Tagged: peer to peer

P2P Lending: Assetz Capital Exits Retail Segment, Only Institutional Money Going Forward

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

SaveLend Reports Results of Option Redemption

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

P2P Investments Are Expected to Perform Well in 2023, Report Claims

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

Investment Platform Robocash Reports €21 Million in Loans Funded in November 2022

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

Monthly Volume of Funding Secured by P2P Platforms Tends to Rise in December, Report Reveals

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

Prosper Marketplace Secures $75M in Growth Capital

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

Jack Henry Introduces Real-Time Person-to-Person (P2P) Payments

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

Mozzeno, a Belgian Peer to Peer Lender, Reports Topping €100 Million in Loans

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

Proplend, an Investment Platform for Commercial Property Loans, Appoints New Chairman of the Board

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

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

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