Tagged: peer to peer

Online Marketplace Lender Prosper Reports that Around 67% of Loan Originations Rated AA-B in July 2021

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, has shared its Performance Update Report for the month of July 2021. As noted in the report prepared by Haiyan Huang from Prosper, dated August 13,… Read More

Automobile Lender Jet Finance Launches on European P2P Lender Mintos

Automobile lender Jet Finance reveals that it has launched on European peer-to-peer lending platform Mintos. As mentioned in a blog post by Mintos, the Jet Finance team says it’s pleased to confirm that it has officially gone live on Mintos. According to the update, Jet… Read More

Robo.cash Survey Reveals that Nearly 80% of European Investors Now Use Digital Tools to Track Spending

Nearly 80% of European investors now use digital tools to keep track of their expenses, according to an update from Croatian peer-to-peer lender Robo.cash. Robo.cash notes in a blog post that 78.9% of investors have been monitoring their spending or transactions via an app or… Read More

Kairi Veere from European Online Lending Platform EstateGuru Explains how to Diversify Real Estate Investment Strategy

Today, nearly a year and a half since the Coronavirus pandemic began, we have all been forced to adapt to the new environment or the “new normal” in almost every aspect of life. As at any time, there are always “winners” in the economy and… Read More

European P2P Lender Mintos Recovers Funds from Ukraine based Lending Firm E-Cash

In April 2021, lending firm E-Cash had reportedly informed European P2P lender Mintos of its intentions to begin closing down its business operations. Due to E-Cash having missed “regular settlement payments” to investors for 7 days and a wind-down process that ‘hadn’t yet been evaluated,”… Read More

P2P Lender Linked Finance Says on Track for Record Year

Irish peer-to-peer lender Linked Finance says it is on track for a record year, reporting the strongest monthly lending volume in the platform’s 7-year history, according to a note from the company. Linked Finance says it lent €5.5 million in July, more than 3X July… Read More

European P2P Lender Bondora Reports Decline in Secondary Market Transactions for July 2021

European peer-to-peer lender Bondora reports that its secondary market transactions fell during the month of July 2021. Last month, Bondora continued to see the “downward trend” of fewer transactions taking place on the Secondary Market, the company confirmed while noting that a total of €162,695… Read More

UK’s easyMoney Questions Why Investments in ISAs Keep Rising Despite Lower Interest Rates, Firm Makes Other Recommendations

UK’s easyMoney, the investment platform from Sir Stelios Haji-Ioannou’s easy family of brands that claims that it has “never lost a penny on its loans,” notes that investment in individual savings accounts or ISAs “continues to grow despite low interest rates.” The company questions whether… Read More

UK’s P2P Property Backed Investment Platform Sourced Capital Shares Common Strategies Used by Borrowers, Investors

The team at UK-based Sourced Capital, the home of property-backed peer to peer investing, notes that when you’re deciding to invest into property, selecting the appropriate location is a good place to begin, and the type of property investment strategy that Sourced Capital’s Borrowers choose… Read More

Proplend Adds VAT Lending, Hires Specialist

UK-based peer-to-peer lending platform Proplend has added commercial property VAT loans, according to a release. Proplend is an FCA-regulated P2P lending platform specializing in sub £5 million commercial real estate debt. To date, Proplend has completed over £130 million of lending and is rated by… Read More

Kazakhstan based Lending Firm LF TECH to Resume offering Loans via P2P Lending Platform Mintos

At the end of 2018, LF TECH had launched on Mintos to provide short-term consumer loans issued in Kazakhstan. After the initial launch, the firm paused activities so it could adopt its new strategy and restructure the company for increased scalability opportunities. LF TECH has… Read More

Saudi Arabia based Islamic P2P Lending Marketplace Forus Capital Acquires Series A Funding

Forus Capital, a Saudi Arabia-headquartered Islamic P2P lending marketplace, has secured funding via a Series A round (for an undisclosed amount). As noted by its management: “Forus Capital [is an] Islamic debt marketplace that enables investors to invest in a marketplace of alternative loans targeted… Read More

Latvia based P2P Lender Sun Finance Exceeds €1B in Loans Issued with €95M Net Portfolio

Latvia-based P2P lending platform Sun Finance has exceeded the €1 billion (appr £851.7 million) milestone in the total loans provided. The company reveals that it’s on track to end 2021 with €200 million in earnings. Established in January 2017, the Sun Finance platform has managed… Read More

Assetz Capital Shares Key Features of Their Recovery Loan Scheme Backed Facility

The team at Assetz Capital, a marketplace lending platform originating secured loans, notes that after the end of the previous COVID-19 loan schemes, the UK Government launched the new Recovery Loan Scheme (RLS). Assetz Capital was accredited to lend via the RLS scheme on July… Read More

European Personal Finance Firm luteCredit Shares Unaudited Results for 2021

IuteCredit, a European personal finance firm, has shared its unaudited results for the first 6 months of 2021. As noted by the Mintos team, luteCredit has reported its operational, strategic, and financial highlights of its business, as well as comments from its Chief Executive. Operational… Read More

European P2P Lender Bondora Reports 2021 Return Rates Still Staying Above Target

The team at European P2P lending service provider Bondora notes that while return rates on their platform originations declined in June when compared to figures from May 2021, returns over the most recent few years “were still above their target rates.” The Bondora team has… Read More

Assetz Capital Says it’s Focused on Improving Lending Criteria based on Changing Costs of Building Projects

The team at Assetz Capital, a marketplace lending platform originating secured loans, says it’s no secret that there’s been an “unprecedented construction material shortage this year,” in the United Kingdom and few would have “forecast the near-perfect storm that has swept through the sector.” The… Read More

European P2P Lender Bondora Reports that Originations Keep Rising for 6th Straight Month

European peer-to-peer lender Bondora reports that originations on their platform keep on rolling in 2021. Last month, originations on the Bondora platform totaled €11,036,285—which represents a 5.9% growth rate when compared to figures from May of this year. This is reportedly the sixth straight month… Read More

Legal Proceedings Brought by P2P Lending Platform Mintos have Recovered Investors’ Funds from Aforti Finance

Legal proceedings brought by European P2P lending platform Mintos have reportedly managed to recover investors’ money from Aforti “in full.” The Mintos team confirmed in an update, dated July 23, 2021, that all of Aforti’s outstanding investments and pending payments have “now been recovered in… Read More

P2P Lender Robo.cash Shares Key Investment Strategies to Maximize Profitability

The team at Robo.cash, a Croatian peer-to-peer lender, has shared key strategies for maximizing profitability when using their platform. Robo.cash notes in a blog post that when you are selecting the best investment strategy, it is important to understand how it may benefit others and… Read More

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