Tagged: p2p

November 4, 2014 @ 11:31 am By Samantha Hurst  |  

Dubai-based Beehive officially launched the region’s first peer-to-peer (P2P) online lending platform today, offering a new funding alternative for small to medium sized enterprises (SMEs). Beehive’s online platform is easy to use and offers a marketplace that directly connects established businesses with smart investors so… Read More

November 2, 2014 @ 2:19 pm By JD Alois  |  

By now we all know banks are not necessarily the most expedient location to find capital to help fund your business.  While small business is the engine of the economy they struggle to raise needed funds for growth when necessary.  The painful process of driving… Read More

October 31, 2014 @ 11:34 am By Erin Hobey  |  

Money360, Inc, the peer-to-peer (P2P) real estate lending platform, announced that the platform has accomplished another “industry first” by closing the first tranche loan to be originated by a U.S. P2P platform. Proplend staked its claim in the UK market in May, reported Crowdfund Insider’s Samantha Hurst.  Money360’s… Read More

October 30, 2014 @ 6:53 pm By JD Alois  |  

LendIt Europe is Europe’s largest gathering of the peer to peer lending industry. The inaugural European event will bring together approximately 400 senior executives from 20 countries. It will be the first event of its kind to host more than 40 established and emerging P2P lending… Read More

October 28, 2014 @ 9:34 am By JD Alois  |  

Research and Markets have announced a new report they have published on the fast growing peer to peer (P2P) lending industry.  Their numbers state the global market will top £40 billion (over $64 billion USD) by 2016.  They break that out stating the UK will… Read More

October 28, 2014 @ 9:10 am By Erin Hobey  |  

Peerform, a P2P lending platform,  targets those “who really need a loan, the best chance to get the money they need to help improve their lives.” By utilizing a variety of technologies, such as Peerform’s unique algorithm, Peerform is able to ascertain “creditworthiness” and lend to… Read More

October 25, 2014 @ 3:27 pm By JD Alois  |  

BitLendingClub, a bitcoin peer to peer lending platform has reportedly received €200,000 in seed funding from LaunchHub.  BitLendingClub is a Bulgarian based p2p company that was officially launched in 2012.  The site facilitates borrowers to get loans in Bitcoins and claims the “most competitive rates and… Read More

October 23, 2014 @ 12:41 pm By Erin Hobey  |  

Prime Meridian Capital Management, specializing in online peer-to-peer (P2P) lending, launched its new fund, Prime Meridian Small Business Lending Fund on 7/1/14, giving investors the opportunity to invest in the growing sector of P2P small business lending. PMCP states, “Prime Meridian’s Income Fund was one of the first… Read More

October 23, 2014 @ 10:53 am By JD Alois  |  

UK based peer to peer lending platform Funding Circle has announced a partnership with global consulting firm PWC to support more UK businesses access capital.  PWC will now funnel small business clients seeking funding to Funding Circle.  This is similar  to the agreement Funding Circle… Read More

October 22, 2014 @ 11:01 am By JD Alois  |  

Well known investor and former Pimco executive Mohamed El-Erian has joined the board of Payoff after investing in the “next generation financial services company”.  El-Erian was an important part of Pimco – the largest bond manager in the world – until recently when he departed… Read More

October 22, 2014 @ 10:32 am By JD Alois  |  

The peer to peer lending industry sees the light at the end of the tunnel as the UK government nears the day when retirement funds, in the form of Individual Savings Acccounts (ISAs) will be able to invest in P2P loans.  Last week the UK… Read More

October 20, 2014 @ 10:27 pm By JD Alois  |  

Eaglewood Capital Management, an investment management firm specializing in investing in online lending strategies, has announced that it has completed a $75 million securitization.   This represents Eaglewood’s second securitization of peer-to-peer (P2P) consumer loans and brings its total issuance to $175 million. The $75… Read More

October 20, 2014 @ 11:02 am By JD Alois  |  

The Peer 2 Peer Finance Association (P2PFA), an industry advocate group for UK P2P platforms, has jumped into the scrum regarding the forthcoming inclusion of P2P lending assets in Individual Savings Accounts (ISAs).  Chancellor of the  Exchequer George Osborne announced earlier this year that ISAs… Read More

October 19, 2014 @ 9:29 pm By JD Alois  |  

Peer to peer lending platform Lending Club has selected the New York Stock Exchange as their venue to list the much anticipated initial public offering. According to multiple reports, but first advanced in the FT, Lending Club has followed the path of several high profile… Read More

October 17, 2014 @ 12:43 pm By JD Alois  |  

The United Kingdom government has announced a new consultation seeking input from peer to peer industry participants or views from any other individuals or business as they look to create the most efficient method of including peer to peer loans within Individual Savings Accounts (ISAs)…. Read More

October 17, 2014 @ 12:40 pm By Erin Hobey  |  

Christian Faes, LendInvest Co-Founder compares Silicon Valley with the London FinTech scene and shares his view on peer-to-peer equity in the UK versus the US. In the video below, Faes expresses the importance of investors being aware of the risks involved in equity lending and… Read More

October 17, 2014 @ 11:33 am By Erin Hobey  |  

An Interview with Orchard Platform’s CEO Matt Burton Founded in 2013, the tech company Orchard Platform enables Direct Lending originators and institutional investors to optimize and scale Direct Lending at a global level. The Orchard Platform Advisors, LLC (a wholly owned subsidiary of Orchard Platform (Orchard… Read More

October 14, 2014 @ 7:47 pm By Georgia Quinn  |  

Last week’s American Banker P2P Lending and Investing Conference held in New York City (October 6-7) attracted over 375 bankers, investors, platforms and service providers. The sheer fact that a storied institution founded in 1863 and dedicated to the traditional banking industry facilitated such a… Read More

October 14, 2014 @ 9:08 am By JD Alois  |  

P2P Lender Has Generated One Billion in Loans Since February of 2014 to October. Peer to peer lender Prosper revealed in a recent interview the fast growing platform originated $170 million in loans for the month of September.  Prosper states they are approximately 1/3 of… Read More

October 14, 2014 @ 7:47 am By JD Alois  |  

Peer to peer lender Wellesley & Co. has announced passing the £100 million mark in loans funded.  The UK based company launched only in November of 2013.  Wellesley & Co. has claimed the title as “the fastest growing platform in 2014”.  The P2P lender specializes… Read More