Tagged: peer to peer

NASAA Adopts Statement of Policy on Peer to Peer Lending

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

P2P Investments Generated Substantial Returns in 2022, while Crypto Recorded Largest Decline: Report

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

P2P Investments Are Increasingly Being Added to Investor Portfolios: Report

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

Decentralized Communication Platform Satellite IM Finalizes $10.5M Round

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

Robo.cash Comments on Fintech, P2P Lending Sector in Europe

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

NXP, ING, Samsung to Pilot UWB-Based P2P Payment App

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

Croatian Lender Robo.cash Provides Update on RC Riga Singapore

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

P2P Consumer Lending Platforms Are “Most Stable” in their Growth, Robo.cash Report Claims

P2P consumer lending platforms are the “most stable” in their growth, while the business segment is “increasing faster than the others,” the team at Croatian lender Robo.cash claims. Geographically, sustainable development is “mainly shown” by Croatian and Italian platforms, the Robo.cash writes in a blog… Read More

P2P Investors Are Now Increasingly Focused on ESG: Report

According to a recent Robo.cash survey, a quarter or 25% of P2P investors are “actively involved in the ESG trend.” At the same time, the survey by Robo.cash reveals that “most respondents take this criterion into account when choosing a P2P platform.” Over half of… Read More

Impervious.ai Finalizes Seed Round to Develop the P2P Internet Standard

Impervious Technologies Inc. is pleased to confirm the close of their seed financing round, with participation from Bitcoin and privacy-focused investors including CoinShares, NYDIG, Trammell Venture Partners, Fundamental Labs, Strategic Cyber Ventures, TEN-31 and others “to scale the Peer-to-Peer (P2P) internet standard.” As noted in… Read More

UK’s Sourced Capital Looks into Benefits of Alternative Property Investment

The team at UK’s Sourced Capital notes that one of the “best” reasons for investing in property is the “potential” financial returns. However, what if you were not able to commit to “hands-on” investments? Sourced Capital has shared some of the alternative property investments. With… Read More

P2P SME Lender FOLK2FOLK Reports Solid Year for IFISA Activity

FOLK2FOLK, an SME lender that matches investors with borrowers, is reporting a “record year” for its Innovative Finance ISA (IFISA) for the tax year 2021/22, sharing that the company received 44% more ISA funds than in the previous year. FOLK2FOLK states that it has seen… Read More

North American Securities Administrators Association Targets Peer to Peer Lending Platforms

The North American Securities Administrators Association (NASAA) is scrutinizing peer-to-peer lending. NASAA is the association and lobbying group that represents state and provincial regulators in North America. NASAA has issued a proposal on P2P lending and is seeking public comment on the Statement of Policy… Read More

Croatian Lender Robo.cash Comments on Red Flags in P2P Investments, How to Spot Scams

In recent years, the peer-to-peer market has become “a competitive alternative to traditional assets due to attractive returns on investments, their predictability (yield and term are known in advance), ease of management and low volatility.” according to an update from Robo.cash. However, Robocash clarifies that… Read More

Intermediation of New P2P Loans, Crowdfunded Loans on Fellow Finance Platform to End

Fellow Finance‘s general meeting has on 22 December 2021 approved the merger of Fellow Finance into Evli Bank Plc “in accordance with the merger plan signed on 30 September 2021.” The planned effective date of the merger “is on or about 2 April 2022.” The… Read More

Online Lending Marketplace Robo.cash Launches in Sri Lanka

Peer-to-peer lending platform Robo.cash has announced the launch in Sri Lanka with new commercial loans. Operating under  Robocash Group in Sri Lanka, the online lending platform now allows users to invest in loans for a period of 3 years at 12.5% with monthly interest payments,… Read More

European Lender Bondora Reports that Estonian and Spanish Originations Grew in Feb 2022

For the most part, February 2022 had “similar figures” to January, making for quite a stable start to the year, the team at European lender Bondora noted. The firm added that during a time when life can “feel uncertain,” they aim to be “a constant… Read More

Croatian Lender Robo.cash Comments on How P2P Investments are Taxed, Also Provides Update on Russia-Ukraine Crisis

Croatian P2P lender Robo.cash recently commented on whether peer-to-peer investors are equal when it comes to “taxing their income.” To address the question, Robo.cash has assessed the European legislative framework. Robocash writes in a blog post that the national legislations of European countries “generally have… Read More

P2P Lender FOLK2FOLK Reports to Be on Track for £2 Million Profit

FOLK2FOLK, a peer-to-peer lender that aims to provide access to capital for UK SMEs, says it anticipates a £1.98 million profit for its 2021 fiscal year approximately 2X versus the year prior. Subject to audit, this is expected to be the company’s largest annual profit… Read More

Online Lending Platform Linked Finance Now Offers Businesses to Borrow Against Card Sales, Partners with fire.com

Linked Finance, a peer-to-peer lending platform serving SMEs in Ireland, has announced the launch of a new service allowing clients the ability to borrow against card payments. According to Linked Finance, Merchant Cash Advance will allow businesses to borrow a lump sum and then repay… Read More

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