Tagged: p2p

October 20, 2015 @ 8:30 am By Georgia Quinn  |  

Thirty-two years after starting her career in London, Nicola Horlick is still often the only woman in the room. Although she notes that is not a lot of progress, it has never fazed her. Nicola, once called London’s Superwoman, attributes her can-do attitude to a… Read More

October 19, 2015 @ 1:49 pm By JD Alois  |  

New peer to peer lending platform Viventor is now open for business. The online lender announced last month its intent to start offering loans secured by mortgages.  To incentivize investors Viventor states that “all investments made until December 1st, 2015 will come with a buyback… Read More

October 19, 2015 @ 7:05 am By JD Alois  |  

Madiston LendLoanInvest is entering the Lithuanian market having partnered with Finbee on a joint venture to offer peer to peer lending services.  Madison has provided Finbee with its lending software and has become a shareholder in the company. This is the second P2P lender to… Read More

October 19, 2015 @ 6:45 am By JD Alois  |  

TrustBuddy jolted the peer to peer lending world as “suspected misconduct” compelled the platform to shut down operations last week.  Now the firm has publicly stated it can no longer operate in any form, forcing the company to file for bankruptcy as the situation is… Read More

October 17, 2015 @ 11:00 am By Midori Yoshimura  |  

Abundance – an ethical P2P investment platform – today launches the UK’s first peer-to-peer investment SIPP, the Abundance Pension, to address current concerns stopping more people from saving adequately towards their retirement, according to the company’s press release. Independent research conducted for Abundance by OnePoll has revealed… Read More

October 16, 2015 @ 9:54 am By JD Alois  |  

Fintech is super-hot these days.  Finance is having its newspaper moment where all aspects of the industry are moving online.  The disruptive shift is global too as change is taking place in the Americas, Asia and across Europe. The UK is in many ways the… Read More

October 14, 2015 @ 9:21 am By JD Alois  |  

Scandalous news hit the peer to peer lending world this week as TrustBuddy revealed allegations of serious misconduct.  The malfeasance was deemed so severe that Swedish authorities immediately shut down the direct lending operation and Swedish Police were contacted to investigate if criminal activity has… Read More

October 14, 2015 @ 8:40 am By JD Alois  |  

Harmoney, the first peer to peer lender to launch in New Zealand, has added some big names to its advisory board.  Accord to a release published by the P2P site, Jon Barlow, founder of Eaglewood Capital and Phin Upham of Thiel Capital have signed up… Read More

October 14, 2015 @ 2:32 am By Midori Yoshimura  |  

Peer-to-peer marketplace LendInvest will launch a listed fund, the first such vehicle to focus on property-backed P2P lending, according to the Financial Times. Depending on market conditions, the company plans to launch the fund in early 2016. LendInvest seeks to raise £150m for the float of the fund, listed in London,… Read More

October 13, 2015 @ 10:35 am By Samantha Hurst  |  

Last week, peer-to-peer (P2P) platform StreetShares announced that it has formed an exclusive partnership with online marketplace, FedBid. The goal of the partnership is to provide America’s small businesses with the education, resources, and funding needed to compete for and win supplier contracts from federal… Read More

October 13, 2015 @ 9:33 am By JD Alois  |  

In an unsettling about face TrustBuddy, a peer to peer lending platform based in Stockholm, has shut down.  The home page has transitioned from lending platform into a public statement (republished below) in both Swedish and English explaining a series of alleged misconduct; “An investigation… Read More

October 13, 2015 @ 8:51 am By JD Alois  |  

Peer to peer lending platform Landbay has announced a site redesign and rebranding of its services that target the buy-to-let mortgage sector. Landbay hired creative agency Minimart to reposition the firm. Landbay explained that as the P2P sector continues to build public awareness, Landbay views… Read More

October 13, 2015 @ 1:35 am By Midori Yoshimura  |  

Peer-to-peer lending platform Faircent has raised an undisclosed amount of funding from Aarin Capital, a fund led by Infosys’ former CFO and chairman of Manipal Global Education T.V. Mohandas Pai, according to the Economic Times’ ET Tech, citing people aware of the development. Pai will also join the… Read More

October 12, 2015 @ 11:19 pm By JD Alois  |  

The Financial Market Authority in New Zealand is increasing the amount of competition in the online lending space. The FMA has now approved the application of Lending Crowd – the 4th P2P lender to join the arena alongside other established lending platforms. Lending Crowd will… Read More

October 12, 2015 @ 2:42 pm By JD Alois  |  

Regulatory consultancy Bovill states that many aspiring peer to peer lending platforms are having a change of heart.  According to a release published by the firm, 26% of P2P lending applicants have withdrawn their request as they are concerned they will not be able to meet… Read More

October 12, 2015 @ 10:04 am By JD Alois  |  

  Lending Loop, a new peer to peer lending platform, has launched in Canada to allow ordinary Canadians the ability to invest in small businesses across the country. The site actually went live this past June. The creation of co-founders Cato Pastoll and Brandon Vlaar,… Read More

October 12, 2015 @ 7:35 am By JD Alois  |  

LendInvest, a UK-based peer to peer lending platform that targets the mortgage market, has reported a profit of £3.1 million on revenue of £15 million for the year ending March 2015.  LendInvest reported a profit in 2014 of £1.2 million on revenue of £5 million…. Read More

October 9, 2015 @ 9:08 am By JD Alois  |  

A web platform that tracks peer to peer lending in China has stated that September was another record month for online lenders. According to a report in the ShanghaiDaily, P2P transactions hit 115.2 billion RMB ($18.1 billion USD) last month. Online Lending House stated monthly… Read More

October 9, 2015 @ 7:30 am By JD Alois  |  

Landbay, a UK based peer to peer lending platform that finances buy-to-let mortgages, has been invited to join the Council of Mortgage Lenders (CML) as a full member. This is a first for a P2P platform and comes at a time when the FCA is… Read More

October 8, 2015 @ 10:46 pm By JD Alois  |  

Bondora has crossed the Atlantic. This is according to multiple reports that the Estonian based platform has entered North American, skipping the US, and heading due North. Quoted in the Globe & Mail, Partel Tomberg, Bondora co-founder and CEO, stated; “We are able to provide investors… Read More