Tagged: p2p

April 25, 2014 @ 9:40 am By JD Alois  |  

LendIt, a global P2P and online lending conference, is prepping for their flagship conference taking place at the Hilton Union Square in San Francisco, May 4 – 6, 2014. Claiming the title of the world’s largest P2P industry expo featuring over 37 exhibitors; more than… Read More

April 25, 2014 @ 8:52 am By JD Alois  |  

Company receives a $1 million revolving line of credit to fund working capital loans for growing businesses. P2Binvestor Inc. (P2Bi) shared the signing of a $1 million revolving credit facility with New College Capital Ltd of London, England. The UK-based fund was drawn to P2Bi’s… Read More

April 24, 2014 @ 7:30 am By JD Alois  |  

UK based investment crowdfunding platform Funding Tree has launched their much anticipated crowdfunding platform.  The hybrid site claims to be the UK’s first fully regulated loan and equity based crowdfunding site. The one stop operation wants to match companies and investors to both loans and… Read More

April 22, 2014 @ 2:48 pm By JD Alois  |  

The Bank of England just released their periodic Trends in Lending report. In brief; “The annual rate of growth in the stock of lending to UK businesses remained negative in the three months to February. The stock of lending both to small and medium-sized enterprises and… Read More

April 19, 2014 @ 10:34 am By JD Alois  |  

UK based P2P platform RateSetter is taking their platform to Australia claiming the title of  first regulated platform from the outset.  The company has secured investment of $3 million from local and international investors alike to kick-start its Sydney offering. Headed up by Daniel Foggo,… Read More

April 18, 2014 @ 9:17 pm By JD Alois  |  

A recent report by the UK Peer to Peer Finance Assocation (P2PFA) indicates that cumulative lending  for the first quarter of 2014 achieved a total of £1.207 billion, a number that is in stark contrast to the same period year prior at £491 million.  The… Read More

April 17, 2014 @ 9:32 pm By JD Alois  |  

P2P lending platform Lending Club has announced the acquisition of Springstone Financial for $140 million in stock and cash.  Springstone is a financial service business that provides affordable options for consumers looking to finance private education and medical procedures.  Springstone brings along a network of over… Read More

April 15, 2014 @ 8:46 am By JD Alois  |  

The world of banking is changing rapidly.  The banks that continue to operate much as they have in the past will slowly fade away.  The firms that are open to change and innovation, have been presented with a unique opportunity to revolutionize the world of… Read More

April 14, 2014 @ 9:36 am By JD Alois  |  

The Beta launch of Landbay was announced today.  The young company is a new peer-to-peer (P2P) finance option for the UK’s frustrated savers and investors who have long struggled to secure low risk returns at rates above inflation, whether from cash accounts, savings accounts, bonds or other… Read More

April 11, 2014 @ 7:54 am By Georgia Quinn  |  

London based Assetz Capital Shares Insight into Fast Growing Peer-to-Peer Lending Sector. During my time in London, in addition to touring Westminster Abbey and the National Portrait Gallery, I was fortunate enough to speak with Stuart Law and Luke O’Mahony of Assetz Capital plc who… Read More

April 8, 2014 @ 7:59 am By JD Alois  |  

Assetz Capital is on track to lend £100 million by end of 2014. Twelve months after launching in March 2013, peer-to-peer (P2P) crowdfunding platform Assetz Capital has experienced record growth and smashed through the £20 million lent barrier, with loans accelerating to more than £15m… Read More

April 6, 2014 @ 2:48 pm By JD Alois  |  

In a story recently filed by Chinese state press agency Xinhua, questions arose about the growing business of peer-to-peer (P2P) lending. Apparently over 70 P2P crowdfunding platforms collapsed last year, around 60 in the fourth quarter. The dramatic increase in failures has alerted investors, along… Read More

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

Christian Faes, CEO and Co-Founder of LendInvest, a P2P lending platform focused on the property lending industry in the United Kingdom, was recently interviewed about FCA regulations on the FT Money Show. Faes’ segment commences about 13 minutes into the podcast.   He comments about… Read More

April 6, 2014 @ 9:02 am By JD Alois  |  

Knowledge Peers, and their Alternative Funding Network, released some internal research on alternative finance and crowdfunding last week.  In a report titled; “Crowdfunding Industry Report: Investor Preference Report“, Knowledge Peers shared some insight into investor perception in the United Kingdom.  The survey was based on… Read More

April 2, 2014 @ 2:48 pm By JD Alois  |  

P2P Lending Booms as Banks are Cut Out. According to Zopa, the fast growing peer-to-peer lending platform has now lent over £500 million  (Over $813,000,000).  Hurdling the half billion mark clearly places P2P lending in the mainstream of finance in the UK. In the past… Read More

April 2, 2014 @ 7:54 am By JD Alois  |  

P2P Firm Sees Great Opportunity for Growth. LendInvest, the first peer-to-peer (P2P) crowdfunding platform specifically for residential and commercial mortgages, has confirmed they have passed the £50 Million mark in lending transactions on their platform.  LendInvest passed the £25 Million hurdle just this past January… Read More

March 31, 2014 @ 8:00 am By Georgia Quinn  |  

Fresh from my trip across the pond, I can tell you I have seen the light. Crowdfunding can and is working and we (the United States) are behind the eight ball on this one. When describing the US regulatory regime to crowdfunding professionals in the… Read More

March 29, 2014 @ 6:00 am By JD Alois  |  

Reacting to George Osborne’s suggestion that banks may be required to release information on SMEs that they reject for finance to alternative credit suppliers, Andrew Holgate, MD of Assetz Capital, one of the UK’s fastest-growing P2P lenders, commented: “When a bank says “no” to a… Read More

March 24, 2014 @ 2:37 pm By JD Alois  |  

Peer to peer (P2P) lending will be the vehicle that pulls saving back from the brink of extinction, thanks to a recent boost from government linking P2P with ISAs, says Madiston LendLoanInvest. This follows recent commitment from the Treasury that P2P lending will now be… Read More

March 22, 2014 @ 9:03 am By JD Alois  |  

P2P Crowdfunding Platform Sees Exponential Growth. DealStruck is a P2P crowdfunding platform that is focused on loans for small businesses.  They want to combine the best of crowdlending with the best of traditional finance.  Dealstruck states that more than 82% of small businesses seeking loans… Read More