Tagged: progress report

March 21, 2022 @ 2:05 am By Omar Faridi  |  

This month, the Buy-to-Let team at leading UK-based property Fintech LendInvest has taken an in-depth look at the Limited Company market, as well as the “appetite and use of long-term rates” after they introduced their “first 10-year product range, to complement our 5- and 7-year… Read More

March 21, 2022 @ 1:56 am By Omar Faridi  |  

After a very “ambitious” January 2922, the collection and recovery numbers “settled more” in February on Bondora. The Bondora team revealed that the number of payments and the cash collected “declined by 0.6% and 16%, respectively.” This is the first time in 6 months that… Read More

March 20, 2022 @ 8:58 pm By Omar Faridi  |  

PeerBerry notes that their business partners have assessed the changes in interest rates in international markets and have “made appropriate changes in the interest rates on loans offered to invest in on the PeerBerry platform – the interest rates are slightly increasing.” Interest rates on… Read More

March 14, 2022 @ 10:54 am By Omar Faridi  |  

Dedicated prime property investment platform CapitalRise has reportedly appointed Simon Brown as the firm’s new Head of Lending, and Saif Khichi and Ed Groves have joined as credit analysts. In their roles at CapitalRise, Simon will be tasked with all aspects of the platform’s lending… Read More

March 14, 2022 @ 8:40 am By Omar Faridi  |  

Lithuania’s borderless financing platform, Debitum, has shared its financial report for Q4 2021. As mentioned in a blog post, the document “represents the financial and business performance of the SIA DN Operator – the platform owner.” Debitum has noted the following highlights for Q4: Q4… Read More

March 14, 2022 @ 1:26 am By Omar Faridi  |  

For the most part, February 2022 had “similar figures” to January, making for quite a stable start to the year, the team at European lender Bondora noted. The firm added that during a time when life can “feel uncertain,” they aim to be “a constant… Read More

March 14, 2022 @ 12:30 am By Omar Faridi  |  

Croatian P2P lender Robo.cash recently commented on whether peer-to-peer investors are equal when it comes to “taxing their income.” To address the question, Robo.cash has assessed the European legislative framework. Robocash writes in a blog post that the national legislations of European countries “generally have… Read More

March 8, 2022 @ 10:53 am By Omar Faridi  |  

February has seen “a number of regulatory updates,” as well as more reports of growth within the UK Fintech sector, the team at Banking Circle noted. At Banking Circle, they released their new whitepaper, ‘Payments without Barriers: Focus on Denmark’, examining “the potential from improved… Read More

March 8, 2022 @ 10:18 am By Omar Faridi  |  

The team at PensionBee notes that February was, in many ways, “a continuation of January’s rocky start to the year.” Stock markets continued to fall “as a result of rising inflation, rising interest rates and a generally weaker economic outlook.” However, Russia’s unprovoked invasion of… Read More

March 8, 2022 @ 8:21 am By Omar Faridi  |  

European lender Mintos has posted its monthly publication that offers an overview of what’s been happening on the platform, “including recent investor activity, educational topics, and more.” Here are the main takeaways: Investors are now “able to donate to help the people in Ukraine and… Read More

March 4, 2022 @ 9:26 am By Omar Faridi  |  

After closing the month of February 2022, the team at Robo.cash has shared their latest platform updates, as well as some of their recent results. Robocash noted in an update: Plarform investors funded loans worth 15M euro. 685 people started investing via Robocash. Investors earned… Read More

February 28, 2022 @ 12:41 am By Omar Faridi  |  

Debitum is pleased to confirm that their clients, as of now, will be investing in financial instruments – Asset-Backed Securities (ABS). According to Debitum, this is one of the final steps after acquiring a license for the Debitum investment platform from the Financial and Capital… Read More

February 25, 2022 @ 9:17 pm By Omar Faridi  |  

Adyen (AMS: ADYEN) has opened up applications for its second annual accelerator program. It is a week-long program “aimed at EMEA-based social enterprises and impact startups.” Adyen, the international payments platform leveraged by established firms, has noted that it is looking for direct-to-consumer businesses “with a… Read More

February 24, 2022 @ 9:58 am By Omar Faridi  |  

UK’s investment service provider Kuflink has added new features to its platform. As noted by Kuflink‘s management, January was quite a busy month for them, with many new feature releases and updates to their previous releases. The company is hoping that their clients appreciate these… Read More

February 23, 2022 @ 5:01 pm By Omar Faridi  |  

A report shared by digital asset firm Coinbase (NASDAQ: COIN) had provided the latest updates on what WEFUZZ, the Coinbase Crypto Community Fund grant recipient, has been working on during the first part of their year-long Crypto development grant. This update covers their ongoing work… Read More

February 23, 2022 @ 8:32 am By Omar Faridi  |  

The team at European lender Bondora notes that the collection and recovery team started 2022 on “a high note.” The number of loans issued via the platform and the total amount of debt recovered increased when compared to the last month. As noted by Bondora,… Read More

February 23, 2022 @ 8:29 am By Omar Faridi  |  

The first month of this year saw €16.3M in loans originated via EstateGuru with Estonia and Germany together contributing more than half the total amount of funding. Due to seasonality, repayments came in at a “modest” at €2.5M, accounting for 23 loans with “an average… Read More

February 22, 2022 @ 8:05 am By Omar Faridi  |  

Blockchain.com, a block explorer service, crypto wallet provider, and digital asset trading platform, notes that if people think that the 2022 Winter Olympics had “thrilling” ups and downs, they should consider getting into crypto and blockchain. During the coming weeks, Blockchain.com says it will be… Read More

February 22, 2022 @ 2:07 am By Omar Faridi  |  

C2FO claims that it is the world’s largest platform for working capital for a reason: “We have to be. Our team is tackling one of the biggest challenges facing businesses today.” C2FO’s platform makes it possible for firms across the globe, regardless of their size,… Read More

February 21, 2022 @ 9:07 am By Omar Faridi  |  

Younited, the instant credit provider in Europe, is focused on accelerating its growth trajectory after a “record” 2021 and expects to reach 5 billion euros cumulative GMV in 2022. As noted in an update shared with CI, Younited achieved solid growth last year, with an… Read More