Tagged: p2p

July 16, 2014 @ 8:45 pm By JD Alois  |  

The Financial Markets Authority (FMA) in New Zealnd issued the very first peer to peer (P2P) lending license  last week to Harmoney.  The Auckland based company gets to claim “1st” in another country that has embraced the power of technology to transform the geriatric banking… Read More

July 16, 2014 @ 7:01 pm By JD Alois  |  

Peer to peer lending is super hot right now.  The new approach to providing loans by leveraging technology to match investor with borrower had it’s genesis in the United Kingdom.  Since then it has quickly spread across the globe as compelling efficiencies have been delivered… Read More

July 16, 2014 @ 7:00 pm By JD Alois  |  

Funding Circle Announces $65 Million Investment to Fuel International Growth in New Markets.  Funding Circle, one of the pioneers of peer to peer lending, has released dramatic news today stating they have raised $65 million in a series D round funding led by Index Ventures…. Read More

July 14, 2014 @ 6:38 pm By JD Alois  |  

Peer to peer (P2P) lender Ratesetter received another round of good news as CEO Rhydian Lewis announced publicly the British Business Bank will start lending through the Ratesetter platform on July 21st.  The government owned entity was created to make financial markets work more effectively… Read More

July 14, 2014 @ 12:56 pm By JD Alois  |  

Funding Circle UK recently shared they had adjusted their policy on the types of loans and security required to allow the offer.  The peer to peer lender removed the £150,000 threshold for loans without asset security thus allowing their credit team greater flexibility in assessing and… Read More

July 14, 2014 @ 11:43 am By JD Alois  |  

Peer to Peer lending is experiencing dramatic growth in the UK  (and around the world).  While traditional loans have, in some categories, lagged the economic expansion, P2P is booming.  In fact UK businesses have benefited from over a half a billion in funds and consumer P2P… Read More

July 11, 2014 @ 7:44 am By JD Alois  |  

RateSetter risk-rated similar to cash by FE, a provider of investment analysis and research. The growing global peer to peer (P2P) lending industry took another step in the direction of popular acceptance as RateSetter, the UK’s biggest P2P lender by monthly volume, has now become… Read More

July 10, 2014 @ 9:47 pm By JD Alois  |  

The team at LendingRobot have sent over a cool infographic about Peer-to-Peer (P2P) lending.  LendingRobot is a cloud-based financial service and registered investment advisor providing tools for individual investors to automate peer investing on Lending Club and Prosper. As we all know by now P2P… Read More

July 10, 2014 @ 5:49 pm By JD Alois  |  

Peer to peer lender Prosper continues to experience dramatic growth in the booming industry of peer to peer lending as they “transform the world of finance and banking”.  During the month of June, Prosper jumped to $145 million loans – up from $124 million in… Read More

July 10, 2014 @ 12:06 pm By JD Alois  |  

Peer to peer crowdfunding provider Dealstruck has partnered with BodeTree to help provide real-time data analysis to help small business owners better understand their finances.  BodeTree integrates with companies’ accounting tools to create an online financial analytics dashboard, aiding businesses in achieving true financial health…. Read More

July 9, 2014 @ 11:16 am By JD Alois  |  

Peer to peer (P2P) lending platform Lending Club is having a pretty good year.  The company has just released data sharing the news they facilitated over $1 billion in lending this past quarter.  Add that to the past couple of years and the innovative platform… Read More

July 8, 2014 @ 11:20 am By JD Alois  |  

Israeli peer-to-peer (P2P) lending platform Tarya has announced the launch of their new site.  The P2P lender is placing an emphasis on “stringent underwriting algorithms” to provide a platform for people to invest in fellow community members who require consumer credit. Tarya sees Israel as the… Read More

July 8, 2014 @ 10:21 am By JD Alois  |  

LendInvest, a Peer to Peer lending platform targeting the mortgage industry, has shared they are now originating deals for the Montello Capital range of funds.  Montello is owned and operated by Christian Faes and Ian Thomas – both co-founders of LendInvest their P2P venture.  LendInvest will… Read More

July 8, 2014 @ 9:19 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published an interim report on domestic cash savings market. This is part of a broader study that commenced in October 2013 under their “competition objective focused on the cash savings market”.  The FCA wants to assure that competition is… Read More

July 8, 2014 @ 8:39 am By Samantha Hurst  |  

P2Binvestor (P2Bi) announces a $2 million line of credit to a Boulder-based client, representing one of the largest single crowdlending transactions ever. This credit line adds to P2Bi’s rapid growth and puts the young company on track to achieve a lending portfolio of $25 million this fiscal… Read More

July 5, 2014 @ 10:00 am By JD Alois  |  

Peer to Peer lending platform Funding Circle recently signed a partnership with Santander to help small businesses secure loans.   They see this new strategic relationship as a methodology to help bring P2P into the mainstream.  Samir states that about 1/3 of the businesses that… Read More

July 5, 2014 @ 7:31 am By JD Alois  |  

UK based Funding Circle shared last week that their platform has topped £300 million in loans in just under 4 years.  Over £100 million has been lent via the site during the first 6 months of 2014 alone indicating significant momentum for the company.  These… Read More

July 2, 2014 @ 8:07 am By JD Alois  |  

The graphic elves at peer to peer lender Prosper have put together an interesting infographic on fixing your debt problems. Unfortunately it is true.  Too many people in the United States (and some other countries) spend more than they can afford.  The spending binge is… Read More

July 1, 2014 @ 10:09 pm By JD Alois  |  

Crowdlending platform Dealstruck, has now provided more than 100 loans and credit lines to growing, profitable small businesses. The young company shared this accomplishment in a recent company statement. Ethan Senturia, Dealstruck co-founder and CEO commented on this achievement stating; “We’re proud to reach several… Read More

July 1, 2014 @ 7:38 am By Samantha Hurst  |  

Crowdnetic has announced Wall Street’s second annual Crowdfinance conference to be held in NYC on October 16th at Thomson Reuters’ Conference Center. Crowdfinance is redefining the global equity and debt markets fostered by a surge in financial innovation, shifting trends in communication, advancements in technology and a new… Read More