Tagged: p2p

February 13, 2017 @ 10:18 pm By JD Alois  |  

In the online lending world, there are a handful of people that know everything that is going on. From the good to the not so good, their vantage point is unique. Ram Ahluwalia, CEO and co-founder of PeerIQ, is one of these individuals. Ahluwalia launched PeerIQ in… Read More

February 13, 2017 @ 2:20 pm By Samantha Hurst  |  

Hong Kong’s peer-to-peer lending platform Monexo announced on Monday it now has an undisclosed strategic partner. Founder and CEO of the online lender, Mukesh Bubna, reportedly stated that the new partner may be a domestic private equity fund. Bubna shared: “In 2017, our aspiration is… Read More

February 11, 2017 @ 7:00 am By Jessica Pham  |  

Crowdfund Insider had a chance to interview CEO of Kuflink Tarlochan Garcha to learn more about his company’s platform. Garcha has over 17 years of experience working with two global banks– Barclays and NatWest.  He has worked with companies at all stages:  from inception to start-up and… Read More

February 10, 2017 @ 10:04 am By JD Alois  |  

Therese Torris, Senior Contributing Editor for Crowdfund Insider, recently visited the offices of Misys to discuss alternative finance. Misys is a large UK based financial services software provider offering solutions for retail and corporate banking along with capital markets applications.  Misys claims more than 2000… Read More

February 10, 2017 @ 1:07 am By JD Alois  |  

Fellow Finance Oyj in Helsinki is one of the largest crowdfunding services in Northern Europe offering peer to peer lending for both consumers and SMEs. The alternative finance provider was founded by CEO Jouni Hintikka, COO Teemu Nyholm, and Director Harri Tilev. To date, Fellow Finance… Read More

February 9, 2017 @ 8:14 am By JD Alois  |  

Online lender ThinCats predicts a major recruitment drive for 2017. The Peer to Business lender has just appointed as Business Development Executive for its Origination Team. ThinCats says Takhar is just one of multiple strategic hires designed to boost growth and strengthen reach into the… Read More

February 8, 2017 @ 10:30 am By JD Alois  |  

Lending Works has launched its Innovative Finance ISA (IFISA). The peer to peer lender says it is the “first: major UK platform to offer the IFISA. The IFISA is a new category of ISA set up exclusively for peer to peer lending investment. The IFISA… Read More

February 8, 2017 @ 7:50 am By JD Alois  |  

Bond Mason: Over half of wealth managers would now recommend direct lending as an alternative to mainstream cash products. BondMason has published its Market Report 2017 reviewing the trends in the UK peer to peer lending market.  BondMason is a platform that provides investors a… Read More

February 7, 2017 @ 5:13 pm By Samantha Hurst  |  

On Tuesday, P2P lending platform Saving Stream announced its value of outstanding loan book grew by 126% during 2016. In its year review, Saving Stream stated over the last year, its outstanding loan book increased from approximately £73m in December 2015 to £165m in December… Read More

February 6, 2017 @ 11:02 pm By JD Alois  |  

A report in China News says there was a “surge in problematic peer to peer online lending” during 2015 and 2016. Referencing financial news portal Finance.ifeng.com, the report said there were 478,000 cases at the end of January of individual investors filing complaints against problematic… Read More

February 4, 2017 @ 9:22 am By Samantha Hurst  |  

RateSetter, a leading UK peer-to-peer lending platform, announced this week it is updating its lender terms. This news comes just a few months after the company announced it was adding more flexibility into the Provision Fund. The RateSetter team announced: “We believe that a more flexible… Read More

February 3, 2017 @ 1:45 pm By JD Alois  |  

The UK government is expected to publish soon a White Paper on the UK housing challenge. Housing starts are at an all time high but hurdles remain as demand continues to outstrip supply. Expectations are for “radical plans” to be outlined to help the government… Read More

February 3, 2017 @ 7:47 am By JD Alois  |  

Just as Funding Circle is pulling out of Spain, peer to peer lender Lendix is moving in and announcing its first Spanish project. Following approval by the Comisión Nacional del Mercado de Valores (CNMV), Lendix has posted an opportunity to lend to JIZ Operaciones SL,… Read More

February 2, 2017 @ 8:05 am By JD Alois  |  

German peer to peer lending auxmoney is now offering its customers the ability to borrow legally by using an internet video ID and digital signature. Germany’s largest online lender has partnered with IDnow eSigning to update their process. Germany maintains a very strict application process so incorporating… Read More

February 2, 2017 @ 5:30 am By Erin Hobey  |  

CEO and founders from India-based fintech platforms Walnut, Artoo and CreditVidya weighed in to comment on yesterday’s Founders of the Union Budget 2017 given by Finance Minister Arun Jaitley, noting its potential impact in increasing access of digital services and  building a more inclusive economy: “The Budget announcements are… Read More

February 2, 2017 @ 2:15 am By Jessica Pham  |  

The Federation of Indian Chambers of Commerce and Industry (FICCI) published a new report in January called “Leveraging the FinTech Opportunities in India” to highlight a number of topics, including digital payments, digital banking, blockchain, and online lending, to name a few. According to FICCI… Read More

February 1, 2017 @ 12:09 pm By JD Alois  |  

Formerly with USAA and CIT Group, Ashraf Will Manage Capital Markets and Finance Functions at Prosper Marketplace Prosper Marketplace has appointed Usama Ashraf as its new Chief Financial Officer. Ashraf will be overseeing the online lenders capital markets function, as well as all of the… Read More

January 31, 2017 @ 11:27 am By Samantha Hurst  |  

Orca Money successfully secured £280,000 during its seed funding, which was led by TechStart NI. Participants in the round included Halo NI EIS Fund and private investors. Incorporated in 2015 by founders, Iain Niblock and Jordan Stodart, Orca Money is based in Belfast. The company boasts itself as the… Read More

January 31, 2017 @ 1:14 am By Jessica Pham  |  

The International Monetary Fund (IMF) is partnering with Dubai’s Ministry of Finance to co-host a fintech seminar during the 5th World Government Summit that will take place in Dubai between February 12-14, 2017.  Blockchain technology will be a key discussion point during this panel —… Read More

January 30, 2017 @ 8:09 am By JD Alois  |  

  Zopa, the UK’s very first peer to peer lending platform, has topped £2 billion in lending.  According to information provided by the online lending platform, as of today, Zopa has matched over 246,000 borrowers to 75,000 investors to provide access to capital in the… Read More