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Peer2Peer Finance News | October 22, 2018

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Funding Circle originations hit record high

October 19, 2018 |

FUNDING Circle saw new originations grow by 45 per cent in the third quarter of this year globally, as it revealed its UK broker channel has facilitated more than £1bn of lending.

The newly-listed peer-to-peer business lender, which has operations … Read More

CrowdProperty hits £10m repayment milestone

October 18, 2018 |

CROWDPROPERTY investors have now earned more than £10m from lending through the peer-to-peer property platform.

The development finance provider said on Thursday that lenders have earned £867,091 of interest and £9.2m in capital repayments since it launched in 2014.

“We … Read More

Landbay adopts new software to speed up investor sign-ups and mortgage approvals

October 18, 2018 |

LANDBAY has selected software company Oracle NetSuite to help speed up its decisions on mortgage applications and investor sign-ups.

Oracle NetSuite provides a suite of cloud-based applications that support businesses in managing their finances, operations and customer relations more efficiently.

It … Read More

Ablrate to launch blockchain-powered secondary market

October 18, 2018 |

ASSET-BACKED lender Ablrate is developing a blockchain-powered secondary market that will eventually be accessed by multiple peer-to-peer platforms and investors across the world.

David Bradley-Ward, chief executive of Ablrate, has launched a blockchain software provider called ASMX, which is working … Read More