Tagged: p2p

November 23, 2016 @ 10:29 am By JD Alois  |  

The NS&I Investment bond as described in the Autumn Statement was created to provide savers with a higher rate of return. The indicative rate is 2.2% but the rate may be adjusted according to market conditions when it is launched in the spring of 2017. The… Read More

November 22, 2016 @ 10:05 am By Samantha Hurst  |  

On Tuesday, Southern Cross Financial Group announced it has received its peer-to-peer license from the New Zealand Financial Markets Authority (FMA). The company, which was established in 1997, provides funding for property secured loans in locations through New Zealand. Sharing details about the lender, CEO of Southern… Read More

November 18, 2016 @ 4:36 pm By Samantha Hurst  |  

Flender, a peer-to-peer finance platform that integrates social networks for trust-based lending, launched a Seedrs campaign this week. The website, which is authorized and regulated by the Financial Conduct Authority under Registration Number 657861, is seeking £500,000 and is offering 10% in equity. The platform… Read More

November 18, 2016 @ 8:05 am By JD Alois  |  

ThinCats, a P2P lender in secured business loans, has received two new accreditations in recognition of its platform operations. ThinCats has been recognized by the National Association of Commercial Finance Brokers (NACFB) for best practice within commercial finance broking. Simultaneously, Defaqto has given ThinCats a… Read More

November 17, 2016 @ 8:06 am By Samantha Hurst  |  

Hong Kong-based peer-to-peer lending platform Monexo announced this week plans to launch an “auto invest” feature on its platform. Sharing details about the new feature, CEO of Monexo, Mukesh Bubna announced in a statement: “We understand our customers and their fast-paced lives. It is virtually… Read More

November 16, 2016 @ 10:51 am By JD Alois  |  

SME online lender DealStruck has reportedly shut down operations.  An industry insider has told Crowdfund Insider the online lender closed shop yesterday. We have also heard that most all employees have departed the platform.  The action was taken just as an 11th hour acquisition by… Read More

November 16, 2016 @ 9:42 am By JD Alois  |  

Zopa, the grande dame of peer to peer lending, has revealed its intent to launch a “next generation” challenger bank. Zopa CEO Jaidev Janardana stated they have created a scalable, profitable business yet they had only begun; “Launching a bank, to sit alongside our existing peer-to-peer… Read More

November 15, 2016 @ 8:49 am By Samantha Hurst  |  

Marketplace lending platform, China Rapid Finance, announced on Tuesday it has formed partnerships with two financial institutions, China United SME Guarantee Corp. (Sino Guarantee) and Bank of Shanghai. The lender stated Sino Guarantee would provide ongoing lending capital for loans that will originate on its platform, with… Read More

November 15, 2016 @ 8:29 am By JD Alois  |  

Peer to peer lender ArchOver has announced it will extend its exclusive partnership with international credit insurer and collections company Coface by a further three years. The 2-year old secured business lender states it has not experienced any borrower defaults, late payments or losses, to… Read More

November 15, 2016 @ 8:12 am By JD Alois  |  

OFF3R has launched an independent Index designed to outline performance of equity crowdfunding and peer to peer lending platforms.  OFF3R is a platform aggregator allowing investors a single site or App in which to select and invest. The index is said to analyze major UK… Read More

November 14, 2016 @ 10:17 pm By JD Alois  |  

LendingHome is a niche online lender that is focused on the mortgage market. In a relatively short period of time, LendingHome has gone from zero to well over $700 million in residential mortgages. The mortgage market is huge. FBR& Co. recently estimated that $1.9 trillion… Read More

November 11, 2016 @ 3:18 pm By Samantha Hurst  |  

Hong Kong-based Monexo announced this week it is looking to expand its peer-to-peer lending operations in the city of Kolkata. Founder and CEO of Monexo, Mukesh Bubna confirmed that the lender is going to start with services for personal loans.  Bubna revealed: “We have taken an… Read More

November 11, 2016 @ 8:29 am By JD Alois  |  

LendInvest, a leading online mortgage lender in the UK, has announced the speaker line-up for the inaugural Property Development Academy course, scheduled for today and tomorrow (November 11th & 12th).  LendInvest announced this new initiative this past fall as a way to help small developers… Read More

November 11, 2016 @ 8:07 am By JD Alois  |  

MoolahSense , a P2P lender, has received a full Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS).  The CMS license, issued today, was for “dealing in securities”.  MoolahSense reports that is is the “first marketplace lending platform in Singapore to be granted… Read More

November 11, 2016 @ 7:53 am By JD Alois  |  

Peer to peer lender Assetz Capital has reported that investors have now earned £15 million in gross interest since platform launch in 2013.  The P2P lender has focused on provide access to capital for UK SMEs while give investors a viable investment alternative. Assetz Capital… Read More

November 10, 2016 @ 10:51 am By Samantha Hurst  |  

Peer-to-peer lender, China Rapid Finance, announced on Wednesday its platform has exceeded one million borrowers and it facilitated 8.8 million loans in total as of October 31st. Sharing details about the new milestone, Dr. Zane Wang, CEO of China Rapid Finance, stated: “Serving more than one million borrowers is… Read More

November 10, 2016 @ 10:17 am By Erin Hobey  |  

The P2P bond platform UK Bond Network received full authorization as a financial services provider from the UK Financial Conduct Authority (FCA). The approval marks the end of a several months’ review in which the company’s processes, systems, policies, levels of compliance and risk management have undergone… Read More

November 10, 2016 @ 8:00 am By Jessica Pham  |  

Blackmoon Financial Group, an online lending platform that connects balance sheet lenders with institutional investors looking to purchase new loans, announced today its latest round of funding; $2.5 million in equity capital from Target Global, A&NN Group, Flint Capital, and several private investors. Blackmoon intends to use the new round… Read More

November 9, 2016 @ 11:16 am By JD Alois  |  

Trade Me (ASX:TME) has purchased $670,000 woth of shares in New Zealand based P2P lender Harmoney. The investment was said to be designed to hold its stake at 14.4%. Harmoney also operates in Australia. According to a report in NBR, Trade Me purchased 1.3 million… Read More

November 8, 2016 @ 12:59 pm By JD Alois  |  

Bitbond is one of the most interesting SME lenders around today. Launched in 2013, the online lender eschewed dollars and euros to focus on digital currencies, specifically Bitcoin. The global peer to peer lender provides access to capital for small business around the world. As… Read More