Tagged: peer to peer

September 16, 2014 @ 8:24 am By JD Alois  |  

Hybrid investment crowdfunding platform  Crowd of Angels has announced an opportunity to invest in a crypto-currency.  LXCCoin is described as the “worlds first asset based crypto-currency.  The company states it has “both 100% real asset value and inbuilt profitability”,  The expected annual rate of return is predicted to be 12%-15%.  LXCCoin… Read More

September 15, 2014 @ 8:30 am By Georgia Quinn  |  

Although you may not have heard of Bondora, if you follow the peer-to-peer (P2P) lending industry, you most likely will soon. Bondora is one of the fastest growing peer-to-peer lenders in the world and they are operating in a market with few competitors. Bondora is… Read More

September 13, 2014 @ 9:39 am By JD Alois  |  

For followers of the peer to peer lending industry this should come as no surprise.  P2P lending in the UK has no passed the £2 billion mark as it continues to surge forward as more consumers, and more investors, take advantage of the more effective… Read More

September 12, 2014 @ 8:00 am By Naiwen Zhang & Yangjie She  |  

China, like much of the world, has uncovered the power of the crowd to finance many different things. Peer to peer (P2P) lending may have started, in its current online form in the UK, but is now firmly established in China and is the largest… Read More

September 11, 2014 @ 11:02 pm By JD Alois  |  

Fitch Ratings director Brendan Sheehy addresses the emerging peer to peer (P2P) lending industry in a brief video presentation.  Sheehy, believes that P2P lending could be a disruptive force within the banking industry – just like so many others. He notes that since 2009, P2P… Read More

September 10, 2014 @ 12:05 pm By JD Alois  |  

  China based peer to peer (P2P) lending site Jimubox announced today during a press conference in Beijing they had secured a substantial $37,190,000 investment in a Series B round.  The funding was said to be “competitive” and was led by Xiaomi and Shunwei Capital… Read More

September 9, 2014 @ 10:38 pm By JD Alois  |  

The first peer to peer lending platform in New Zealand “Harmoney” officially launched earlier today stated it had commitments for $100 million in capital funding mainly from four investors.  Earlier this week it was reported that established bank Heartland had taken a significant equity stake… Read More

September 9, 2014 @ 11:20 am By JD Alois  |  

The investment opportunity generated by new, innovative peer to peer lending platforms is becoming more and more apparent to mainstream finance.  Today Blue Elephant Capital Management has announced that Brian Weinstein, a former head of fixed income at BlackRock, has joined their firm as a… Read More

September 7, 2014 @ 9:25 pm By JD Alois  |  

In a conversation about peer to peer lending in the United Kingdom with Cormac Leech, the financial analyst was quoted saying that,  “It [P2P lending] would redeploy resources equivalent to £32 billion into the wider economy. People would have more disposable cash. Everyone would have… Read More

September 7, 2014 @ 9:03 pm By JD Alois  |  

New Zealand bank Heartland, an institution with roots going back to 1875, has taken a 10% equity stake in peer to peer lending startup Harmoney.  This investment has occurred only months after Harmoney received its license to operated in New Zealand.  Heartland bank has targeted… Read More

September 6, 2014 @ 4:53 pm By JD Alois  |  

Nesta, an “innovation charity” that also produces some pretty interesting research reports, recently published a document addressing the UK collaborative economy.  Of course the document encompasses a good part of crowdfunding because crowdfunding is all about collaboration.  Nesta publishes some pretty solid data and perspective…. Read More

September 5, 2014 @ 4:58 pm By JD Alois  |  

In a brief post on their web site,  peer to peer lender Lending Club announced they have added another states to their growing list of places that may use their platform.  While not everyone may be aware of this – not all states allow peer… Read More

September 5, 2014 @ 11:20 am By JD Alois  |  

The Investment  and Wealth Management Awards are looking for votes. The annual event seeks to acknowledge leaders in the UK finance industry.  The initiative is organized by the FT and Investors Chronical.  They are looking to identify the very best in Brokers, Managers, Forex providers… Read More

September 4, 2014 @ 9:00 am By JD Alois  |  

In a bit of a coup, solar energy peer to peer financing platform Mosaic has announced that Lisa Gansky will be joining its board of directors. Lisa is a noted entrepreneur and author of the book Mesh: Why the Future of Business is Sharing which… Read More

September 3, 2014 @ 8:33 pm By JD Alois  |  

Peer to peer lending platform Funding Circle (US) has just tweaked their loans as they want to encourage small business to greater advantage of their funding platform.  The P2P lender has adjusted their rates to as low as 8.99% for a two year term loan…. Read More

September 2, 2014 @ 2:50 pm By JD Alois  |  

Making P2P a successful part of your investment portfolio The UK alternative finance market grew by 91 per cent from £492 million in 2012 to £939 million in 2013 and is predicted to grow to £1.6 billion in 2014. The peer to peer finance industry… Read More

August 29, 2014 @ 2:37 pm By JD Alois  |  

According to a recent report RainFin, a Peer to Peer lender owned in part by Barclays, is broadening its reach to include small business loans.  The P2P lender is following a similar path to Lending Club, the large US based P2P lender that just announced… Read More

August 29, 2014 @ 9:17 am By JD Alois  |  

Peer to peer lending platform Dealstruck has provided GIA Power Management with Dealstruck’s “CrowdLine” product.  GIA is a commercial development and construction company  This line of credit is an alternative to high-interest loan options.  CrowdLine has assisted GIA when the company was unable to find… Read More

August 29, 2014 @ 9:03 am By Samantha Hurst  |  

Bank lending to the private sector in the US has stagnated in the last year, down by 0.13% in real terms, and continuing to fall behind the rest of the G7, according to a new study by UHY, an international accountancy network. UHY warns that… Read More

August 28, 2014 @ 7:44 am By JD Alois  |  

The Bank of England has released data on the UK Funding for Lending Scheme (FLS), a governmental program created to boost lending. According to the report on 2014 Q2 data, “net lending by FLS Extension participants to small and medium-sized enterprises (SMEs) was slightly negative… Read More