Leading peer to peer lender celebrates £1bn milestone with 1% cashback offer for investors
- 4 years 1 month ago
- P2P Lending
Assetz Capital, one of the UK’s most impactful business lenders, has surpassed the £1bn mark for lending to SMEs and housebuilders across the UK, just seven years from being set up in 2013.
Washington Trust Bank Expands Partnership to Baker Hill NextGen
- 4 years 2 months ago
- Investment Management, Risk Management, Alternative Finance
Baker Hill, the leading financial technology provider in delivering solutions for common loan origination, risk and relationship management, CECL, and smart data analytics, today announces a renewed partnership with Washington Trust Bank. Washington Trust Bank will be migrating to Baker Hill NextGen®, Baker Hill’s unified solution that streamlines loan origination and portfolio risk management for commercial, small business and consumer lending.
Robo.cash attracts 10,000 investors
- 4 years 2 months ago
- P2P Lending
In February, the number of registered investors on the European P2P platform Robo.cash reached 10,000. Remarkably, last year the geographical distribution of its users changed significantly, due to a large influx of investors from Bulgaria, Spain, Italy and Portugal.
Smartlands to Revise and Expand Legal Framework, Base Future Projects on Liechtenstein Law
- 4 years 2 months ago
- Blockchain, Banking, Alternative Finance, Crowdfunding
Smartlands, the next-generation blockchain-based global investment and digital banking ecosystem, will be expanding its legal framework in order to create a broader set of options for high-net-worth individuals.
State Street Announces New Partnership With iCapital Network
- 4 years 3 months ago
- Investment Management, Alternative Finance
State Street Corporation (NYSE: STT) today announced it has entered into a new partnership with iCapital Network[1], the financial technology platform setting the industry standard for delivering access and efficiency in alternative investing.
Robo.cash doubles funding volumes in 2019
- 4 years 3 months ago
- P2P Lending
The fully automated P2P lending platform Robo.cash has summed up the results of its operation in the previous year. For the whole time, the platform has financed €140 million of loans. Out of them, €80 million were funded in 2019. Compared to 2018, it was a double increase in the financing volumes on Robo.cash.
Robo.cash suspends investment into the loans of Robocash Finance Corp.
- 4 years 4 months ago
- P2P Lending
Securities and Exchange Commission in Philippines (SEC) has issued a press release that it has stripped Robocash Finance Corp.’s (Company) authority to operate as a financing company for running several branches without the necessary license. The Corporate Governance and Finance Department (CGFD) of the SEC issued the order of revocation on 12 December 2019 after establishing that Robocash violated the Implementing Rules and Regulations of... more
Robocash attracts European P2P investments for Singapore
- 4 years 4 months ago
- P2P Lending
The fintech holding Robocash Group has just integrated its in-house P2P lending platform Robo.cash in Europe with its Singaporean company Robocash PTE. LTD. The latter will provide the European P2P investors with an opportunity to invest in the business development of the group in Southeast Asia.
5 ways that digital technology can help small businesses
- 4 years 4 months ago
- Alternative Finance
5 ways that digital technology can help small businesses Technology is growing fast and ever-changing. Processes are becoming more efficient and many companies are reaping the rewards through increased efficiency and better system monitoring. It is not just large businesses that can benefit. Here are 5 ways in which digital technology can help small businesses. Time tracking
Investors’ confidence in P2P lending is growing in Europe
- 4 years 5 months ago
- P2P Lending
According to a survey by the platform Robo.cash, 64.9% of the European P2P investors have full confidence in P2P lending. Remarkably, 52.3% of respondents mentioned that P2P loans take a considerable share of their investment portfolio - over 25%.
Online banking, payments and money transfers are TOP-3 fintech products used by P2P investors
- 4 years 5 months ago
- Banking, P2P Lending
These are the findings of the P2P platform Robo.cash based on a survey among European P2P investors. Respondents show positive attitude towards digital services in general, which in large part is due to the age aspect. Most of them are Millennials and Gen Z who have grown together with the digital environment.
Robocash Group reached the milestone of $ 500 million issued loans
- 4 years 5 months ago
- P2P Lending
In the third quarter of 2019, the cumulative volume of consumer financing granted by lending companies of the financial holding Robocash Group amounted to $ 500 million. The group continued to strengthen its position in the Asian market.
Every eighth P2P investor in Europe spends the most on travelling
- 4 years 5 months ago
- P2P Lending
Along with everyday expenses, such as housing and food, European investors spend a lot on trips. Thus, travelling is the largest expense in the budget for 12.3% of them. These are the findings of a recent survey conducted by the P2P platform Robo.cash.
More than a third of European p2p investors prefer active lifestyle
- 4 years 6 months ago
- P2P Lending
According to the analysts of the company, the tendency of investors to do sport is explained by their intention to keep a healthy lifestyle. The results of another survey conducted by Robo.cash earlier this year confirm the assumptions. The largest number of P2P investors (37.7%) then called health their life priority. Also, the majority of respondents said expenses for health take only a small share of their budget, which suggests that they... more
P2P lending in Spain is gaining momentum
- 4 years 6 months ago
- P2P Lending
A study conducted by the P2P platform Robo.cash has shown that the number of search requests associated with P2P lending in Spain grew from 9,400 in July 2015 to 12,000 in June 2019. A significant increase of the queries in 2017 with a peak in March correlates with the growth of Spanish alternative finance market by 23% compared to 2016.
