Tagged: lending

Mintos Explains how Mexico Is Different from European Lending Markets, Platform Plans to Onboard More Mexican Lenders

After carrying out its market overviews for developing Asian countries like Uzbekistan, P2P lending marketplace Mintos has now shared key insights about Mexico. The Mintos team has carefully examined the overall picture of Mexican markets, as well as covering how the nation and the local… Read More

European Online Lender October Reports its Best Quarter Ever, Founder Olivier Goy Reveals that Many More SMEs are Being Supported

European online lender October reports its best quarter ever (during Q1 2021). Meilleur Q1 ever sur @October_EU : +126% en € versus 2020 et +181% en nombre de TPE & PME accompagnées (149 entreprises). Et un Q2 avec des innovations structurelles dès avril #staytuned 🇪🇺… Read More

Blend Network Says its Strategy of Funding £100-200k Flats or £200-400k Houses has Been Effective, and Might Be Even More Relevant Now

The team at UK-based Blend Network, an online P2P lender, notes that after a “short-lived” slowdown, the United Kingdom annual house price growth managed to recover with “renewed vigor” in February 2021. Blend Network writes in a blog post that January 2021 saw price growth… Read More

Latvian P2P Lender Grupeer Reveals it has Received Some “Positive” News from Legal Team

Latvian P2P lender Grupeer reveals that they’ve received some “positive” news from their legal team (on March 31, 2021). According to Grupeer, this is a time to be “cautiously optimistic.” The Grupeer team writes in a blog post that they had begun legal enforcement proceedings… Read More

Sasha Ivanov from Waves Blockchain Platform Reveals DLT Project’s Extensive New Roadmap

Sasha Ivanov, the Founder of the Waves Platform, an open blockchain protocol and development toolset for Web 3.0 apps and decentralized finance (DeFi), notes that while facing the different challenges of mass adoption, Waves, as an ecosystem, “must step it up a notch, working on… Read More

Lithuania’s Debitum, which Offers Borderless SME Financing, Reveals its Portfolio has Crossed €4M Mark

Lithuania-based Debitum, which offers borderless small business financing, recently revealed that it’s pleased to confirm that its users “trust” the platform. Debitum also announced on March 29, 2021, that they’ve crossed the 4 million euros mark in their portfolio. The platform’s management acknowledged that “without… Read More

European Fintech iwoca Releases New Index on the SME Lending Landscape

European Fintech firm iwoca has released a new index on the SME lending landscape. As noted in a blog post by iwoca, the company’s “SME Expert Index” is described as “an exclusive” index that includes UK brokers which “gives specialist insight on the health of… Read More

UK based P2P Lender Proplend Introduces AutoLend 2, a New Feature Allowing Users to Turn Investing Activities On or Off

UK-based P2P lender Proplend has introduced AutoLend 2, a new product that provides lenders the option to turn their investing activities on or off. The P2P property lending platform is offering an auto-investing option called Always On and a manual investment product referred to as… Read More

Ireland’s P2P Lender Linked Finance Reports Issuing €7M in Loans via Government’s Credit Guarantee Scheme

Ireland’s P2P lending platform, Linked Finance, recently welcomed the government’s extension of its €2 billion credit guarantee scheme. The Linked Finance team also confirmed that it has issued €7 million in loans through the scheme (to date). Linked Finance is proud to have provided over… Read More

European Online Lender October Reports 1,270 Initiatives Receiving Financing Totaling €535M, €283M Repaid to Lenders

European online lender October reveals that it works with firms from all industries so it can help them with financing the growth of their operations. The October team notes in a blog post that since 2016, they’ve been supporting companies and they offer them “the… Read More

Andres Luts from EstateGuru Reveals how P2P Lender Leverages Tech and Human Expertise to be “Ultra-Efficient”

Andres Luts, Chief Credit Officer at EstateGuru, an Estonia-based peer-to-peer lender facilitating secured loans, is responsible for managing the platform’s credit policy across several different European nations. Luts recently commented on how he approaches risk and how the platform assesses and evaluates borrowers. As noted… Read More

Marketplace Lender Prosper Releases Quarterly Investor Update, Borrower Rates on Platform Higher than Pre-Pandemic Levels

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, recently shared their Quarterly Investor Update – Q1 2021. Ashish Gupta, the Chief Credit Officer at Prosper Marketplace, writes in a blog post that the company… Read More

RateSetter Explains how to Consolidate Existing Borrowing with Your Current Loans or Take Out New Loans

Lending platform RateSetter explains that a debt consolidation loan might be a good or suitable way to make managing your funds easier by “rolling your existing borrowing into one simple monthly payment.” RateSetter, which was once a leading P2P lender that has now sold its… Read More

Jeff Keltner from Online Lending Startup Upstart Explains how the Modern Digital Lending Process Works

Online lending platform UpStart (UPST:NASDAQ) has noted that there are four levels of digital lending. Jeff Keltner, SVP of Business Development at UpStart, writes in a blog post that he has been thinking for some time now about the key trends he’s observing towards the… Read More

P2P Lending Platform Loanpad Set to Close Seedrs Campaign With More Than £420,000 Raised

  Loanpad, a UK-based peer-to-peer (P2P) lending platform, is set to close its equity crowdfunding campaign on Seedrs with more than £420,000 raised. The funding round, which launched last month, originally sought to raise £250,000. It has so far attracted more than 360 Seedrs investors. Founded in 2015,… Read More

European P2P Lender Bondora Reports Solid 17.4% Return Rate for Second Consecutive Month

European peer to peer lending platform Bondora confirmed in a blog post on March 19, 2020, that its performance remained steady during the month of February 2021. While commenting on its annual performance, Bondora notes that the return rate remained steady at 17.4% for the… Read More

UK’s Asset-backed P2P Lender Ablrate Reports Third Year of Profitability, Platform Generated £93,000 in Profits in Latest FY

Asset-backed lending platform Ablrate has recorded its largest full financial year (FY) profits to date, even though there was a significant decline in turnover following the COVID-19 outbreak. As first reported by P2P Finance News, Ablrate’s owner, Aviation and Tech Capital, reveals that the P2P… Read More

Mogo Latvia Issues €30M in Bonds, the Largest Issuance in Recent Years by a Private Firm on Nasdaq Riga Stock Exchange

Peer-to-peer lending marketplace Mintos reveals that on 1 March 2021, Mogo Latvia had issued bonds valued at €30 million, thus managing to successfully complete the largest bond issue in recent years by a private firm via the Nasdaq Riga Stock Exchange. On March 11, 2021,… Read More

Marketplace Lender Prosper Reports 81% Originations Rated AA-B, Avg Loan Size was $13k, Avg Borrower Income $103k for Feb 2021

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, recently shared their performance data from the Prosper Portfolio for the month of February 2021. Key highlights from the report are as follows: In February 2021,… Read More

Regtech, Financial Wellness, Debt Investments Startups Among 11 Initiatives to Graduate from StartupBootCamp Fintech Dubai

The third edition of Startupbootcamp Fintech Dubai’s accelerator program has now concluded. During the Demo Day, there were 11 startups that pitched their ideas to potential investors, corporate partners, industry experts, mentors, and the general public. Startupbootcamp Fintech Dubai was introduced in 2018 through a… Read More

Send this to a friend