Tagged: p2p

March 31, 2016 @ 10:09 am By Samantha Hurst  |  

Smart Token Chain, a company that uses patent-pending Smart Token technology combining smart contracts, tokenization, and blockchain to combine financial services and establish a common global standard for value exchange, announced on Wednesday the launch of its new Smart Contract Settlement Exchange. According to the company, the… Read More

March 31, 2016 @ 10:04 am By JD Alois  |  

Millennium Trust Company is a custody solution for IRAs, private funds and alternative assets with over 432,000 individual accounts and $17.4  billion in assets under custody. Lending Club is the largest marketplace lender in the US that offers individual investors the opportunity to generate respectable… Read More

March 30, 2016 @ 3:20 pm By Samantha Hurst  |  

On Wednesday, Singapore-based bullion retailer, Silver Bullion Pte Ltd., announced the launch of its 1-month bullion secured peer-to-peer(P2P) loans. Silver Bullion previously offered loan durations of 6 months, 12 months and 24 months secured by physical gold and silver collateral stored in its vault, The Safe… Read More

March 30, 2016 @ 10:49 am By JD Alois  |  

Goji, a platform that aggregates peer to peer lending investment opportunities including the forthcoming Innovative Finance ISA, has announced its “official” launch as the new IF ISA is set to hit hit the marketplace. Goji states that P2P lenders Landbay, ArchOver and Assetz Capital are… Read More

March 30, 2016 @ 10:06 am By JD Alois  |  

Peer to peer lender Mintos and Polish platform Aforti Finance have formed a cooperative agreement that will help Aforti lend to more small to medium sized businesses in Poland. Mintos currently offers loans from 9 non-bank lenders from Poland, Lithuania, Czech Republic, Estonia, Georgia and… Read More

March 30, 2016 @ 7:52 am By JD Alois  |  

Leading mortgage peer to peer lender LendInvest has published a statement of caution and concern regarding the recently increased stamp duty tax on buy-to-let properties.  Christian Faes, CEO of LendInvest, called the Stamp Duty Land Tax (SDLT) increase “bad news” as landlords will be facing… Read More

March 29, 2016 @ 9:19 am By JD Alois  |  

Finstar Financial Group wants to build its Fintech portfolio and has hired Paul Muhr, an experienced investment banker to boost M&A and capital markets projects. Until recently Muhr was a Vice President at Citi and before that at Goldman Sachs. Muhr’s hiring is said to… Read More

March 29, 2016 @ 8:32 am By JD Alois  |  

Following a year of change where senior management was replaced and Andy Whelan was appointed CEO of the company, GLI Finance (LSE:GLIF) has published annual results as it seeks to “materially strengthen the long term cash generation potential for GLI Finance”. Patrick Firth, Chairman of GLI… Read More

March 26, 2016 @ 10:18 am By JD Alois  |  

Pärtel Tomberg, CEO of Bondora, spoke about his platform’s plans for 2016 in a recent interview.  According to Bondora, one of the objectives for coming months is to “improve the loans quality in all [their] markets”. “We strive for a more secured but faster loan… Read More

March 23, 2016 @ 11:30 am By Therese Torris  |  

  Execfintech, the German fintech event that took place March 8 in Frankfurt dedicated a couple of panel presentations to marketplace lending. The companies represented included the two most successful lending platforms in Germany, P2P lending site Auxmoney and P2B lending marketplace Funding Circle, along… Read More

March 22, 2016 @ 8:32 am By JD Alois  |  

European peer to peer lender Bondora is now regulated by the Estonian Financial Supervision Authority the financial regulatory body of the country. According to Bondora, the process has taken nearly a year to complete and has been described as “very thorough” with “very stringent requirements”… Read More

March 22, 2016 @ 8:16 am By JD Alois  |  

Leading equity crowdfunding platform SyndicateRoom and marketplace lender RateSetter have forged an agreement to partner on providing access to capital for small and medium enterprises (SMEs) in the UK. Recognizing the benefits for enabling both debt and equity capital, the two internet finance portals will… Read More

March 18, 2016 @ 8:18 pm By Louise Beaumont  |  

  The global alternative finance industry has undergone staggering growth in recent years. In 2015 combined market activity in the UK grew 84% from £1.74bn the year before to £3.2bn. Around 20,000 SMEs raised approximately £2.2bn in funding through online channels, representing a year-on-year growth… Read More

March 18, 2016 @ 9:22 am By JD Alois  |  

  Crowd2Fund has just revealed it is going global. According to information provided by the crowdfunding platform, Crowd2Fund has opened its platform to investors in 163 different countries to create accounts and invest in UK SMEs.  Crowd2Fund is an FCA regulated platform that offers both… Read More

March 18, 2016 @ 8:46 am By JD Alois  |  

There has been a lot of chatter regarding the numerous announcements by Chancellor of the Exchequer George Osborne and his budget presentation to parliament this week.  One of the areas that received a government update is the structure of the ISA.  As many people understand, in… Read More

March 17, 2016 @ 12:42 pm By Samantha Hurst  |  

Western Independent Bankers (WIB), a trade association 600 community and regional banks, announced on Thursday it has formed a new partnership with Bizfi, a Fintech company with a platform that combines aggregation, funding and a participation marketplace for small businesses. According to WIB, the partnership will provide its members access to Bizfi’s platform,… Read More

March 17, 2016 @ 9:35 am By Samantha Hurst  |  

On Thursday, Argentina-based peer-to-peer (P2P) lending platform, Afluenta, announced it has secured a total of $8 million during its recent Series B funding round. Funds raised from the round were from International Finance Corporation (IFC) and Elevar Equity (each invested $4 million). Afluenta previously stated that… Read More

March 17, 2016 @ 8:09 am By JD Alois  |  

Prêt d’Union, a leading peer to peer lender operating in France, is expected to expand operations into Italy soon. First reported by TechCrunch, Prêt d’Union apparently will operate under the brand “You United Credit”.  As TC points out, several domains (http://younited-credit.it) are registered under the name… Read More

March 16, 2016 @ 10:21 am By Samantha Hurst  |  

Funding Circle, a peer-to-peer (P2P) lending platform, announced this week that it has dedicated an entire floor of its London office to startups and small businesses. This news comes nearly six months after the company moved into 71 Queen Victoria Street in Mansion House. During… Read More

March 16, 2016 @ 7:44 am By JD Alois  |  

The Funding Circle SME Fund was listed on the London Stock Exchange in the fall of 2015 having raised £150 million. The permanent capital vehicle is now lending to small business in Germany, the Netherlands and Spain.  The fund had previously commenced lending to UK… Read More