Tagged: p2p

March 21, 2019 @ 6:20 am By JD Alois  |  

Peer to peer lending platform The House Crowd has surpassed £100 million of invested capital through its platform. The House Crowd said the past year has been pivotal for the platform as the UK property market slowed. The Manchester-based online property lender reported several new… Read More

March 13, 2019 @ 2:21 pm By Samantha Hurst  |  

Following its Series C funding round, which secured $1.3 million, Chinese peer-to-peer lending platform Lufax Holding has reportedly increased its total estimated valuation to $39.4 billion. Launched in 2012, Lufax provides professional investment and financial services for SMEs and individual customers. The platform is also… Read More

March 12, 2019 @ 7:51 am By JD Alois  |  

Peer to peer lending platform Folk2Folk has relaunched their entire product line. Folk2Folk is a unique online lender as it targets localized loans and has a strategic local presence across the UK. Folk2Folk explained the changes in a release where management said the range of… Read More

March 7, 2019 @ 5:59 am By JD Alois  |  

Downing LLP has acquired the peer to peer lender Funding Empire, the company behind Downing Crowd’s platform technology. Funding Empire is the trading name for Tally Marketplace Lending Ltd. Downing LLP is an FCA authorized and regulated investment manager which operates the crowdfunding platform, Downing… Read More

March 6, 2019 @ 1:32 pm By JD Alois  |  

The UK Peer-to-Peer Finance Association (P2PFA) has published fourth quarter numbers for member platforms. According to their data, cumulative lending now tops £9.5 billion with over £800 million originated during the period. The P2PFA states that platforms facilitated loans worth nearly £3 billion during 2018…. Read More

March 4, 2019 @ 3:51 am By JD Alois  |  

Beehive, a peer to peer lending platform servicing SMEs in the MENA region, has closed on $4 million Series B funding round, according to a release from the platform. This most recent funding brings the Fintech’s total raised to $15.5 million since platform launch. The… Read More

February 28, 2019 @ 5:37 am By Erin Hobey  |  

The European P2P investment platform Robo.cash recently conducted a survey among P2P investors. According to its results, the popularity of P2P investments is on the rise: 69% of the respondents started investing over the last two years, and 35% of investors allocated more than €10,000… Read More

February 27, 2019 @ 9:24 am By JD Alois  |  

Orca Money is finally launching its long-anticipated Innovative Finance ISA (IFISA). Orca’s spin on the savings vehicle allows investors to spread their money across multiple peer-to-peer lenders (P2P) thus providing a heightened degree of diversification. Additionally, Orca Money conducts due diligence on behalf of IFISA investors…. Read More

February 26, 2019 @ 8:00 am By JD Alois  |  

CrowdProperty, a UK based peer to peer lender, is reporting a couple of milestones. Following the funding of the 70th project, CrowdProperty says it has now funded 500 UK homes worth more than £80 million. The P2P lender says over £30 million has been lent… Read More

February 26, 2019 @ 4:16 am By Erin Hobey  |  

FCA-regulated P2P lender Albrate has surpassed its initial £350,000 Crowdcube crowdfunding target, having secured over £456,325 for 1.72% equity from more than 166 investors. Ablrate aims to not just be a peer to peer lending platform but an “integrated deal financing platform for the alternative finance industry.” “Ablrate brings lenders… Read More

February 20, 2019 @ 4:17 pm By Samantha Hurst  |  

UK-based peer-to-peer lender RateSetter recently announced its ISA has exceeded expectations in its first year, having attracted £175 million of subscriptions, and currently accounts for one-fifth of the platform’s £830 million funds under management. RateSetter unveiled its ISA in February 2018. It allows investments in peer-to-peer loans to… Read More

February 13, 2019 @ 3:25 pm By Therese Torris  |  

Düsseldorf-based Fintech auxmoney has surpassed its targets in 2018. Loan volume increased by 74 percent compared to 2017. Raffael Johnen, Founder and CEO of auxmoney, commented: “While the major German banks are in crisis mode, the leading German fintechs are always setting new records. With… Read More

February 11, 2019 @ 8:09 am By JD Alois  |  

Peer to peer lending research firm 4thWay has published a note touting the benefits of investing in P2P loans in contrast to more volatile equity investing. 4thWay says that Brexit induced market volatility should compel investors to consider investing in online loans. 4thWay says it is… Read More

February 7, 2019 @ 6:57 am By JD Alois  |  

Peer to peer lending platform Kuflink has launched a secondary market to provide liquidity for investors in their property backed loans. Kuflink said this was the first of several new enhancements planned for 2019. The platform said that lenders can list most loan parts on… Read More

February 6, 2019 @ 10:49 am By Samantha Hurst  |  

UK-based business lender Growth Street announced recently announced that investor returns up by 16.7% in 2018 through its peer-to-peer investment platform. Founded in 2013, Growth Street’s main mission is to help businesses grow. The platform has already matched £175 million of investors’ funds with growing businesses since… Read More

February 5, 2019 @ 3:53 pm By Samantha Hurst  |  

Finland based peer to peer lender Fellow Finance announced on Tuesday its platform hit a record-breaking milestone by facilitating €18.5 million of loans in January 2019. The online lender reported that the total number of investors also grew to 11,205. As previously reported, Fellow Finance was founded in… Read More

January 31, 2019 @ 1:21 am By Therese Torris  |  

At the Paris Fintech Forum, Charles Egly, Co-founder & CEO, Younited Credit highlighted his company’s latest achievements and the recent strategic development of its Credit-as-a-service offering. Among the achievements, Younited Credit announced that it passed the €1 billion mark in consumer credit origination. Among direct… Read More

January 30, 2019 @ 1:00 am By Therese Torris  |  

The Paris Fintech Forum gathers more than 2,500 participants this week in Paris at the old stock exchange to meet hundreds of Fintechs and listen to more than 200 CEOs, heads of government and regulation agencies, as well as luminaries such as Ms Christine Lagarde,… Read More

January 24, 2019 @ 7:55 am By JD Alois  |  

Peer to peer lender Albrate is raising growth capital on Crowdcube. The asset backed online lender recently opened up the offer privately raising just shy of £100,000 from 58 individual investors. Albrate has a crowdfunding target of £350,000. Ablrate is a peer to peer lender… Read More

January 23, 2019 @ 10:44 am By JD Alois  |  

Finland based peer to peer lender Fellow Finance is now operating in Denmark. The company says it will offer Danish consumers access to credit while Fellow Finance investors will be able to fund Danish loans. Currently, Fellow Finance provides consumer loans in Finland, Germany, Poland, and… Read More