Tagged: p2p

October 13, 2014 @ 9:58 am By JD Alois  |  

Ranger Capital, a company that offers traditional and alternative investment opportunities , sees the rise of peer to peer (P2P) lending as an opportunity for traditional banks, not a form of distintermediation.  Ranger Capital, along with banking executives Scott Reed and Brian Jones believe that… Read More

October 8, 2014 @ 9:44 am By JD Alois  |  

Earlier this week securities attorney, and Crowdfund Insider Senior Contributor, Georgia Quinn, delivered a presentation at the American Banker P2P Lending + Investing conference. The presentation, embedded below, is a high level overview on the machinations of p2p lending. Quinn reviewed how “peer to peer”… Read More

October 7, 2014 @ 11:58 am By JD Alois  |  

Kayla Tausche talks peer to peer lending and specifically the success of SoFi in a brief segment on CNBC.  The discussion was coordinated alongside SoFi’s announcement they were moving into the Mortgage market – thus expanding their offerings from refinancing student loans.  Kayla calls SoFi… Read More

October 7, 2014 @ 11:06 am By JD Alois  |  

Peer to Peer Lender Extends Product Line to Offer Mortgages. SoFi (or Social Finance), a leading peer to peer lending, has surpassed $1 billion in funded loans.  The site now claims to be the fastest P2P lender to reach this milestone. SoFi is the largest… Read More

October 6, 2014 @ 2:55 pm By JD Alois  |  

Peer to peer lending platform Lending Club has announced the hire of Richard Neiman to lead the P2P sites regulatory and government affairs office.  Neiman was previously Vice Chairman of Global Financial Services Regulatory Practice at PriceWaterhouseCoopers LLP.  He has also held senior positions at… Read More

October 6, 2014 @ 12:50 pm By JD Alois  |  

Self described as the “next generation of peer to peer lending”, California based Loanz has announced the completion of a $2 million seed funding round.  Loanz was formed in 2013 by Outset Ventures.  Little additional information was available on the funding round.  The company stated… Read More

October 6, 2014 @ 10:38 am By JD Alois  |  

P2P Lending Surges in 2014 as RateSetter Processes over £200 Million in Loans Year to Date. UK based peer to peer lender RateSetter is celebrating its fourth birthday and as part of the festivities the platform is claiming a leading position in the P2P lending… Read More

October 5, 2014 @ 11:46 pm By JD Alois  |  

Peer to Peer Lender Funding Circle Leads Claims Largest Deal for 2014. According to a report from London & Partners, tech in London is booming and setting record levels of investment.  So far for 2014 technology firms have captured over $1 billion in aggregate investment…. Read More

October 5, 2014 @ 7:03 pm By Getty Goh  |  

Many stakeholders are becoming more aware of the potential crowdfunding has. Specifically, some see this as a viable avenue for projects and start-ups that are looking to raise funds of between S$1million and S$5million. When it comes to million-dollar deals, established crowdfunding platforms like Kickstarter… Read More

October 5, 2014 @ 4:43 pm By JD Alois  |  

Here at Crowdfund Insider we are unabashed fans of peer to peer lending.  It should be easy to understand why too.  As an investor you can generate risk adjusted returns far higher than you can easily generate elsewhere.  With interest rates at an historic low… Read More

October 4, 2014 @ 2:42 pm By JD Alois  |  

Peer to peer lending platform Zopa has announced a strategic hire with the appointment of Jaidev Janardana who is now the company’s Chief Operating Officer (COO).  Jaidev was previously the Chief Marketing Officer for Capital One UK. During Jaideve’s tenure at Capital One he was… Read More

October 3, 2014 @ 10:39 am By JD Alois  |  

LendInvest, a peer to peer lender that targets the commercial mortgage industry, has shifted roles within the Montello.  UK based LendInvest originally started as a subset of Montello, a bridge finance company, but now roles will be reversed as Montello will manage funds under the… Read More

October 3, 2014 @ 7:58 am By JD Alois  |  

Money360, a peer-to-peer (P2P) real estate lending marketplace, has closed a $2 million commercial real estate loan crowdfunded by accredited investors. This was the third loan closed by Money360 in September. Money360 states their recently relaunched platform is on track to fund $25 million in… Read More

October 2, 2014 @ 9:03 am By JD Alois  |  

  In a recent statement P2Binvestor (P2Bi) shared they have signed $7.3 million in client contracts and purchased over $16 million in invoices since this past May.  P2Bi is a crowdfunding platform that offers growing businesses a new method to receive needed working capital.  Businesses… Read More

October 2, 2014 @ 7:53 am By JD Alois  |  

In a public statement by the Financial Conduct  Authority, Wonga has entered into an agreement, known as a voluntary requirement (VREQ), with the FCA that requires it to make significant changes to its business immediately.  Wonga is a payday loan operator in the UK that… Read More

October 1, 2014 @ 1:20 pm By JD Alois  |  

Has peer-to-peer lending has turned into hedge fund-to-consumer lending?  According to a recent report in Risk this may be the case. While P2P lending started out by matching an individual borrower with an individual investor things have rapidly changed.  The outsized returns generated by the… Read More

October 1, 2014 @ 8:40 am By JD Alois  |  

Assetz Capital is participant in the booming growth of peer to peer lending in the United Kingdom.  The P2P lending site has facilitated almost £50 million in loans since the platform launched in 2013.  Recently the company published defaults and losses data in an effort to… Read More

September 30, 2014 @ 11:21 am By Erin Hobey  |  

Money360, Inc., the original peer-to-peer (P2P) real estate lending marketplace, announced the relaunching of its online marketplace in a nationwide expansion with $100+ Million available to lend, which enables accredited investors to fund loans secured by commercial real estate. The company originally launched in 2010… Read More

September 29, 2014 @ 12:03 pm By JD Alois  |  

Zopa, one of the leading peer to peer lenders in the UK has taken to the streets of London to promote the benefits of their services.  Now lending and borrowing money is serious business but leave it up to the Brits to find some humor… Read More

September 25, 2014 @ 7:16 pm By JD Alois  |  

KissKissBankBank a prominent French crowdfunding platform announced today they are moving into the peer to peer lending space with the launch of Lendopolis.  Lendopolis is described as a financement participatif (crowdfunding) platform that allows small to medium enterprises borrow funds.  For the investor who chooses… Read More