P2P Lending

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 »

Chinese P2P Firm Leadercf.com Explores Overseas Markets

Since peer-to-peer lending and financing (P2P) made its appearance in China a decade ago, the country has become one of the world's leading markets for the service, with pent-up demand causing the domestic market to grow especially rapidly over the last two years. Read more »

DoFinance Enters Asia and Opens a Representative Office in Indonesia

DoFinance opens European peer-to-peer investment gates to private investors in Asia. In becoming the first European-based P2P platform to open a customer centre in Indonesia, DoFinance connects a customer-oriented approach set to European standards and Asian investors. Read more »

P2P Lending Platform Assetz Capital Raises Interest Rates for Limited Time

Today Assetz Capital, one of the UK’s largest and fastest growing peer-to-peer finance platforms, revealed it was raising the interest rate on its popular 30 Day Access Account (30DAA) by 0.5% to 4.75% for a limited time. The 30DAA allows peer-to-peer lenders to invest automatically in loans and features automatic diversification to spread risk. Read more »

Isbank Launches P2P Mobile Payments

Making its customers’ lives easier with digital banking innovations, İşbank has launched a new P2P money transfer service, called as “Social Account”, which is available for the first time in Turkey. İşbank offers its mobile banking app users a new feature called “Social Account” which simplifies money transfers for all kinds of special occasions. Read more »

P2P lender Flender Appoints Equifax to Support UK SME

Equifax Limited, the consumer and business insight expert, has been appointed by new P2P lending platform Flender to support the underwriting of loans for UK SMEs. Equifax will supply real-time consumer and commercial data so that the underwriting process can be automated and optimised. The data insight, provided via the Equifax Business Insights solution, will give a holistic view of SME loan applicants, providing Flender with the tools to make... more Read more »

Growth Street Unveils P2P Investment Opportunity for Individuals

Growth Street, an alternative banking service provider for SMEs, announced today that it is now listed as an Appointed Representative (AR) on the Financial Conduct Authority’s (FCA) Financial Services Register. Formerly a peer to peer (P2P) platform purely for incorporated businesses to lend and borrow from each other, this new status allows Growth Street to accept individuals as investors on the platform. By expanding the range of investors,... more Read more »

TWINO Becomes First P2P Platform in Europe to List Loans from Russia

 TWINO, Europe’s fastest growing peer-to-peer (P2P) lending platform, today announces that it has begun listing Russian consumer loans, making it the first P2P lender to offer European investors the chance to invest in the region. The Russian loans will be offered to investors with bank-beating returns of c.14% per annum. Investors will also be offered TWINO’s BuyBack Guarantee, which protects from borrower default risk. Read more »

LendIt Names Winner of PitchIt@LendIt Competition

 LendingWell, a single-platform P2P lending partner, has today been announced the winner of PitchIt @ LendIt, a competition aiming to find a future star within the online lending and fintech space. The competition is organised by LendIt, the largest conference series dedicated to connecting the global online lending community, in partnership with Capital One, an information-based lending company. Read more »

LendIt Collaborates with P2P Finance Association to Run Online Lending Conference

LendIt, the world’s largest online lending conference, today announced the launch of LendIt Europe 2016, its third annual European conference, to be held October 10-11, 2016 in London. LendIt is partnering with the UK P2P Finance Association, Europe’s premier lending association, for the second year to deliver what is expected to be its largest conference to date, with more than 1,000 attendees expected. Read more »

Basware & Indiegogo Partner to Provide Capital for the “Next Big Thing”

 Highlighting the critical need for cash and working capital to grow a business, Basware, the global leader in networked purchase-to-pay (P2P) solutions, e-invoicing and innovative financing services, has launched a campaign with Indiegogo, the largest global crowdfunding and fundraising site, to provide capital for the “Next Big Thing.” The company is soliciting the expert opinions of corporate finance professionals to vote for the start-up... more Read more »

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