Tagged: peer to peer

January 30, 2023 @ 10:14 am By Omar Faridi  |  

According to a Robocash survey, P2P investments confidently “remain popular among respondents with an average income.” At the same time, the share of investors with large portfolios “is growing, reaching 35%,” the team at Robo.cash has revealed. At the end of 2022, investors with income… Read More

January 27, 2023 @ 8:45 am By JD Alois  |  

Fagura, a Fintech that aims to become the “first community digital bank in CEE for anyone to borrow, invest and transfer money,” has raised over €786,000 on Seedrs. According to the offering page, 287 investors backed the firm, which easily topped its €400,000 initial funding… Read More

January 9, 2023 @ 10:18 am By Omar Faridi  |  

The European P2P market is expected to lower its growth in 2023 “as financial institutions grapple with inflation,” according to an update from Robo.cash. Robocash analysts see several possible scenarios for the European P2P market development in 2023. The baseline scenario “implies that the market… Read More

December 20, 2022 @ 6:40 am By Omar Faridi  |  

The British P2P market continues to steadily grow, but is “facing significant competition from continental players,” according to an update from Robo.cash. Against the background of the local market isolation after Brexit and the departure of a number of major players, the British P2P market… Read More

December 16, 2022 @ 9:13 am By JD Alois  |  

Assetz Capital will exit its retail business and emerge as a lending platform completely funded by institutional money, according to an update posted on the company’s website. For observers of the peer-to-peer lending industry, the decision should come as no surprise. Assetz Capital has been… Read More

December 14, 2022 @ 8:35 pm By JD Alois  |  

SaveLend Group AB, a savings platform for savers to generate yield through credit, such as SME, real estate, consumer credit, and factoring in both SEK and EUR, has announced the outcome of the option redemption. According to a statement by SaveLend,  the company has received… Read More

December 12, 2022 @ 11:11 pm By Omar Faridi  |  

According to Robocash analysts, traditional currency and P2P investments remain the “most promising” assets in 2023. The most “controversial” asset class this year has been cryptocurrency (or crypto-assets), the Robo.cash team wrote in a blog post. To determine the “most favorable” assets for 2023, platform… Read More

December 6, 2022 @ 7:20 pm By Omar Faridi  |  

The New Year holidays are rapidly approaching. While you are making a gift shopping list, investment platform Robo.cash shares the key results from November. As noted in the update from Robocash, investors “bought loans in the record amount of 21M euro.” 696 P2P enthusiasts reportedly… Read More

November 28, 2022 @ 8:57 pm By Omar Faridi  |  

The monthly volume of funding raised by P2P platforms traditionally “grows in December,” according to an update from Robo.cash, an online investment platform. Geographically, the Baltic countries “show the greatest stability over the year,” the team at Robocash writes in a blog post. Robocash platform… Read More

November 18, 2022 @ 12:23 pm By Omar Faridi  |  

Prosper Marketplace, which claims to be the “first” peer-to-peer lending platform in the United States, announced the closing of a new $75 million financing “from a fund managed by Neuberger Berman.” This capital enables Prosper “to meet strong consumer demand for its personal loan, credit… Read More

October 26, 2022 @ 10:07 pm By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) announced the launch of its standalone person-to-person (P2P) payments solution. Powered by the Payrailz® Digital Payments Platform, which Jack Henry acquired September 1, 2022, the P2P solution is now “available for standalone implementation or as a strategic component of the full… Read More

October 7, 2022 @ 5:22 pm By JD Alois  |  

Mozzeno, a peer-to-peer lending platform based in Belgium, has surpassed €100 million in individual loans, according to a blog post. Mozzeno raised €465,000 in pre-seed funding in 2016 and went on to originate its first loan the following year. Mozzeno celebrated its 5-year anniversary in… Read More

October 6, 2022 @ 10:33 am By JD Alois  |  

Proplend, an online lending platform that allows individual investors to partiipate in commercial property loans, has appointed a new Chairman of the Board. According to a note from Proplend, Jason Oakley is the new Chair. Oakley was most recently the Managing Director of Metro Bank…. Read More

September 20, 2022 @ 5:17 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has announced a new Statement of Policy regarding peer-to-peer lending (P2P Lending) adopted during its annual Fall Meeting in Nashville. P2P lending is the act of individual investors providing capital to a borrower – either for a single… Read More

September 7, 2022 @ 7:43 am By Omar Faridi  |  

Economic uncertainty, which peaked in the first half of 2022, “challenged investors to reconsider finance instruments in terms of risk-reward ratio,” according to an update from Robo.cash. The analysts at Robo.cash recently commented on “popular” assets and how they have been performing since the beginning… Read More

August 17, 2022 @ 10:57 am By Omar Faridi  |  

Robo.cash notes that since the beginning of 2022, P2P investments have increased their share in investor portfolios (considerably more than other assets). At the same time, when planning their future expenses, investors still “trust stocks more,” the team at Robocash wrote in a blog post…. Read More

August 16, 2022 @ 8:11 am By Omar Faridi  |  

Satellite IM, a fully decentralized peer-to-peer communications platform, has successfully closed $10.5 million in its seed funding round “led by Multicoin Venture Fund and Framework Ventures.” The investment round also “saw participation from prominent institutional venture investors including Hashed Venture Fund, IDEO CoLab, Solana Ventures,… Read More

July 19, 2022 @ 10:54 pm By Omar Faridi  |  

The UK Government is currently dealing with a political crisis with over 50 parliament members resigned from the government “in protest” of Prime Minister Boris Johnson’s leadership, the Robo.cash team recently noted. Many events, like the Chris Pincher affair, raising taxes amid inflation, the “partygate”… Read More

July 10, 2022 @ 12:36 pm By Omar Faridi  |  

NXP Semiconductors (NASDAQ: NXPI) announced that it is working cooperatively with ING Bank N.V. on Project NEAR, which is ING’s pilot of the industry’s “first” UWB-based peer-to-peer payment app. The pilot program will “leverage UWB-enabled Samsung Galaxy smartphones1 to allow consumers to directly share money… Read More

July 6, 2022 @ 8:41 am By Omar Faridi  |  

The team at Robo.cash noted that they will continue updating clients on the work of platform originators in 2022. RC Riga Singapore started the year confidently, “having significantly increased its loan portfolio.” Here are some key points shared by the Robocash team: 78% of loans… Read More