UK consumers cast their vote on the future of the high street
- 5 years 11 months ago
- Alternative Finance, P2P Lending
Divido, the multinational white-label platform for point of sale lending, has today unveiled the results of its UK-wide research into how consumers approach high-value purchases, and subsequently what the UK high street needs to offer in order to stay relevant. The study of over 2000 UK consumers reveals that just 7% of Brits browse exclusively in-store before making a high-value purchase (identified as costing over £250) - putting pressure on... more
The leading Russian online loan originator joined to Robo.cash
- 6 years 2 weeks ago
- P2P Lending
The European P2P platform Robo.cash has been recently joined by the leading Russian microfinance company MFC Zaymer which has supplied investors with the opportunity to invest in short-term loans issued by its online lending service Zaymer.ru. An expected annual return for investors will comprise up to 14% in EUR and up to 18% in for loans listed in RUB.
Fintech startup Sharegain rolls-out first Securities Lending Platform, following $12m investment
- 6 years 3 weeks ago
- Trading Systems, P2P Lending, FinTech StartUps
Fintech startup Sharegain, whose securities lending platform allows any investor to generate revenue through loaning out their financial assets, has raised a total of $12m (including $5m in the latest round) to support the roll-out of its platform to private banks, online brokers and robo-advisers, as well as scaling up its operations with family offices and asset management firms in line with significant early demand.
The P2P platform Robo.cash welcomes a new loan originator from Kazakhstan
- 6 years 1 month ago
- P2P Lending
The European Р2Р platform Robo.cash has been recently joined by a new loan originator LLP Z-FINANCE which provides short-term private lending in Kazakhstan. For the users of the platform, it means more opportunities to invest in short-term loans listed in euro with a repayment period up to 30 days and an expected interest rate up to 12% per annum.
Twilo unveils API for processing payments securely over the phone
- 6 years 1 month ago
- P2P Lending, Cloud
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.
Mentality of borrowers affects lending business
- 6 years 2 months ago
- P2P Lending
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
SimpleFinance Attracts $15M in Second Round with SBI Investments
- 6 years 2 months ago
- Alternative Finance, P2P Lending
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”).
SimpleFinance named the largest microfinance lender to SMEs in Russia
- 6 years 2 months ago
- microfinance, P2P Lending
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.
Esme Loans Partners with Validis for Secure Financial Data Sharing to Help Streamline its SME Loan Applications
- 6 years 2 months ago
- P2P Lending
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.
Roostify Reveals Roostify Adapt
- 6 years 3 months ago
- P2P Lending
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.
Qudian Inc. Provides Business Update
- 6 years 3 months ago
- P2P Lending
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.
Millenial Investors are taking over P2P Lending
- 6 years 6 months ago
- 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.
The P2P Lending is Becoming a Significant Income Source for Young investors
- 6 years 9 months ago
- P2P Lending
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.
Assetz Capital Launches ISA
- 6 years 11 months ago
- P2P Lending
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.
AsiaKredit Unveils Digital Lending Tool in Phillippines
- 7 years 3 weeks ago
- P2P Lending
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.