Tagged: peer to peer

European Loan Marketplace Mintos to Enhance Default Diversification for Custom Automated Strategies

Peer to peer lending marketplace Mintos notes that it will be improving “default diversification” for custom automated strategies on its platform. The Mintos team confirms that they currently provide several ways to invest. According to the lending platform’s developers, these strategies “give investors extra control… Read More

EstateGuru Reveals it Closed 2020 with Solid Results During December with Platform Investors Financing €18.3M in Loans

EstateGuru, an Estonia-based peer to peer lender facilitating secured loans, has revealed that it closed 2020 with solid results and performance in December during which the platform’s investors financed a total of €18.3 million worth of loans. EstateGuru confirmed in its loan portfolio overview for… Read More

TWINO Reports Net Profit of €5.8 Million for 2019

TWINO, a Latvia based peer to peer lender, is reporting €5.8 million in net profit for 2019. According to the company, TWINO Group earned €8.3 million in net income or a net profit of € 5.8 million “enhanced” by € 2.5 million  in “other comprehensive… Read More

Nearly €400M Invested via European P2P Lending Platform Bondora, with Almost €50M in Returns Paid to Investors in Past 12 Years: Report

Bondora, a European peer to peer (P2P) lending platform, acknowledges that 2020 was a “rollercoaster ride,” but they’re pleased to confirm that they ended the year off “on a high.” Bondora recently revealed that its December 2o20 investments reached €7,043,525.00— which was reportedly the 4th… Read More

Malaysia based P2P Financing Platform microLEAP Acquires $800,000 in Capital to Expand Business Operations

Malaysia-based microLEAP, a platform that provides conventional and Islamic or Shariah-compliant peer-to-peer (P2P) financing options, has acquired RM 3.25 million (appr. $800,000) in capital. The platform’s investment round consists of RM 1.25 million in equity and a RM 2 million advance. The funds raised will… Read More

UK based Marketplace Lender Growth Street Says All its Platform Investors to Get their Money Back, as Company Winds Down Operations

UK-based marketplace lender Growth Street revealed on Tuesday (January 12, 2020) that all of its platform investors would be getting their funds back, as the company continues to wind down its operations (while still being solvent).  Kim Goetzke, COO at Growth Street, noted that returning… Read More

Indonesian Peer-to-Peer Lender Alami Reportedly in Talks to Finalize More Than $10 Million Through Series A Funding Round Led By AC Ventures

ALAMI, an Indonesia-based peer-to-peer lender, has reportedly finalized more than $10 million through its Series A funding round. According to DealStreetAsia, the investment round was led by AC Ventures. Founded in 2017, ALAMI describes itself as a peer-to-peer finance platform that connects funders to SMEs. “We… Read More

How the Regulatory Framework for Crowdfunding Platforms in Southeast Asia will Benefit SMEs and Investors

Peer-to-peer (P2P) lending has come a long way since its early days as a casual crowdfunding platform. Today, individual borrowers and small and medium-sized enterprises (SMEs) can access loans without the hassle of going through banks and lengthy financial assessments. Still, P2P lending is a… Read More

P2P Lending Platform Blend Network Investor Says Housing or Real Estate is Really Important to UK Economy and for Financial Well-Being

The team at Blend Network, an online peer to peer (P2P) property lending platform, recently shared comments and feedback from one of their lenders. UK-based Blend Network notes that a platform lender (investor) “Maria,” has spent most of her career working in management roles and… Read More

P2P Bitcoin Exchange Paxful Is Now Offering 20% Discount on External Crypto Wallet Send Out Fees in 2021

Peer to peer Bitcoin exchange Paxful has announced that it’s starting off 2021 with a 20% discount. The crypto trading platform will be reducing external digital wallet send out fees by 20% beginning on Monday, January 11, 2021. As noted by Paxful: Send Out Amount … Read More

RateSetter to Reportedly No Longer Process New Transfer-in ISAs Requests From Other Providers; No New IFISA Accounts Will be Opened for Existing Customers

  RateSetter, a leading UK based peer to peer lender, is reportedly telling investors that starting at the end of January 2021, it will no longer process any new transfer-in ISAs requests from other providers. According to P2PFinance News, the online lender stated it will… Read More

Linked Finance Becomes Ireland’s First Non-Bank Lender to be Added to Country’s COVID Credit Guarantee Scheme

Linked Finance, an Ireland-based peer to peer lender, has reportedly been added to the country’s COVID-19 credit guarantee scheme. Notably, the P2P platform is the country’s first non-bank lender to be included. Linked Finance, which is one of Ireland’s largest P2P lending platforms, is now… Read More

Robo.cash Reports €200 Million in Funded Loans

Peer to peer lending marketplace Robo.cash is reporting that it topped €200 million in funded loans during the month of December. In November, Robo.cash says it set a record of €9.2 million funded in a month. According to the company, during the summer investment volume… Read More

Bitcoin Analyst Discusses the Pros and Cons of Peer to Peer Cryptocurrency Trading on Platforms like LocalBitcoins

LocalBitcoins, one of the oldest and most widely-used Bitcoin (BTC) services, reveals that most of its customers are based in developing countries. These are places (such as Argentina and Venezuela) where Bitcoin is needed badly as a store of value because local fiat currencies have… Read More

P2P Bitcoin Exchange Paxful Claims 5M Users Globally, May Introduce Support for More Digital Currencies and Crypto Debit Card

The team at Paxful, a leading peer to peer Bitcoin (BTC) exchange, acknowledges that 2020 was quite rough. They claim that even though it may have been the hardest year of many peoples’ lives, there were still some positive developments. In January 2020, Bitcoin was… Read More

London’s P2P Invoice Financing Platform MarketFinance Increased Lending to Over £340 Million this Year

Anil Stocker, CEO and Co-founder at UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that like many of the businesses they support, MarketFinance spent the past 10 months dealing with major changes and challenges, “finding ways forward against all the… Read More

European P2P Lender Bondora Reveals that 52,000 New Investors Joined Platform, Records 3rd Year of Profitability

Peer to peer lending platform Bondora has shared its top highlights for this year. The P2P lender notes that 2020 has turned out “quite differently than many of us expected.” While we all faced many different challenges due to COVID-19, Bondora says it has had… Read More

P2P Property Lending Platform Blend Network Reports Strong Q4 2020, Says COVID Vaccine Announcement led to Stock Market Rally

The team at Blend Network, an online peer to peer (P2P) property lending platform, notes in its latest monthly market pulse report that one of the very few, seemingly positive headlines of this year is Britain becoming the first country to license a “fully tested”… Read More

Marketplace Lender Prosper has Provided $18 Billion in Loans, Platform Issued 2,258 Loans this Past Week

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, has shared their performance data from the Prosper Portfolio for November 2020. Last month, around 84% of originations were “rated AA-B compared to 86% in the… Read More

P2P Bitcoin Exchange Paxful Introduces PaxBot for “Doing the Heavy Lifting” for Crypto Traders, As Trading Volumes Surge in Vietnam

The team at Paxful, a peer to peer (P2P) Bitcoin exchange, notes that there are times when we just want to sit back and let someone else “do the heavy lifting for us.” The Paxful team aims to make looking for offers a lot easier… Read More

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