Tagged: peer to peer

August 28, 2014 @ 7:14 am By JD Alois  |  

Odyssey Airlines, a UK based airlines that will offer business class only, transatlantic flights, has passed the £1 million mark crowdfunding on Crowdcube.  This represents 104% of their targeted raise on Crowdcube.  As of today the amount stood at £1,049,230 for over 5% equity in… Read More

August 27, 2014 @ 3:59 pm By JD Alois  |  

Goldman Sachs and Morgan Stanly to Act as Joint Leads. In a widely anticipated move, peer to peer lending platform Lending Club has filed their S-1 registration with the SEC to launch their initial public offering (IPO).  Lending Club made the announcement with an official… Read More

August 26, 2014 @ 10:59 am By JD Alois  |  

CrowdProperty has announced its platform launch with a target of £20 million in funds to be raised from private individuals in its first financial year.  Crowdproperty estimates that around £80 million is the current size of the property crowdfunding market in the past 12 months…. Read More

August 26, 2014 @ 9:43 am By JD Alois  |  

A recent study published by Cognizant addressing the fast growing peer to peer lending space in the United States.  The report calls the market “maturing” and makes recommendations for participants to maintain growth.  Prosper and Lending Club, the two largest P2P lenders in the space… Read More

August 25, 2014 @ 8:23 am By JD Alois  |  

Seattle based InvestNextDoor Allows Communities to Back Businesses and Skip the Banks. In the first 6 weeks of operations, InvestNextDoor has experienced  impressive interest in their new peer to peer lending platform that helps small business skip the banking bureaucracy.  More than 50 new listing… Read More

August 21, 2014 @ 7:46 am By JD Alois  |  

According to research firm Beauhurst, United Kingdom equity investment has been growing at around 25% per year for over three years now – an impressive pace.  At least part of this growth is due to the liberal approach taken by UK regulators regarding new methods… Read More

August 18, 2014 @ 3:25 pm By JD Alois  |  

Our friends at the Cleveland Federal Reserve have published a report on the Peer to Peer lending industry (P2P).  They  have come to the conclusion of just about everyone else but have incorporated some interesting data points.  P2P lending is expected to grow and will… Read More

August 18, 2014 @ 7:58 am By JD Alois  |  

LendInvest, a UK based peer to peer lender that targets the mortgage sector, has announced they have surpassed £100 million in loans via their platform.  The P2P lender was launched in May of 2013 and according to the site this paces LendInvest as the fourth… Read More

August 14, 2014 @ 1:31 pm By JD Alois  |  

Assetz Capital, a UK based peer to peer (P2P) lending platform, has shared their approach to pricing their loans.  Assetz has raised over £40 million since their launch back in 2013.  Assetz Capital is part of the Assetz group of property and financial services companies that… Read More

August 14, 2014 @ 11:00 am By JD Alois  |  

Funding Circle is having a birthday today. The peer-to-peer (P2P) lending platform is turning 4 years old.  We would love to share some cake and sing some songs in celebration but unfortunately a few thousand kilometers separate us from the festivities that most certainly are… Read More

August 13, 2014 @ 11:54 am By JD Alois  |  

Funding Circle, a peer to peer lending platform that strives to operate a highly transparent lending business, recently shared some insight into their defaults and recovery side of their company.  Just like any other investment, lending on a P2P platform entails risk.  Investors mitigate risk… Read More

August 12, 2014 @ 9:58 pm By JD Alois  |  

Orion First Financial, LLC has begun servicing small business loans for Raiseworks, LLC, a New York-based company that operates an online peer to peer lending platform connecting SMEs with institutional investors.  Raiseworks is currently by invitation only.  Orion services include Uniform Commercial Code (UCC)-related services,… Read More

August 12, 2014 @ 7:07 pm By JD Alois  |  

Sancus Holdings Limited launched last year in Jersey with £23 million in capital backed largely by Channel Island investors.  Recognizing the growing potential for peer to peer lending (P2P), Sancus sees opportunity in matching high net worth individuals with small and medium sized enterprises.  Sancus… Read More

August 9, 2014 @ 8:53 am By JD Alois  |  

The United Kingdom has focused great attention and energy on encouraging an economic environment of innovation and entrepreneurial growth.  While actions always speak louder than words from a US perspective, we sometimes look with envy at what is occurring the UK and not happening in… Read More

August 4, 2014 @ 1:08 pm By JD Alois  |  

In a statement UK based peer to peer (P2P) lending platform RateSetter said they have strengthened their position as the largest P2P lender in the UK, handling a “market-leading” £71m in loans over the last three months.  This past July (2014), the company became the… Read More

August 1, 2014 @ 10:34 am By JD Alois  |  

UK based finance mag, MoneyWeek, has published a report focusing on the Peer to Peer lending industry.  The report, entitled “CrowdPower:  How You Can Make a  Small Fortune from the Peer to Peer Revolution” is available for free download (it is also embedded below). The… Read More

August 1, 2014 @ 10:13 am By JD Alois  |  

New Zealand based peer-to-peer lender Harmoney has shared the appointments to their board of directors.  Harmoney became the first fully licensed P2P lender in New Zealand this past July. Harmoney had earlier announced former GPG Chairman Rob Campbell as the board chair.  The complete board… Read More

August 1, 2014 @ 8:49 am By JD Alois  |  

 Dallas Texas based Ranger has stated in a release their strategy that identifies peer to peer (P2P) loans has recently achieved a new milestone having reached 18 consecutive quarters of positive performance results. “TruSight Technology” was developed in 2009 by Portfolio Manager, Gary Melara. TruSight is… Read More

July 30, 2014 @ 10:54 am By JD Alois  |  

Privlo Set to Extend Platform Across the United States. Privlo, a peer to peer lender of private real estate loans for high-quality borrowers, has raised a $3.8 million seed plus round of funding from Spark Capital and QED Investors and up to $350 million in… Read More

July 28, 2014 @ 8:34 am By JD Alois  |  

Former CEO of Internet Bank First Direct Sees Huge Potential in P2P Lending UK based RateSetter has announced that Alan Hughes will become the company’s first Non-Executive Chairman.  RateSetter views the appointment as another milestone for RateSetter and is indicative of the growing economic clout… Read More