P2P Lending

Twilo unveils API for processing payments securely over the phone

Twilio (NYSE: TWLO), the leading cloud communications platform, today announced <Pay>, a new API that enables developers to easily process payments securely over the phone With just one line of code companies can quickly and easily accept payment via automated Interactive Voice Response (IVR) interactions or in contact centre environments. Read more »

Mentality of borrowers affects lending business

Over 26 million euro loans were financed through the European P2P platform Robo.cash in eight months in 2018 that is 223% more than in the same period a year earlier. Operating according to the ‘peer-to-portfolio’ model, the platform brings together private investors and legal entities with the loan originators in Kazakhstan and Spain. This dynamic is believed to be facilitated by continuous development of the IT system and robotic scoring... more Read more »

SimpleFinance Attracts $15M in Second Round with SBI Investments

SF Holdings Company Plc, parent of MCC SimpleFinance LLC (“SimpleFinance” or the “Company”), a fintech platform providing accessible lending to small and medium-sized Russian businesses, has completed a USD 15 million equity fundraising round with an investment from the SBI Group (“SBI”). Read more »

SimpleFinance named the largest microfinance lender to SMEs in Russia

MCC SimpleFinance LLC (hereafter, “SimpleFinance” or the “Company”), a high-tech Russian company specialising in providing accessible lending to small and medium-sized Russian businesses, announces that the Company has topped the National Rating Agency’s (“NRA”) ranking of organizations in the microfinance sector.  Read more »

Esme Loans Partners with Validis for Secure Financial Data Sharing to Help Streamline its SME Loan Applications

Esme Loans, the digital lending platform backed by NatWest for SMEs and scale up businesses, today announced that it has entered in to a partnership to use Validis’ unique data sharing API (DataShare). DataShare enables a secure, high-speed connection between Esme’s lending platform and the most utilised offline and online SME accounting packages. Read more »

Roostify Reveals Roostify Adapt

Roostify, a leading digital lending platform provider, today announced the release of Roostify Adapt™. An easily configurable feature for lenders with complex workflows, Roostify Adapt allows for real-world process management while maintaining the power of primary and secondary (“parent/child”) accounts within the Roostify digital lending environment.  Read more »

Qudian Inc. Provides Business Update

Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading provider of online small consumer credit products in China, today provided an update of its business.   Read more »

Millenial Investors are taking over P2P Lending

Alternative lending observes a continuously increasing number of Millennials and Generation Z.  According to the Latvian P2P platform Robo.cash, this tendency is supported by the interest of young investors in a simple and comfortable source of additional income and the positive experience gained at the existing peer-to-peer platforms.   Read more »

The P2P Lending is Becoming a Significant Income Source for Young investors

The P2P lending is turning to a significant source of additional income for the growing number of the European investors. According to the research carried out by analysts of the platform Robo.cash, this occurs due to the rising share of young investors in the market. Read more »

Assetz Capital Launches ISA

Assetz Capital has launched its Innovative Finance ISA today. The business peer-to-peer (P2P) lender’s ISA is available as a wrapper on all of the automated investment accounts, with the Manual Lending Account also set to be allowed into the ISA in early 2018. Read more »

AsiaKredit Unveils Digital Lending Tool in Phillippines

AsiaKredit, a digital consumer lender focused on Southeast Asia, today announced the launch of pera247 in the Philippines, an innovative, data-driven consumer lending platform delivered through a mobile application.  pera247 is a digital lending solution that aims to provide unsecured small-ticket, short-term consumer loans for up to 90 days to the country’s underbanked population with no existing credit or collateral history.  Read more »

ING Expands Instant Lending to SMEs in France and Italy

ING announced today it has started to offer online lending to small and medium enterprises (SMEs) in France and Italy. The proposition fits ING's strategy to grow its lending business to SMEs and creating a differentiating customer experience. The offering has been developed in a unique collaboration with suppliers and fintechs, including Kabbage, the fintech ING is already offering instant lending with to SMEs in Spain since 2016. ING invested... more Read more »

Peer-to-peer lender TWINO Expands Operations in Russia with Second Originator

TWINO, one of Europe’s largest peer-to-peer (P2P) lending platforms, today announces that it is significantly expanding operations in Russia by adding new loans from its second Russian originator, onto its platform. The move is in response to high demand from both investors and borrowers. Read more »

Klarna Unveils P2P Payments Service

Klarna Bank AB (publ) is delighted to announce the release of our new free of charge peer-to-peer (P2P) payment service ‘Wavy’, which enables people to send and request money in a secure, fast and easy way. Read more »

SolarisBank Cooperates with Lendico

Lendico, the international peer-to-peer lending provider for small and mediumsized enterprises (SME), has concluded a cooperation with solarisBank, the first digital banking platform with a full banking licence.  The two Berlin-based fintechs have concluded a long-term collaboration for financing SME loans. To begin with, solarisBank is providing an eight-digit sum for financing loans via Lendico. There are plans to expand the commitment in the... more Read more »

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