Tagged: peer to peer

European Online Lending Marketplace Mintos Releases First Update of its Risk Scores based on Q3 2020 Data

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

Automating Online Investing Might Increase Efficiency, Reliability, According to Estonia based P2P Lender EstateGuru

EstateGuru, an Estonia-based peer to peer lender facilitating secured loans, recently explained why people should be using its Auto Invest feature. EstateGuru writes in a blog post that the modern world has been “shaped by automation, which is one of the key forces driving progress.”… Read More

Malaysia based P2P Supply Chain Financing Platform, CapBay, Secures $20M with KK Fund as Returning Investor

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

UK’s P2P Property Lending Platform Blend Network Hires Chloe Stidston-Lewis As Company Continues to Expand Operations

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

P2P Bitcoin (BTC) Exchange LocalBitcoins Explains how to Generate Substantial Income during Crypto Bull Market

The team at LocalBitcoins, a leading peer-to-peer (P2P) Bitcoin exchange, recently shared ways to generate passive income with their affiliate program. LocalBitcoins claims that the Bitcoin (BTC) bull market is now definitely here and 2021 is on track to “become a great year” for the… Read More

European Loan Marketplace Mintos to Enhance Default Diversification for Custom Automated Strategies

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

EstateGuru Reveals it Closed 2020 with Solid Results During December with Platform Investors Financing €18.3M in Loans

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

TWINO Reports Net Profit of €5.8 Million for 2019

TWINO, a Latvia based peer to peer lender, is reporting €5.8 million in net profit for 2019. According to the company, TWINO Group earned €8.3 million in net income or a net profit of € 5.8 million “enhanced” by € 2.5 million  in “other comprehensive… Read More

Nearly €400M Invested via European P2P Lending Platform Bondora, with Almost €50M in Returns Paid to Investors in Past 12 Years: Report

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

Malaysia based P2P Financing Platform microLEAP Acquires $800,000 in Capital to Expand Business Operations

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

UK based Marketplace Lender Growth Street Says All its Platform Investors to Get their Money Back, as Company Winds Down Operations

UK-based marketplace lender Growth Street revealed on Tuesday (January 12, 2020) that all of its platform investors would be getting their funds back, as the company continues to wind down its operations (while still being solvent).  Kim Goetzke, COO at Growth Street, noted that returning… Read More

Indonesian Peer-to-Peer Lender Alami Reportedly in Talks to Finalize More Than $10 Million Through Series A Funding Round Led By AC Ventures

ALAMI, an Indonesia-based peer-to-peer lender, has reportedly finalized more than $10 million through its Series A funding round. According to DealStreetAsia, the investment round was led by AC Ventures. Founded in 2017, ALAMI describes itself as a peer-to-peer finance platform that connects funders to SMEs. “We… Read More

How the Regulatory Framework for Crowdfunding Platforms in Southeast Asia will Benefit SMEs and Investors

Peer-to-peer (P2P) lending has come a long way since its early days as a casual crowdfunding platform. Today, individual borrowers and small and medium-sized enterprises (SMEs) can access loans without the hassle of going through banks and lengthy financial assessments. Still, P2P lending is a… Read More

P2P Lending Platform Blend Network Investor Says Housing or Real Estate is Really Important to UK Economy and for Financial Well-Being

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

P2P Bitcoin Exchange Paxful Is Now Offering 20% Discount on External Crypto Wallet Send Out Fees in 2021

Peer to peer Bitcoin exchange Paxful has announced that it’s starting off 2021 with a 20% discount. The crypto trading platform will be reducing external digital wallet send out fees by 20% beginning on Monday, January 11, 2021. As noted by Paxful: Send Out Amount … Read More

RateSetter to Reportedly No Longer Process New Transfer-in ISAs Requests From Other Providers; No New IFISA Accounts Will be Opened for Existing Customers

  RateSetter, a leading UK based peer to peer lender, is reportedly telling investors that starting at the end of January 2021, it will no longer process any new transfer-in ISAs requests from other providers. According to P2PFinance News, the online lender stated it will… Read More

Linked Finance Becomes Ireland’s First Non-Bank Lender to be Added to Country’s COVID Credit Guarantee Scheme

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

Robo.cash Reports €200 Million in Funded Loans

Peer to peer lending marketplace Robo.cash is reporting that it topped €200 million in funded loans during the month of December. In November, Robo.cash says it set a record of €9.2 million funded in a month. According to the company, during the summer investment volume… Read More

Bitcoin Analyst Discusses the Pros and Cons of Peer to Peer Cryptocurrency Trading on Platforms like LocalBitcoins

LocalBitcoins, one of the oldest and most widely-used Bitcoin (BTC) services, reveals that most of its customers are based in developing countries. These are places (such as Argentina and Venezuela) where Bitcoin is needed badly as a store of value because local fiat currencies have… Read More

P2P Bitcoin Exchange Paxful Claims 5M Users Globally, May Introduce Support for More Digital Currencies and Crypto Debit Card

The team at Paxful, a leading peer to peer Bitcoin (BTC) exchange, acknowledges that 2020 was quite rough. They claim that even though it may have been the hardest year of many peoples’ lives, there were still some positive developments. In January 2020, Bitcoin was… Read More

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