Tagged: peer to peer

July 10, 2014 @ 5:49 pm By JD Alois  |  

Peer to peer lender Prosper continues to experience dramatic growth in the booming industry of peer to peer lending as they “transform the world of finance and banking”.  During the month of June, Prosper jumped to $145 million loans – up from $124 million in… Read More

July 10, 2014 @ 12:06 pm By JD Alois  |  

Peer to peer crowdfunding provider Dealstruck has partnered with BodeTree to help provide real-time data analysis to help small business owners better understand their finances.  BodeTree integrates with companies’ accounting tools to create an online financial analytics dashboard, aiding businesses in achieving true financial health…. Read More

July 9, 2014 @ 11:16 am By JD Alois  |  

Peer to peer (P2P) lending platform Lending Club is having a pretty good year.  The company has just released data sharing the news they facilitated over $1 billion in lending this past quarter.  Add that to the past couple of years and the innovative platform… Read More

July 8, 2014 @ 11:20 am By JD Alois  |  

Israeli peer-to-peer (P2P) lending platform Tarya has announced the launch of their new site.  The P2P lender is placing an emphasis on “stringent underwriting algorithms” to provide a platform for people to invest in fellow community members who require consumer credit. Tarya sees Israel as the… Read More

July 8, 2014 @ 10:21 am By JD Alois  |  

LendInvest, a Peer to Peer lending platform targeting the mortgage industry, has shared they are now originating deals for the Montello Capital range of funds.  Montello is owned and operated by Christian Faes and Ian Thomas – both co-founders of LendInvest their P2P venture.  LendInvest will… Read More

July 8, 2014 @ 9:19 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published an interim report on domestic cash savings market. This is part of a broader study that commenced in October 2013 under their “competition objective focused on the cash savings market”.  The FCA wants to assure that competition is… Read More

July 5, 2014 @ 10:00 am By JD Alois  |  

Peer to Peer lending platform Funding Circle recently signed a partnership with Santander to help small businesses secure loans.   They see this new strategic relationship as a methodology to help bring P2P into the mainstream.  Samir states that about 1/3 of the businesses that… Read More

July 5, 2014 @ 7:31 am By JD Alois  |  

UK based Funding Circle shared last week that their platform has topped £300 million in loans in just under 4 years.  Over £100 million has been lent via the site during the first 6 months of 2014 alone indicating significant momentum for the company.  These… Read More

July 2, 2014 @ 8:07 am By JD Alois  |  

The graphic elves at peer to peer lender Prosper have put together an interesting infographic on fixing your debt problems. Unfortunately it is true.  Too many people in the United States (and some other countries) spend more than they can afford.  The spending binge is… Read More

July 1, 2014 @ 10:09 pm By JD Alois  |  

Crowdlending platform Dealstruck, has now provided more than 100 loans and credit lines to growing, profitable small businesses. The young company shared this accomplishment in a recent company statement. Ethan Senturia, Dealstruck co-founder and CEO commented on this achievement stating; “We’re proud to reach several… Read More

July 1, 2014 @ 7:38 am By Samantha Hurst  |  

Crowdnetic has announced Wall Street’s second annual Crowdfinance conference to be held in NYC on October 16th at Thomson Reuters’ Conference Center. Crowdfinance is redefining the global equity and debt markets fostered by a surge in financial innovation, shifting trends in communication, advancements in technology and a new… Read More

June 26, 2014 @ 7:10 am By Georgia Quinn  |  

In the wake of Dodd-Frank and the financial crisis, peer-to-business lending or “P2B” is stepping up to fill the funding gap for small and startup businesses. What is P2B  you may ask and how does it differ from P2P lending? Well, pretty simply, P2B is… Read More

June 25, 2014 @ 9:18 am By Samantha Hurst  |  

Millennium Trust Company, a provider of alternative custody solutions to institutions, advisors and individuals, recently launched three new white papers aimed at financial advisors and asset managers to help them identify and understand new opportunities in the alternative asset space. The first white paper, “New… Read More

June 25, 2014 @ 7:30 am By JD Alois  |  

As investors scramble to take advantage of the new £15,000 NISA allowance, Assetz Capital is urging investors not to be blinkered by the promise of tax-free interest and consider whether they may make greater returns from alternative investments. With even the top instant-access cash ISA paying just 1.5%… Read More

June 24, 2014 @ 8:48 am By JD Alois  |  

From multiple reports, the China Securities Regulatory Commission (CSRC) is considering regulations for the fast growing crowdfunding industry.  This entails both peer-to-peer lending and equity crowdfunding.  Apparently forthcoming regulations may be released soon. The CSRC has carried out multiple surveys and reviews of the domestic… Read More

June 22, 2014 @ 11:30 pm By JD Alois  |  

A recent report from global consulting firm Deloitte declares the European banking model is under assault as technological advances are attacking the fortress of retail banking giants. The report – ‘Banking disrupted: How technology is threatening the traditional European retail banking model’ – highlights how… Read More

June 22, 2014 @ 2:33 pm By JD Alois  |  

The UK Peer-to-Peer Finance Association (P2PFA) has embraced a new measure to improve standards in the peer to peer lending market.  Going forward, all P2PFA members will calculate defaults on their loans using a defined standard calculation thus helping consumers effectively compare between platforms.  This… Read More

June 21, 2014 @ 5:36 pm By JD Alois  |  

San Francisco based Prosper, a leading peer-to-peer (P2P) marketplace for consumer credit, shared recently that Capital One Co-Founder Nigel W. Morris has joined the board of directors of its parent company, Prosper Marketplace.  Simultaneously Prosper disclosed the month of May was their best ever with… Read More

June 21, 2014 @ 5:07 pm By JD Alois  |  

Recently UK peer to peer funding platform LendInvest sponsored a gathering with Tech City News to chat about the emerging market of alternative lending and the challenge to traditional banks.  LendInvest, a platform that is associated with Montello Capital only launched in 2013 but has… Read More

June 18, 2014 @ 6:23 pm By Samantha Hurst  |  

While the Irish government continues to have no plans to regulate the funding method option at this time, the country’s financial services regulator Central Bank of Ireland has issued a consumer notice about crowdfunding and peer-to-peer lending options. The Central Bank stated that since crowdfunding regulations… Read More