Tagged: p2p lender

February 1, 2021 @ 8:28 am By Omar Faridi  |  

Peer to peer lending marketplace Mintos has confirmed that the first update of its Mintos Risk Scores is now live and accessible. The European loan marketplace provider notes that it’s sharing the first quarterly Mintos Risk Score update “since this numerical model for evaluating risk… Read More

January 27, 2021 @ 11:49 pm By Omar Faridi  |  

Malaysia-based CapBay, a peer to peer (P2P) supply chain financing platform, has reportedly acquired $20 million in capital via its Series A round. CapBay’s investment round saw contributions from existing investor KK Fund, a Singapore-headquartered VC firm that makes investments in startups or early-stage initiatives… Read More

January 24, 2021 @ 1:32 pm By Omar Faridi  |  

UK-based Blend Network, a peer to peer (P2P) property lending platform, has revealed that they’re expanding their team of professionals.  Blend Network’s management confirmed that they’re pleased to announce that Chloe Stidston-Lewis has now joined their lending team as a lending associate. Chloe has reportedly… Read More

January 20, 2021 @ 10:01 pm By Omar Faridi  |  

Peer to peer lending marketplace Mintos notes that it will be improving “default diversification” for custom automated strategies on its platform. The Mintos team confirms that they currently provide several ways to invest. According to the lending platform’s developers, these strategies “give investors extra control… Read More

January 20, 2021 @ 9:04 am By Omar Faridi  |  

EstateGuru, an Estonia-based peer to peer lender facilitating secured loans, has revealed that it closed 2020 with solid results and performance in December during which the platform’s investors financed a total of €18.3 million worth of loans. EstateGuru confirmed in its loan portfolio overview for… Read More

January 18, 2021 @ 8:18 am By Omar Faridi  |  

Bondora, a European peer to peer (P2P) lending platform, acknowledges that 2020 was a “rollercoaster ride,” but they’re pleased to confirm that they ended the year off “on a high.” Bondora recently revealed that its December 2o20 investments reached €7,043,525.00— which was reportedly the 4th… Read More

January 13, 2021 @ 10:46 pm By Omar Faridi  |  

Malaysia-based microLEAP, a platform that provides conventional and Islamic or Shariah-compliant peer-to-peer (P2P) financing options, has acquired RM 3.25 million (appr. $800,000) in capital. The platform’s investment round consists of RM 1.25 million in equity and a RM 2 million advance. The funds raised will… Read More

January 9, 2021 @ 6:35 pm By Omar Faridi  |  

The team at Blend Network, an online peer to peer (P2P) property lending platform, recently shared comments and feedback from one of their lenders. UK-based Blend Network notes that a platform lender (investor) “Maria,” has spent most of her career working in management roles and… Read More

January 7, 2021 @ 8:27 am By Omar Faridi  |  

Linked Finance, an Ireland-based peer to peer lender, has reportedly been added to the country’s COVID-19 credit guarantee scheme. Notably, the P2P platform is the country’s first non-bank lender to be included. Linked Finance, which is one of Ireland’s largest P2P lending platforms, is now… Read More

December 30, 2020 @ 11:44 pm By Omar Faridi  |  

Peer to peer lending platform Bondora has shared its top highlights for this year. The P2P lender notes that 2020 has turned out “quite differently than many of us expected.” While we all faced many different challenges due to COVID-19, Bondora says it has had… Read More

December 30, 2020 @ 9:47 pm By Omar Faridi  |  

The team at Blend Network, an online peer to peer (P2P) property lending platform, notes in its latest monthly market pulse report that one of the very few, seemingly positive headlines of this year is Britain becoming the first country to license a “fully tested”… Read More

December 30, 2020 @ 8:53 am By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, has shared their performance data from the Prosper Portfolio for November 2020. Last month, around 84% of originations were “rated AA-B compared to 86% in the… Read More

December 27, 2020 @ 9:12 pm By Omar Faridi  |  

Brian Bartaby, CEO at Proplend, a UK-based peer to peer (P2P) lender, has stated that he’s “cautiously optimistic” about how the platform will perform in 2021 after almost managing to reach profitability this year despite COVID-19 related challenges. Bartaby added that Proplend, which mainly focuses… Read More

December 20, 2020 @ 4:13 pm By Omar Faridi  |  

Robo.cash, a peer to peer (P2P) lending marketplace, has revealed that 40% of investors have “allocated over €20,000 on P2P platforms.” As mentioned in an update shared with CI, a recent survey carried out by the European P2P platform Robo.cash found that 2 out of… Read More

December 18, 2020 @ 8:06 am By Omar Faridi  |  

Peer to peer lending platform Bondora notes in an update post on December 17, 2020 that the normal trend for portfolio returns is to decline over a period of time as more origination payments are missed slightly. But in November 2020, Bondora portfolio returns were… Read More

December 13, 2020 @ 10:38 pm By Omar Faridi  |  

Malaysia-based CapBay, a peer to peer (P2P) supply chain financing platform, has reportedly arranged RM 100 million (appr. $24.68 million) in funding across 500 investment notes via its platform since it began operations in March of this year. This milestone is part of CapBay Group’s… Read More

December 1, 2020 @ 5:00 pm By Omar Faridi  |  

Peer to peer lending platform Bondora notes that getting rich or financially secure might be a goal for everyone, but asks whether your bank account savings can help you achieve your financial goals. Bondora, which claims that over 143,000 individuals have invested more than €391M… Read More

November 29, 2020 @ 11:20 pm By Omar Faridi  |  

Vietnam’s Fintech startup ecosystem has grown significantly between 2017 and 2020, according to a new report. There were 44 Fintech-related startups in the country in 2017 and now there are at least 123 financial technology firms, Fintech News Singapore confirmed. The number of Fintechs operating… Read More

November 25, 2020 @ 7:29 am By Omar Faridi  |  

Germany-based CrossLend, a platform that provides a digital debt marketplace with a goal to make the global lending and investment ecosystem more efficient, transparent and profitable, is reportedly offering its Europe-based lenders access to its data analytics software free of cost. CrossLend said the tools… Read More

November 23, 2020 @ 8:08 am By Omar Faridi  |  

Four peer to peer lending platforms were recently ranked among the United Kingdom’s fastest-growing tech firms. Big Four auditing company Deloitte’s UK Fast 50 list ranks tech companies based on their overall revenue growth over the last 4 years. As stated on the accounting firm’s… Read More