report. European Fintech loans are expected to hit 1.3 million by… Read More

February 29, 2020 @ 10:49 am By JD Alois  |  

Harmoney a leading online lender operating in New Zealand is winding down its peer to peer lending business. This means retail investors will no longer be able to invest in loans originated on the platform. The news was revealed earlier this month in a blog… Read More

February 27, 2020 @ 8:32 am By Omar Faridi  |  

Compound, an open finance solution provider, has launched a new project that aims to decentralize the governance process for its non-custodial lending protocol and platform. The lending solutions’ developers noted that the platform’s governance token, COMP, will let its holders suggest, discuss, and make changes… Read More

February 26, 2020 @ 7:29 am By JD Alois  |  

Robo.cash, a peer to peer lender and part of the Robocash Group, is reporting a rapid increase in the percentage of P2P loans financed by Singapore based investors. According to a release, in just 2 months €2.1 million of loans or a 5th of the… Read More

February 25, 2020 @ 7:25 am By JD Alois  |  

Singapore based peer to peer finance platform Funding Societies has announced a new partnership with Singapore E-Business Pte Ltd (SGeBIZ). The arrangement seeks to “provide quick financing solutions to local SME suppliers and their buyers.” Funding Societies offers a diverse range of loan products, that… Read More

February 24, 2020 @ 1:21 pm By JD Alois  |  

Last month, Crowdfund Insider reported on two debt-based investment platforms based in Estonia closing their doors leaving investors with many questions and apparently no money. Envestio tweeted that the problem had to do with a “well-planned set of actions aimed to cause significant financial and… Read More

February 17, 2020 @ 8:12 am By Samantha Hurst  |  

Propifi, a UK-based peer-to-peer lending platform, announced on Monday the launch fo its new innovative Finance ISA (IFISA) eligible investment opportunity. Propifi revealed that this is the first investment opportunity launched through its P2P platform that is eligible for IFISA investment and will enable individuals… Read More

February 13, 2020 @ 1:41 pm By Samantha Hurst  |  

Santander announced on Thursday it has appointed Trish Burgess as its new Head of Peer-to-Peer Payments. Santander reported that the appointment supports the bank’s commitment to providing customers with “best-in-class payment solutions” as part of its digital transformation. According to Santander, Burgess joins the Santander team… Read More

February 5, 2020 @ 9:11 am By JD Alois  |  

Twino and Via SMS, two Latvia based online lending platforms, are joining forces to enter the Asia-Pacific market, according to a release. The two companies are launching a consumer lending platform names Vamo in Vietnam as their first step in the new venture. The two… Read More

January 31, 2020 @ 5:58 am By JD Alois  |  

Folk2Folk, a localized peer to peer lending platform, is reporting a “record year” regarding its Innovative Finance ISA (IFISA) offering during 2019. The company states that it accepted £10.5 million in IFISA investments, more than double that of the previous 18 months. Folk2Folk says that… Read More

January 29, 2020 @ 1:27 pm By JD Alois  |  

goPeer, a peer to peer lending platform, has received regulatory approval as an exempt market dealer in both Quebec and Ontario. In Canada, financial services are regulated at the provincial level and thus most aspiring Fintechs must receive approval to operate in each province.  goPeer… Read More

January 27, 2020 @ 3:55 am By JD Alois  |  

Linked Finance, a peer-to-peer lending platform based in Ireland, has launched five-year unsecured business loans for Irish SMEs, according to a company release. Linked Finance will now offer unsecured loans of up to €300,000 to Irish companies “with more complex funding requirements.” The company describes… Read More

January 23, 2020 @ 9:25 pm By JD Alois  |  

Funding Circle (LSE:FCH) posted an update on investor returns earlier today. Currently, the online lender offers two different investment opportunities for investors: Conservative or Balanced. The update effectively included no new news as projected rates remained the same as previously expected: Balanced: 4.5% to 6.5%… Read More

January 13, 2020 @ 8:34 am By JD Alois  |  

Just as it has been revealed that the UK Peer to Peer Finance Association (P2PFA) has disbanded, Innovate Finance has announced the creation of 36H Group to take its place. Innovate Finance described 36H as a “united voice for lending platforms that accept retail investments.”… Read More