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 »
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, 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 »
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, 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 »
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 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 »
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 »
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 »
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 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 »
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 »
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 »
Leading peer-to-peer business lender, Assetz Capital, has launched a new cashback offer which rewards new investors with up to £350 in cashback. To trigger the cashback, users need to register and invest by 31st January. Those that invest between £5,000 and £10,000 will earn £100 cashback, with those investing over £10,000 or £20,000 earning £150 or £250 respectively. Read more »
The European P2P platform Robo.cash has been recently joined by its first lending company in Southeast Asia Robocash Finance Corp. Now users of the platform have an opportunity to invest in the Philippine short-term consumer loans in EUR with an annual return of up to 12%. Read more »
