Tagged: peer to peer

March 23, 2021 @ 9:00 am By JD Alois  |  

Robo.cash, a peer-to-peer lending marketplace, says the top asset classes for investing in 2021 are gold, crypto followed by peer to peer loans. Robo.cash says that researchers analyzed 10 popular assets and ranked them in 7 different criteria. All assets were given a score of… Read More

March 22, 2021 @ 7:31 am By Omar Faridi  |  

European peer to peer lending platform Bondora confirmed in a blog post on March 19, 2020, that its performance remained steady during the month of February 2021. While commenting on its annual performance, Bondora notes that the return rate remained steady at 17.4% for the… Read More

March 20, 2021 @ 12:52 pm By Omar Faridi  |  

Digital asset exchange Binance, which is being investigated by CFTC for a possible violation of US rules, recently explained why people should consider using cryptocurrencies when making cross-border payments. Binance notes in a blog post that traditional borderless transactions can be “cumbersome” with each transfer… Read More

March 18, 2021 @ 8:22 am By Omar Faridi  |  

Asset-backed lending platform Ablrate has recorded its largest full financial year (FY) profits to date, even though there was a significant decline in turnover following the COVID-19 outbreak. As first reported by P2P Finance News, Ablrate’s owner, Aviation and Tech Capital, reveals that the P2P… Read More

March 16, 2021 @ 10:01 pm By Omar Faridi  |  

Assetz Capital, a peer-to-peer lender that originates secured loans, recently promoted Andrew Fraser to its UK Director for the North. The new appointment comes as the firm plans to focus on driving more lending to small businesses after exceeding the £1 billion mark in 2020…. Read More

March 15, 2021 @ 10:10 am By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, recently shared their performance data from the Prosper Portfolio for the month of February 2021. Key highlights from the report are as follows: In February 2021,… Read More

March 15, 2021 @ 9:29 am By JD Alois  |  

4thWay, an independent ratings agency for the peer-to-peer lending industry, is out with a report on the performance of P2P investing over the past 15 years. The company states that all 15 years of activity have been profitable for investors even during the Great Recession… Read More

March 13, 2021 @ 7:42 pm By Omar Faridi  |  

Croatian peer to peer lender Robo.cash has revealed that it finished the month of February 2021 with new records and has continued its loyalty program. Robo.cash notes that in February, their investors funded €9.6 million worth of loans, which is reportedly the “second-best result” in… Read More

March 13, 2021 @ 5:38 pm By Omar Faridi  |  

The team at UK-based Blend Network, an online P2P lender, notes that today’s “online” or digital world has made it easy for us to engage in e-commerce, work online or remotely, and even make investments via Internet-based platforms. Blend Network confirms that they’ll be conducting… Read More

March 12, 2021 @ 7:36 am By Omar Faridi  |  

EstateGuru, an Estonia-based peer-to-peer lender facilitating secured loans, has released its loan portfolio overview report for the month of February 2021. EstateGuru reports that in February, they continued to apply their “proactive” business model, and this led to the financed loan amount exceeding €10M (again),… Read More

March 8, 2021 @ 8:21 am By JD Alois  |  

Peer-to-peer lender Folk2Folk says they are experiencing ongoing inflows for its Innovative Finance ISA (IFISA) – a tax-free retirement savings account. Launched in July 2017, the IFISA has reportedly seen year-on-year growth attracting a cumulative total of more than £26 million in ISA funds. Inflows… Read More

March 3, 2021 @ 7:53 am By Omar Faridi  |  

UK-based Folk2Folk, a P2P lender supporting local and rural businesses, notes that “shifting sands” within the peer to peer sector have left some retail investors “high and dry.” Folk2Folk reveals that some retail investors have been “abandoned” in favor of institutional investors. There have also… Read More

March 3, 2021 @ 6:30 am By Milena Naitoh  |  

The ASEAN economy is expected to become the fourth-largest economy in the world by 2030, growing at a pace of over 5% per year. Small and medium enterprises (SMEs) are the biggest contributors to this regional growth — they account for between 89% and 99%… Read More

March 1, 2021 @ 11:25 pm By Omar Faridi  |  

Leading crypto exchange Binance notes that their peer-to-peer service helps users establish a “competitive” peer-to-peer digital currency trading business. Since its launch back in October 2019 for just a single market, Binance P2P has become a major global marketplace for peer-to-peer trading of virtual currencies…. Read More

March 1, 2021 @ 8:13 am By Omar Faridi  |  

Online peer-to-peer lender Blend Network notes that the UK was the world’s first country to authorize and begin administering the Pfizer/BioNTech vaccine on December 8, 2020. The vaccine had been on track to immunize 15 million individuals by February 15, 2020. The immunization efforts have… Read More

February 28, 2021 @ 11:48 pm By Omar Faridi  |  

The team at Bondora, a European peer-to-peer lending platform, reveals that their secondary market “remains unpredictable,” growing again during the month of January 2021. The Bondora Secondary Market began the new year in “growth” mode, the company claims. Transactions “totaled €396,072 over January—an 11.7% increase… Read More

February 28, 2021 @ 5:12 pm By Omar Faridi  |  

UK-based peer-to-peer (P2P) lender JustUs says it aims to “disrupt” the lending landscape and become an established provider of crowdfunded financial products for consumers with the JustUs ISA. To undertake Peoples Mortgages, JustUs noted that it will be “required to gain regulatory approval which is… Read More

February 26, 2021 @ 3:39 pm By Omar Faridi  |  

Dan Dolev, Mizuho senior Fintech Analyst, recently commented on who he thinks might be the long-term “winners” in payments and the wider financial technology space. Dolev, who shared his views and insights with Yahoo Finance, noted that Square is “all about the terminal value.” He… Read More

February 22, 2021 @ 11:45 pm By Omar Faridi  |  

EstateGuru, an Estonia-based peer-to-peer lender facilitating secured loans, notes that the first month of this year was a “successful” one for the platform’s borrowers and investors. EstateGuru revealed that they’ve financed a total of €14 million worth of loans. The P2P lender also confirmed that… Read More

February 20, 2021 @ 2:11 pm By Omar Faridi  |  

Latvia-based peer to peer (P2P) lender Grupeer noted on February 19, 2021 that last year, they had informed everyone that they were planning to “aggressively” pursue claims against the Loan Originators that were in default. Grupeer confirmed that they had prepared “most of the necessary… Read More