Tagged: peer to peer

December 27, 2014 @ 4:01 am By JD Alois  |  

AutoChina International released its Q3 results along with 9 month results for calendar 2014.  Total revenues for 9 months ended in September were stated to be $591.3 million, a 40% increase over same period last year of $419.8 million.  AutoChina International Limited is a provider… Read More

December 26, 2014 @ 5:56 am By JD Alois  |  

Singapore based peer to peer lending platform MoolahSense curates the companies that seek funding on its platform.  CEO and founder Lawrence Yong recently explained the MoolahSense approach while visiting the studios of CNBC Asia during a segment of The Tech Call.  The platform made its debut… Read More

December 21, 2014 @ 8:27 am By JD Alois  |  

The embedded audio below is from a periodic segment produced by the Economist as part of their “Money Talks” series.  This specific session recorded earlier this month touches on China and the booming stock market,  Peer to Peer Lending Market and the rise in dollar denominated debt. The… Read More

December 19, 2014 @ 9:41 am By Erin Hobey  |  

The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations in November. As readers may know, this is the largest study to date on crowdfunding, peer-to-peer lending and other forms of… Read More

December 18, 2014 @ 11:50 pm By JD Alois  |  

Folk2Folk, a locally focused peer to peer lending platform, has passed a bit of a milestone.  The P2P site has now originated over £40 million in loans with a default rate of zero. Folk2Folk is the future of finance.  The company is targeting local businesses… Read More

December 18, 2014 @ 6:03 pm By JD Alois  |  

Lending Club (NYSE: LC), the  first publicly traded peer to peer lending platform, continues its expansion across the United States.  The company has shared its platforms is now available for investors based in Massachusetts.  All peer to peer lending platforms must deal with a wide… Read More

December 18, 2014 @ 3:02 pm By Samantha Hurst  |  

With 2015 just around corner, RateSetter announced on Thursday (December 18th) that it has taken on the loan book of GraduRates, a fellow peer-to-peer (P2P) lender which helps students finance their education, funding loans for postgraduate study. GraduRates, which launched in 2010, has decided to… Read More

December 17, 2014 @ 10:18 pm By JD Alois  |  

Landbay, a peer to peer lending platform that targets the buy-to-let market (or rental real estate sector), has commissioned a research report provided by Wriglesworth Consultancy to review their market niche.  The publication titled Democratizing Mortgage Lending has just been released. The published results, as… Read More

December 17, 2014 @ 1:11 pm By JD Alois  |  

The next peer to peer lending platform to publicly trade, OnDeck, hit the screens of the NYSE today trading under the symbol ONDK.  The company filed its S-1 with the SEC this past November catching the wave of Lending Club’s IPO success earlier this month…. Read More

December 17, 2014 @ 12:28 pm By JD Alois  |  

Peer to peer lending platform Proplend has stated they are now approved for inclusion in pension funds.  Proplend is a direct lending platform that targets the secured commercial mortgage market.  In a company note, management states it has recently been approved by pension providers to accept… Read More

December 17, 2014 @ 10:45 am By JD Alois  |  

UK based peer to peer lending platform Lendable has raised approximately £2.5 million in a seed round. Lendable states their new platform, only launched at the beginning of 2014, can  deposit funds in your bank account in “minutes” – once a quote is accepted.  The… Read More

December 17, 2014 @ 10:00 am By Samantha Hurst  |  

Invest4Justice, a new online financial platform that upends this historical inequity by creating what’s considered the first online market for justice, leveling the playing field between litigants, globally, regardless of their financial resources. The platform attacks this historical unfairness by combining two tools that have… Read More

December 17, 2014 @ 8:00 am By Erin Hobey  |  

In late November  The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. As readers may know, this is the largest study to date on crowdfunding, peer-to-peer lending and other forms… Read More

December 13, 2014 @ 4:26 am By JD Alois  |  

The below infographic depicts some data points correlating with the forthcoming inclusion of peer to peer assets in ISAs.  With the comment period closing on the UK Consultation regarding this change expectations are for final parameters to be announced sometime in early 2015.  Both savers… Read More

December 13, 2014 @ 4:14 am By JD Alois  |  

The UK Treasury officially announced the inclusion of peer to peer loans in Individual Savings Accounts (ISA’s) back in October 2014. Chancellor of the Exchequer George Osborne included the announcement in the 2014 Budget presentation.  ISA’s were adjusted in July of 2014 slightly increasing the… Read More

December 11, 2014 @ 1:46 pm By Samantha Hurst  |  

Earlier this morning, Crowdfund Insider reported that Lending Club, the largest peer to peer lender in the world, announced it will finally be listing shares today as its public offer trades on the New York Stock Exchange. The platform’s IPO will be  trading under the symbol… Read More

December 9, 2014 @ 7:58 am By JD Alois  |  

Trillion Fund recently launched an equity crowdfunding round on Seedrs and to date the campaign has raised £180,000 on a goal of raising £500,000.  The valuation of the company was lowered from a previous pre-money amount of £ 6 million to £4.5 million today thus… Read More

December 8, 2014 @ 11:47 pm By JD Alois  |  

The largest peer to peer lending platform on the planet, Lending Club, will finally trade shares later this week as the highly anticipated IPO hits the screens of the New York Stock Exchange.  As many industry followers have expected, the projected price per share has… Read More

December 7, 2014 @ 11:46 pm By JD Alois  |  

Financial guru Suze Orman, no fan of banks, has shared her wisdom on the benefits of using a peer to peer lending platform from the perspective of a borrower.  She tells the camera, “is it a smart move for you…?”. Orman correctly describes P2P lending… Read More

December 5, 2014 @ 2:04 pm By Dara Albright  |  

A financial revolution – ignited by hordes of individuals who have grown leery of conventional financial institutions, and powered by contemporary P2P and crowdfund marketplaces – has been germinating across the planet. In the same way that the Industrial Revolution redefined manufacturing and the Internet… Read More