UK based Madiston has shared that FinBee, the first licensed peer to peer lender for SMEs in Lithuania, has launched using Madiston tech. FinBee has already been in operation providing consumer loans using the Madiston platform. The company is extending the arrangement to move into… Read More
Madiston LendLoanInvest is entering the Lithuanian market having partnered with Finbee on a joint venture to offer peer to peer lending services. Madison has provided Finbee with its lending software and has become a shareholder in the company. This is the second P2P lender to… Read More
Madiston LendLoanInvest is launching a new Secondary Market for P2P loans. The UK based firm is said to give lenders the opportunity to cash in their loan parts early if they need to, giving lenders liquidty when necessary. The firm said it is adding new… Read More
In the UK, just like the US, consumers pay a ridiculous amount per year financing their credit cards. The estimated total may top £6 billion per year, an astounding amount but understandable when one grasps the high rate of interest consumers pay today. Now with a… Read More
Peer to Peer lending is experiencing dramatic growth in the UK (and around the world). While traditional loans have, in some categories, lagged the economic expansion, P2P is booming. In fact UK businesses have benefited from over a half a billion in funds and consumer P2P… Read More
Despite ever tightening controls on lending from the big five banks, 75 percent of Brits prefer to approach their high street bank for a loan of £10,000 or less. This is the finding of a new survey of more than 600 consumers from peer to… Read More
The world of banking is changing rapidly. The banks that continue to operate much as they have in the past will slowly fade away. The firms that are open to change and innovation, have been presented with a unique opportunity to revolutionize the world of… Read More
Peer to peer (P2P) lending will be the vehicle that pulls saving back from the brink of extinction, thanks to a recent boost from government linking P2P with ISAs, says Madiston LendLoanInvest. This follows recent commitment from the Treasury that P2P lending will now be… Read More
According to Madiston LendLoanInvest, UK borrowers waste thousands by choosing inflexible loan providers who force them in to lengthy terms and higher rates. Lenders may also miss a trick if they don’t have the flexibility to set and secure their own acceptable rates for loans… Read More
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