Tagged: p2p loans

P2P Investor Explains why we Should Still Consider Investing in Peer to Peer Loans Offered by Bondora, Others

European P2P lending platform Bondora recently looked into whether there are any arguments in favor of “still investing” in loans offered via peer to peer platforms this year. As stated in a blog post on the Bondora website, we should still consider investing in P2P… Read More

UK based P2P Lender RateSetter Is Reportedly Struggling to Process Withdrawal Requests from Investors

An investor has reportedly been attempting to get her funds out of one of the UK’s largest peer to peer (P2P) lending platforms, RateSetter, since August 2020. According to a report from the Guardian, the investor (Michelle Johnson) was told by RateSetter’s management that her… Read More

Newcomer P2P Lender Robo.cash Touts Positive Q4 2017 Start, Nears First Investor €100K Gain Milestone

The European P2P platform specializing in short-term investments and founded and owned by entrepreneur Sergey Sedov, Robo.cash marked the start of the Q4 2017 with a record growth of its investors’ number by having attracted 32% more the average figure and came closer to hitting… Read More

Brief: Versara Lending Acquires P2P Marketplace Lender Peerform

NYC-based Consumer lender Versara Lending has acquired the personal loan marketplace lender Peerform aiming to grow its prominence in the consumer lending space. Peerform will now operate out of the Versara Lending offices.  At this writing, specific details of the deal are unavailable. “This acquisition allows Versara… Read More

China P2P Loans Brief: Record High September

China’s outstanding P2P loans more than doubled to a record high at the end of September, according to an industry report, underscoring the challenges Chinese authorities face in regulating the exponentially growing sector. P2P loans surged 153.5 percent to 956 billion yuan ($143 billion), according to the official… Read More

DriverUp Auto Financing Platform Revved Up & Ready to Go: Secures $20 Million in Series B Funding

DriverUp, an online marketplace for automotive financing, announced its $20 million Series B round closing. The DriverUp marketplace gives accredited investors an opportunity to enter the $1 trillion auto lending industry and provides dealers with an expedited, streamlined credit process.  New investor SF Capital Group led the round joined by… Read More

Fintech Innovation and Alternative Lending Companies on the Rise in India; LoanCircle, Instapaisa & Instakash Lead the Way

In late August, India’s banking industry came together for the FICCI’s FIBAC 2015 Conference, discussing regulation in the country’s burgeoning online finance space,  particularly within crowdfunding and peer to peer lending.  SS Mundra, Deputy Governor of the Reserve Bank of India, called for more regulations in the Economic… Read More

P2P Lending Marketplace Update: India’s Faircent Signs with TransUnion

Indian P2P lending marketplace Faircent.com signed data and solutions initiatives with global risk and information solutions provider TransUnion, for real-time credit appraisal of borrowers, reported the Economic Times. According to the post, Faircent is the first P2P lending marketplace to leverage TransUnion’s capability in data, analytics… Read More

UK Reparo Finance Selects Mambu to Launch New Business Line: Targets SME Loan Market

Mambu, the SaaS banking platform provider, today announced that Reparo Finance, an independently-owned business finance company  specializing in SME business lending, has selected Mambu to launch a new business line offering loans to small-to-midsize enterprises (SMEs) in the UK.  The company chose Mambu’s cloud-based platform… Read More

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