Qudian Inc. Provides Business Update
- 6 years 1 week 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.
SimplyFi launches online crowd-investing product for SMEs with Tochka Bank
- 6 years 1 month ago
- Crowdfunding
SimplyFi, a leading innovator in crowdfunding for Russian small and medium-sized enterprises (SMEs), has teamed up with Tochka Bank to offer its fast, online lending services directly to the bank’s business clients.
New FICO and Equifax RegTech Solution Can Help Lenders Meet Affordability Requirements
- 6 years 2 months ago
- Alternative Finance
As the UK’s Financial Conduct Authority pursues measures to stop consumers becoming trapped by persistent debt, two industry leaders in credit risk management have joined forces to help lenders make better lending decisions.
Divido launches first multinational B2B finance solution for point of sale
- 6 years 2 months ago
- Alternative Finance
Divido, the retail finance platform, is today extending its proposition to provide a B2B finance solution at the point of sale across Europe. In partnership with its panel of specialist business lenders, Divido’s platform now allows retailers to offer B2B finance to their business customers at the checkout to increase sales.
Millenial Investors are taking over P2P Lending
- 6 years 2 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.
Finitive Launches Alternative Lending Investment Platform With $1.3 Billion Of Initial Transaction Volume
- 6 years 4 months ago
- Alternative Finance
Finitive LLC (www.finitive.com), a financial technology platform providing institutional investors with direct access to alternative lending investments, announced today the launch of its zero-fee platform. Finitive, which commenced operations in August 2017, has received commitments for transactions with an aggregate capacity of $1.3 billion. Several asset managers and banks have committed capital for transactions in the consumer, renewable... more
iwoca pledges £100m for small businesses in the Northern Powerhouse
- 6 years 5 months ago
- Crowdfunding, microfinance
iwoca, one of Europe’s largest small business lenders, is pledging to lend £100 million to micro and small businesses in the North of England by 2020. The alternative finance provider is making the pledge in response to the withdrawal of credit facilities for small businesses by the UK’s banks, which has been most acute in the North.
The P2P Lending is Becoming a Significant Income Source for Young investors
- 6 years 6 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 8 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
- 6 years 9 months 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.
ING Expands Instant Lending to SMEs in France and Italy
- 6 years 9 months ago
- P2P Lending
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
Tic:Toc Selects MuleSoft to Power Instant Online Home Loan Service
- 6 years 10 months ago
- Alternative Finance
MuleSoft (NYSE: MULE), the leading platform for building application networks, today announced that financial services startup Tic:Toc has selected MuleSoft's Anypoint Platform™ to power it’s real-time home loan approval system.
Global Online Lender Issues €120M In Credit Lines to SMEs
- 6 years 10 months ago
- Alternative Finance
In three years, online lender Spotcap has issued more than €120 million in credit lines to small and medium-sized enterprises (SMEs). The fintech also raised an additional €22 million of equity and debt funding from its existing investor network. It has now raised €100 million of investment since its launch in September 2014.
Peer-to-peer lender TWINO Expands Operations in Russia with Second Originator
- 6 years 11 months ago
- P2P Lending
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.
Klarna Unveils P2P Payments Service
- 7 years 2 weeks ago
- P2P Lending
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.
