Rise in Investments by Millennial Women in P2P Lending by 430%: LenDenClub Study
- 2 years 11 months ago
- P2P Lending
430% and 150% rise in women investors and borrowers respectively in FY 21-22 Mumbai and Hyderabad ranked top in terms of women investing in P2P lending Witnesses 150% Y-o-Y growth in women borrowers across the country More than 36% of all female borrowers returned to reapply for a loan
European P2P Investors Gradually Going Mobile
- 2 years 11 months ago
- P2P Lending
One in seven P2P investors use their smartphones primarily as financial instruments. At the same time, computers are preferable for investors when working with P2P sites. These are the results of the latest survey conducted by the investment platform Robocash. Almost 30% of P2P investors have a mobile experience in one way or another connected with financial and investment activity. In addition to direct tracking of funds (13,1%), another 9%... more
Fintech Delio Secures $8.3m Growth Funding Led by Octopus Ventures to Connect Private Markets on a Global Scale
- 2 years 11 months ago
- Alternative Finance
Investment was led by Octopus Ventures and supported by early-backers Maven Capital Partners, bringing Delio’s total equity funding to $15.5m Delio’s white-label technology helps financial institutions like Barclays and UBS to share and manage private markets investment opportunities through a series of digital hubs
Gulf Capital Accelerates Investment Pace in Egypt With Over EGP5 Billion Invested in the Country to Date and Announces New Office Opening
- 2 years 11 months ago
- Investment, Alternative Finance
Gulf Capital, a leading thematic alternative investment firm in growth markets, announced today that it has opened an office in Cairo to further seek investment opportunities in the fast-growing Egyptian and African markets. The office will be headed by seasoned investor Miray Zaki, the prior Chief Investment Officer of the Sheikh Zayed Al Nahyan Foundation and previously with the Abu Dhabi Investment Authority (ADIA), and Fady George, who joins... more
Robo.cash Celebrates Its 5th Anniversary With a Record Growth
- 2 years 12 months ago
- P2P Lending
More than 370 M euros have been funded over the 5 years of Robocash operation. In 2021, the growth was 117% YoY and the customer base was replenished with another 10 thousand new investors. In the near future, the platform plans to introduce automatic investment strategies.
NBK Capital Partners Mezzanine Fund Provides US$ 10 Million Financing to Moove, an African Mobility Fintech
- 3 years 2 weeks ago
- Investment, Alternative Finance
The financing facility will enable Moove to democratize vehicle ownership in Africa and expand across key markets Moove is Uber’s exclusive vehicle financing and vehicle supply partner in Sub-Saharan Africa
Increase in Wellbeing of Filipinos Has a Positive Effect on Alternative Lending
- 3 years 3 weeks ago
- Lending, Alternative Finance
The research by Robocash Group reveals that improvements in the employment rate and the final household consumption volume of the Filipino population will positively affect alternative lending in 2022.
Amid Pandemic-Driven Logistics Boom, ADDX-Listed Real Estate Fund By Elite Exceeds 2x Of Target Returns, After Completing EUR 520m Sale To Blackstone
- 3 years 4 weeks ago
- Asset Management, Alternative Finance
Focused on European warehouses, Elite Logistics Fund I benefited from a significant increase in investor demand for logistics and e-commerce assets
Over Half of SME Leaders Confused About the Government’s Plans to ‘level Up’ the Country
- 3 years 1 month ago
- Alternative Finance
Half (50%) don’t know what levelling up the country means for their business Just three in 10 (30%) business leaders believe that the government will deliver on its levelling up agenda As the government prepares to release its levelling up white paper later this month, new research1 from Nucleus Commercial Finance finds that more than half (52%) of SMEs are confused about the government’s plans.
Alternate Investment Platforms to Look out for in 2022
- 3 years 1 month ago
- Platform Technology, Cryptocurrencies, Alternative Finance
With the year ending, most of us would be planning for the new year resolutions, and one of the most popular resolutions just next to fitness is financial discipline. But making financial decisions is not a cakewalk. One needs to be pretty well informed about the different asset classes, history, and risks involved before investing their hard-earned money. The market is flooded with newer and attractive investment avenues that one can consider... more
Interest for P2P Loans to Ggain Traction in Europe
- 3 years 1 month ago
- P2P Lending
The number of Google requests for P2P lending in Europe has been growing steadily in 2021. An analysis of the investment platform Robo.cash showed that Europeans are increasingly interested in P2P loans, with developed countries leading the way. Spain has one of the highest numbers of Google queries for the period, and every month the amount is growing by an average of 2.1%. At the same time, the concentration of P2P platforms for the business... more
SMEs to Spend £35,000 in 2022 to Address Productivity Crisis
- 3 years 1 month ago
- Banking, Alternative Finance
80% of business leaders are preparing to improve productivity next year Flexible working, new IT systems and investment in digital skills are the leading ways businesses are looking to resolve this issue
Alternative Investment Exchange Announces Integration With UMB Fund Services’ Systems
- 3 years 2 months ago
- Investment, Asset Management, Wealth Management, Alternative Finance
Alternative Investment Exchange (AIX), an alternative investment technology firm that makes it easier for wealth managers and fund sponsors to do business in alternatives, announced the development of a direct data connection with
Comentis Launches New Vulnerability Dashboard to Help Firms Manage their Vulnerable Customers
- 3 years 2 months ago
- Alternative Finance
Dashboard will provide overview of vulnerability across the whole client base to improve insight into customer outcomes and how they can be improved The dashboard will be invaluable for firms reporting back to the Financial Conduct Authority, especially ahead of new regulations in 2022
Spandana Sphoorty Announces Shalabh Saxena as the MD and CEO, and also Announces Other Key Business Updates
- 3 years 2 months ago
- Alternative Finance, microfinance
Additionally, Ashish Damani will take over as President and Chief Financial Officer, and Abanti Mitra to take over as Chairperson of the Board, while Deepak Vaidya will continue as an Independent Director Spandana Sphoorty Financial Limited’s Board of Directors met today and discussed several critical matters related to the leadership transition and business operations. Key Leadership Updates:
