Tagged: peer to peer

October 6, 2014 @ 10:38 am By JD Alois  |  

P2P Lending Surges in 2014 as RateSetter Processes over £200 Million in Loans Year to Date. UK based peer to peer lender RateSetter is celebrating its fourth birthday and as part of the festivities the platform is claiming a leading position in the P2P lending… Read More

October 5, 2014 @ 11:46 pm By JD Alois  |  

Peer to Peer Lender Funding Circle Leads Claims Largest Deal for 2014. According to a report from London & Partners, tech in London is booming and setting record levels of investment.  So far for 2014 technology firms have captured over $1 billion in aggregate investment…. Read More

October 5, 2014 @ 7:03 pm By Getty Goh  |  

Many stakeholders are becoming more aware of the potential crowdfunding has. Specifically, some see this as a viable avenue for projects and start-ups that are looking to raise funds of between S$1million and S$5million. When it comes to million-dollar deals, established crowdfunding platforms like Kickstarter… Read More

October 5, 2014 @ 4:43 pm By JD Alois  |  

Here at Crowdfund Insider we are unabashed fans of peer to peer lending.  It should be easy to understand why too.  As an investor you can generate risk adjusted returns far higher than you can easily generate elsewhere.  With interest rates at an historic low… Read More

October 4, 2014 @ 2:42 pm By JD Alois  |  

Peer to peer lending platform Zopa has announced a strategic hire with the appointment of Jaidev Janardana who is now the company’s Chief Operating Officer (COO).  Jaidev was previously the Chief Marketing Officer for Capital One UK. During Jaideve’s tenure at Capital One he was… Read More

October 3, 2014 @ 10:39 am By JD Alois  |  

LendInvest, a peer to peer lender that targets the commercial mortgage industry, has shifted roles within the Montello.  UK based LendInvest originally started as a subset of Montello, a bridge finance company, but now roles will be reversed as Montello will manage funds under the… Read More

October 3, 2014 @ 7:58 am By JD Alois  |  

Money360, a peer-to-peer (P2P) real estate lending marketplace, has closed a $2 million commercial real estate loan crowdfunded by accredited investors. This was the third loan closed by Money360 in September. Money360 states their recently relaunched platform is on track to fund $25 million in… Read More

October 2, 2014 @ 9:03 am By JD Alois  |  

  In a recent statement P2Binvestor (P2Bi) shared they have signed $7.3 million in client contracts and purchased over $16 million in invoices since this past May.  P2Bi is a crowdfunding platform that offers growing businesses a new method to receive needed working capital.  Businesses… Read More

October 2, 2014 @ 7:53 am By JD Alois  |  

In a public statement by the Financial Conduct  Authority, Wonga has entered into an agreement, known as a voluntary requirement (VREQ), with the FCA that requires it to make significant changes to its business immediately.  Wonga is a payday loan operator in the UK that… Read More

October 1, 2014 @ 1:20 pm By JD Alois  |  

Has peer-to-peer lending has turned into hedge fund-to-consumer lending?  According to a recent report in Risk this may be the case. While P2P lending started out by matching an individual borrower with an individual investor things have rapidly changed.  The outsized returns generated by the… Read More

October 1, 2014 @ 8:40 am By JD Alois  |  

Assetz Capital is participant in the booming growth of peer to peer lending in the United Kingdom.  The P2P lending site has facilitated almost £50 million in loans since the platform launched in 2013.  Recently the company published defaults and losses data in an effort to… Read More

September 25, 2014 @ 7:16 pm By JD Alois  |  

KissKissBankBank a prominent French crowdfunding platform announced today they are moving into the peer to peer lending space with the launch of Lendopolis.  Lendopolis is described as a financement participatif (crowdfunding) platform that allows small to medium enterprises borrow funds.  For the investor who chooses… Read More

September 25, 2014 @ 4:15 pm By JD Alois  |  

Kiwi peer to peer lending platform Harmoney has not wasted any time in getting the loans moving.  Having officially launched on September 10th, the P2P lender has shared they have quickly lent about $2 million.  On top of that – they are rejecting between 70-80%… Read More

September 25, 2014 @ 1:58 pm By Yangjie She & Naiwen Zhang  |  

With the explosive growth over the past seven years, China has become the biggest peer to peer (P2P) lending market in the world. After introducing the four stage evolution in the previous article “The Evolution of Peer to Peer Lending in China”, we will now… Read More

September 24, 2014 @ 9:19 pm By JD Alois  |  

Boca Raton-based CircleBack Lending has entered into a partnership with Jefferies according to a release by the company.  The agreement is to facilitate the sale and securitization of up to $500 million aggregate principle amount of consumer loans. CircleBack was founded in 2013 and states… Read More

September 23, 2014 @ 4:44 pm By JD Alois  |  

Peer to peer lending is all the rage these days – as it should be.  The borrower gets access to much needed capital within days at lower rates than possible via some “other” methods AND there is no trip necessary to your local bank branch…. Read More

September 21, 2014 @ 8:01 pm By JD Alois  |  

Apparently traditional banks are moving into higher rate and thus higher risk personal loans.  This strategic shift is driven, at least in part, by growing competition from peer to peer (P2P) lending platforms. The banking industry, while incredibly important in the US, is one of… Read More

September 19, 2014 @ 10:14 pm By JD Alois  |  

Capgemini recently posed the question;  “To what extent is crowdfunding a problem for our traditional bank manager? And what, if any, pressure does this bring to our big banks?” We think this is an astute question to ask – especially in the UK where peer… Read More

September 18, 2014 @ 6:38 am By JD Alois  |  

Peer to peer (P2P) real estate lender AssetAvenue has announced funding of a retail building loan in Austin, Texas. “The Austin loan satisfied each of our four pillars of value: Market Location, Property Condition, Borrower Strength and Loan Structure,” said Kevin Arrabaca, President of Real… Read More

September 16, 2014 @ 10:14 am By JD Alois  |  

Fast growing peer to peer lender Lendico has moved into a new market, this time targeting the Netherlands.  Lendico was founded in Germany at the end of 2013 but the young platform has quickly moved to expand into regions beyond the German market.  The new… Read More