P2P Lending

Robo.cash Marks the Milestone of 1 Million Funded Loans

Since the launch in 2017, the European P2P platform Robo.cash has financed 1 million loans for the total amount of €89 million. It is notable that the number of loans funded through the platform has increased by 26% from 226,400 for the first five months of 2018 to 284,400 for the same period this year. Read more »

P2P Investors Increase the Investment Size by 30% After the First Month

The European P2P platform Robo.cash has analyzed the average investment made within the first months of investing. The results show that the average investment increases by 30% after the first month of investing on the platform and by another 10% - after the second one. Read more »

TurnKey Lender Receives an Accreditation From IMDA Singapore

TurnKey Lender, the market’s leading provider of lending automation solutions and services, has received accreditation from IMDA Singapore - a statutory board in the Singapore government. The Accreditation@SGD program is focused on accelerating the growth of innovative technology companies by selecting the best ones and helping them establish credibility in the eyes of local and international partners. Read more »

Esme Loans to begin offering loans to sole traders

Digital lending platform Esme Loans, has today announced that it will now offer its loans to UK businesses operating as sole traders. Under its extended proposition, sole traders will be able to obtain loans from £25,500 - £150,000, for up to five years. Read more »

TurnKey Lender Launches Psychometrics: the New Word in Credit Decisioning

TurnKey Lender, a provider of intelligent lending automation, decision management, and risk mitigation solutions, announces the launch of a new app called TurnKey Lender Psychometrics. It allows lenders worldwide to safely evaluate borrowers even in cases when there’s no access to their credit history, bank accounts or other relevant personal data.  Read more »

FICO Survey: UK Car Buyers Shifting Toward Online Financing

Car buyers in the UK are finding more of their financing online. That data comes from the second annual survey on auto financing conducted by leading analytic software firm FICO, which showed that: Read more »

Esme Loans teams up with Microsoft to accelerate growth

Esme Loans, the end to end digital lending platform that provides unsecured business loans between £10,000 - £150,000 has today announced that it has enlisted Microsoft to build a new cloud based data warehouse, enabling the lender to make faster and better targeted lending decisions and to provide automated service assisted by artificial intelligence (AI). Read more »

P2P lender Beehive raises $4 million

Beehive, MENA's leading peer to peer lending platform, has secured $4m of follow on investment from Riyad TAQNIA Fund (RTF) as part of a Series B funding round.  This latest round brings the total raised by Beehive to $15.5m since its launch. Craig Moore, Beehive Founder and CEO said, "This investment is testament to the success of the Beehive digital model and demonstrates RTF's continued commitment to our growth. The investment will help us... more Read more »

Assetz Capital launches new 90-Day Access Account with bonus cashback offer

Assetz Capital has launched a new 90-Day Access Account, offering an introductory target gross interest rate of 5.75% p.a. and giving investors access to their cash with just 90 days’ notice in normal market conditions, though access times cannot be guaranteed. Read more »

Ripio Credit Network extends token lock-up for 12 months

Global peer-to-peer lending startup Ripio Credit Network (RCN) has announced plans to extend its token lock-up for another year, joining a growing list of established crypto companies implementing this strategy to better handle the current “crypto winter”. Read more »

Robo.cash celebrates two years of operation

It has been exactly two years since the launch of the European P2P investment platform Robo.cash. For the time of operation, it has demonstrated steady growth and raised €5.6 million of investments, which allowed to finance 760,000 loans totaling €66 million.    Read more »

London-based fintech iwoca raises £150m in equity and debt capital

 iwoca, one of Europe’s fastest growing small business lenders, today announces it has raised an additional £150m in equity and debt capital. The investment brings iwoca’s total funding to £350m. iwoca’s most recent fundraising included a Series D equity round led by Augmentum Fintech, the specialist fintech venture capital investor. NIBC Bank and other existing investors, including Prime Ventures, also participated. Read more »

CrowdBureau Launches P2P Lending and Equity Crowdfunding Price and Total Return Index

CrowdBureau Corporation, a financial technology company and index provider, announced the launch of the CrowdBureau Peer-to-Peer Lending and Equity Crowdfunding Index (tickers: CBP2P and CBP2PTR). Read more »

Inditrade and Robocash Group launch microlending operations in India

Following the MoU signed last year, the financial companies Inditrade Capital and Robocash Group have launched an online service for short-term consumer lending in India. Given the increasing demand for digital lending, the service is expected to lead the segment in India in a period of 3 to 5 years. Read more »

LEADING P2P LENDER BLEND NETWORK APPOINTS HIGHLY EXPERIENCED PROPERTY PROFESSIONAL PAUL WATSON AS HEAD OF ORIGINATION AND STRENGTHENS SENIOR TEAM

BLEND Network, a fast-growing peer-to-peer property lending platform, has announced the appointment of highly-experienced property professional Paul Watson as Head of Origination. His arrival will help the company better serve its existing clients, as well as accelerate the acquisition of new borrowers, while also enhancing its due diligence capability for the benefit of its lenders. Read more »

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