Tagged: p2p

January 7, 2016 @ 8:23 am By JD Alois  |  

MarketInvoice, a peer to peer lender that provides cash flow finance, is pointing to data that indicates London SMEs are moving away from banks and towards online lenders. According to MarketInvoice, information from the British Bankers Association (BBA) shows new loans to London SMEs crumbled… Read More

January 6, 2016 @ 9:12 pm By JD Alois  |  

Kiwi crowdfunding platform PledgeMe is moving into debt. Inspired by some of the largest internet finance platforms in the world, PledgeMe has applied for a license from the Financial Markets Authority (FMA) to offer peer to peer lending. “P2P, or debt crowdfunding as it’s also… Read More

January 4, 2016 @ 3:36 pm By JD Alois  |  

Orchard platform has revealed its Originator Database grew 400% in 2015.  Announced towards the end of 2014, the online application launched with 30 online lenders.  Today the database numbers 150 originators and continues to grow. Orchard is the digital service that connects marketplace lending platforms with… Read More

January 4, 2016 @ 7:48 am By JD Alois  |  

Singapore-based Silver Bullion has announced it is now facilitating S$1 million per month in bullion secured peer to peer loans. Founded in 2009, Silver Bullion just started offering direct lending in August of 2015. The company was conceived during the height of the financial crisis… Read More

January 3, 2016 @ 9:50 pm By JD Alois  |  

The China peer to peer lending market is the largest in the world. One reason this is so significant is the fact this incredible amount of money is driven by true peers (small investors) as little institutional money has found its way into the online… Read More

January 2, 2016 @ 10:46 am By JD Alois  |  

Milan based BorsadelCredito has received a € 1 million investment from the venture capital group P1o1.  BorsadelCredito is an online lender focused on providing access to capital for SMEs in Italy. The company was founded by Angelo Daniele Blancato, Alessandro Andreozzi and Ivan Pellegrini. Blanket has spent the last 20… Read More

December 31, 2015 @ 2:00 pm By Anthony Zeoli  |  

  With it being new years eve and all, what better time to reflect on all the advancements made this year and to look ahead to all those still to come in 2016 and beyond. If you follow this industry at all, you know that… Read More

December 31, 2015 @ 9:34 am By Samantha Hurst  |  

Weijinsuo, a Beijing-based peer-to-peer (P2P) lending platform, announced on Thursday that it has raised $46 million (RMB300 million) during its series A lending round, which was led by HNA Capital. According to the China Money Network, Weijinsuo was founded in 2013 and currently has 700,000… Read More

December 31, 2015 @ 7:10 am By JD Alois  |  

In a sign that Fintech has entered the realm of the establishment two leading entrepreneurs have been recognized by the Queen of England in the annual Honours List which was published yesterday. Samir Desai, co-founder and CEO of Funding Circle, has been honoured as a… Read More

December 30, 2015 @ 12:26 pm By JD Alois  |  

The Chinese online lending industry continues to reflect upon the just announced rules proposed in the last week.  There is a huge shakeout coming in China as some platforms will probably cease to exist. CCTV has filed a report reviewing the rules, highlighting the major… Read More

December 30, 2015 @ 11:37 am By JD Alois  |  

This is a pretty powerful statement coming out of China in response to the recently announced peer to peer lending rules.  Xu Hongwei, CEO of Shanghai-based Yingcan Group, a research company that tracks the myriad of P2P lenders in China.  As quoted in China News, Xu Hongwei… Read More

December 29, 2015 @ 11:57 am By JD Alois  |  

Orchard platform has published a recap of 2015 but has done this in a visual fashion. Yes, Orchard loves the data and associated charts. But then a picture can be worth a thousand words.  Co-founder and Chief Analytics Officer of Orchard, David Snitkof, has used… Read More

December 28, 2015 @ 8:56 am By JD Alois  |  

As has been widely expected for some time, China regulatory authorities revealed proposed rules to reign in the fast growing peer to peer lending industry.  While online lending has filled a serious void in providing access to capital the lack of rules have created an… Read More

December 27, 2015 @ 7:43 pm By Karteek Patel  |  

Of course, those of us who work in the alternative finance industry understand very well the benefits this new form of finance offers to everyone. But with recent data revealed at this autumn’s LendIt conference suggesting that retail investor awareness has plateaued in the last… Read More

December 27, 2015 @ 7:20 pm By JD Alois  |  

European peer to peer lender Bondora has closed out 2015 having funded over € 24 million in loans.  Bondora is regulated by the Financial Conduct Authority having received interim approval in May of 2015.  The company has applied for full FCA authorisation, an expensive and rigorous… Read More

December 27, 2015 @ 5:33 pm By JD Alois  |  

The video report from China News, states risk is at an alarming rate in China for investors in peer to peer lending. Chinese authorities recently put the hammer down on Ezubo (sometimes spelled Ezubao), shuttering the firm and whisking away its Chairman. The report states… Read More

December 26, 2015 @ 10:53 am By JD Alois  |  

Peer to peer lending iQuianjin states that in a survey of 5000 investors, P2P lending ranked number 3 in popularity. The research was completed with the assistance of AdMaster a marketing / data technology company.  According to the information, as reported by China News, for… Read More

December 24, 2015 @ 12:00 pm By Erin Hobey  |  

  “In 5 years, we will no longer talk about “Crowdfunding,” it will just be “funding.” Crowdfunding will just be one of the ways that early stage companies and SMEs gain access to capital.  Just like online trading of public securities is considered the primary… Read More

December 24, 2015 @ 8:50 am By JD Alois  |  

Funding Circle has revealed in a series of tweets that the company has just topped £1 billion in lending in the UK. The US and Europe add about £250 million. The milestone was foreshadowed in a Funding Circle blog post yesterday stating that 7,250 UK… Read More

December 23, 2015 @ 1:53 pm By JD Alois  |  

In a bit over one year (they launched in September of 2014), Harmoney, a peer to peer lending platform based in New Zealand, has funded over £170 million to more than 10,000 Kiwis.  Realised annual returns on all loans on the platform have topped 12%…. Read More