P2P lending rises to record US$15.3b

September 10th, 2015|

CHINA’S peer-to-peer lending platforms transacted another record high 97.5 billion yuan (US$15.3 billion) in August, lifting the total volume of the sector to 863.5 billion yuan so far this year, amid an interest rate cut and a stock market rout, according to a survey released yesterday.

The monthly transactions were nearly doubled the amount in March, […]

P2P Lender Ablrate Makes First Loan In Waste-To-Energy Section For SEaB Energy Ltd

September 10th, 2015|

Ablrate, a peer-to-peer lending platform that is among the first to offer investors access to asset-backed loans against aircraft transactions, just announced its first loan in the waste-to-energy section for SEaB Energy Ltd. According to the press release,

the new transaction for GBP250,000 gives investors 11% pa returns for three years on their investment into the waste-to-energy sector. The loan […]

A game changer for online borrowers?

September 10th, 2015|

The concept of peer-to-peer (P2P) lending is simple enough: a non-bank organisation acts as a go-between for investors looking for a return and people looking for a personal loan.

The ‘peers’ in P2P lending are you and the investor, who isn’t necessarily in the financial services business. The go-between is a web-based P2P platform – a […]

Interview with Martins Sulte, Co-Founder and CEO of Mintos

September 7th, 2015|

What is Mintos all about?

Mintos is a marketplace lending platform that brings together investors and borrowers by enabling various loan originators to use a marketplace lending model in funding loans. Previously loan originators established their own platforms; now Mintos offers a single platform to those non-bank lenders that seek to sell loans. This means non-bank […]

Squirrel in NZ to start peer to peer lending

September 6th, 2015|

Auckland-based mortgage broker Squirrel will launch New Zealand’s third peer-to-peer lender, after being licensed by the Financial Markets Authority.
From September, Squirrel Money will offer consumers secured and unsecured personal loans up to $70,000 via “person-to-person” loans, it said in a statement.
Borrowing rates will be determined by an auction-type bidding process, where the more bidders in […]

Funding Circle changes lending model

September 6th, 2015|

Funding Circle, the leading peer-to-business provider in the UK, have announced that it is moving away from the current auction model for unsecured loans. This will be replaced with a market with fixed rates per risk band per lending term, and lenders will have to choice whether to lend at the prescribed rate or not. […]

Peer to Peer investment: Taking on the banks

September 5th, 2015|

Harriet Green talks to GLI Finance’s Louise Beaumont on how alternative finance is changing the landscape of fundraising for SMEs – and options for retail investors

THERE is a sector of alternative finance which too often slips under the radar: the investment firms that put money onto crowdfunding and peer-to-peer platforms which then lend that money […]

Peer to peer payments are transforming business lending – especially for tech and creative industries

September 5th, 2015|

Anyone who has kept an eye on the financial services landscape over the past decade will have noticed that digital technology is transforming and disrupting many traditional product markets. The latest innovation is fromPayPal, an early pioneer in online payments, who are offering a smartphone app to help get your money back if you’ve lent […]

Peer to Peer Lending Review

September 3rd, 2015|

We’ve put together a comprehensive review of Peer to Peer Lending platforms purely focused on Investors seeking to diversify their portfolio for loans to Individuals. We do plan […]

New online lenders make it easier to get small business loans in Canada

September 2nd, 2015|

Online business lenders are increasingly popping up in the financial technology (fintech) world and filling a major gap for Canadian small businesses often overlooked by the major banks, but small business owners should take the time to research these various platforms to ensure they fit the company’s needs.
The Canadian marketplace has seen a number of […]