Esme Loans teams up with Microsoft to accelerate growth
- 6 years 6 months ago
- P2P Lending
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).
P2P lender Beehive raises $4 million
- 6 years 6 months ago
- P2P Lending
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
Assetz Capital launches new 90-Day Access Account with bonus cashback offer
- 6 years 7 months ago
- P2P Lending
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.
Ripio Credit Network extends token lock-up for 12 months
- 6 years 7 months ago
- Blockchain, P2P Lending
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”.
Robo.cash celebrates two years of operation
- 6 years 7 months ago
- Investment Management, P2P Lending
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.
London-based fintech iwoca raises £150m in equity and debt capital
- 6 years 7 months ago
- Banking, microfinance, P2P Lending
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.
CrowdBureau Launches P2P Lending and Equity Crowdfunding Price and Total Return Index
- 6 years 7 months ago
- P2P Lending
CrowdBureau Corporation, a financial technology company and index provider, announced the launch of the CrowdBureau Peer-to-Peer Lending and Equity Crowdfunding Index (ti
Over half of Brits borrowing from family instead of banks
- 6 years 7 months ago
- Alternative Finance, Infrastructure
New data from the UK’s leading price comparison site, MoneySuperMarket, reveals the true extent to which Brits rely on immediate family for financial help. The data shows that over half (55 per cent) of Brits have borrowed over £100 from a family member, with the average loan reaching as high as £2,2271, meaning the UK’s total family debt runs into the billions.
Inditrade and Robocash Group launch microlending operations in India
- 6 years 8 months ago
- P2P Lending, Infrastructure
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.
LEADING P2P LENDER BLEND NETWORK APPOINTS HIGHLY EXPERIENCED PROPERTY PROFESSIONAL PAUL WATSON AS HEAD OF ORIGINATION AND STRENGTHENS SENIOR TEAM
- 6 years 8 months ago
- P2P Lending
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.
Linedata to transform the lending experience with Loansquare’s digital platform
- 6 years 8 months ago
- Alternative Finance
Linedata (Euronext Paris: LIN) announces the acquisition of French start-up Loansquare, whose portal digitalizes relationships between borrowers and lenders. By acquiring Loansquare, Linedata enhances the end-to-end capabilities of its platforms and services for lenders. "I am delighted to start 2019 with the acquisition of Loansquare, says Anvaraly Jiva, Founder and CEO of Linedata. We are engaged in an ambitious process of enabling digital... more
Assetz Capital rewards investors with new cashback offer
- 6 years 8 months ago
- P2P Lending
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.
Robo.cash welcomes the loan originator from the Philippines
- 6 years 9 months ago
- P2P Lending
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%.
UK consumers cast their vote on the future of the high street
- 6 years 9 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 10 months 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.
