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Peer2Peer Finance News | July 19, 2019

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Posts By Jordan Bintcliffe

Goldman Sachs strikes £200m deal with Lendable

July 17, 2019 |

PERSONAL loan startup Lendable has struck a £200m deal with Goldman Sachs that will see the bank commit to buying loans originated by the peer-to-peer lender.

The investment will come from a division of the US investment bank called Goldman … Read More

OBIE: Open Banking kick-starts innovation but needs improvement

July 17, 2019 |

OPEN Banking has kick-started an ecosystem of digital innovation even though implementation has not yet been completed, a new report from the Open Banking Implementation Entity (OBIE) says.

The report notes the firm foundations upon which Open Banking has been … Read More

British Business Bank lent over £6.6bn in 2018

July 17, 2019 |

STATE-OWNED British Business Bank has lent over £6.6bn to more than 89,000 businesses in the UK over the past year.

This represents a 27 per cent increase on the £5.2bn which was lent in 2017, the bank confirmed.

More than … Read More

Elfin Market pushes IFISA launch to September

July 16, 2019 |

PEER-TO-PEER consumer lender Elfin Market will launch its Innovative Finance ISA (IFISA) product in September after pushing back the release date in order to implement additional features, co-founder and chief executive Mansour Bouaziz said.

Elfin’s team is working to implement … Read More

JustUs founder launches pre-paid crypto card

July 16, 2019 |

LEE BIRKETT, founder of peer-to-peer platform JustUs, is set to launch a new pre-paid cryptocurrency card via online adviser Moneybrain.

Speaking exclusively to Peer2Peer Finance News, Moneybrain BiPS foundation trustee Birkett revealed that the card will be available “within weeks”.

Read More

Lendwise named as Europe-wide top-50 startup

July 16, 2019 |

PEER-TO-PEER education financier Lendwise has been selected as one of Europe’s 50 most promising startups at innovation festival Unbound London.

Lendwise was also invited to compete in the Future of Finance Startup Battle taking place at the festival, alongside five … Read More

What is P2P car finance?

July 15, 2019 |

PEER-TO-PEER car finance has been on the rise in recent years, but in a sector where investors are more used to investing in business or property loans, what can car finance loans do differently?

P2P car finance is a fast-growing … Read More

The House Crowd integrates with ASMX’s blockchain secondary market

July 11, 2019 |

THE HOUSE CROWD is the third peer-to-peer lender set to integrate with ASMX’s blockchain-based secondary market.

The peer-to-peer property lender joins asset-backed P2P platform Ablrate and its partner business Huddle Capital in using the new blockchain solution.

Ablrate has been working … Read More

Zopa survey finds Brits are more open about bank balance than Netflix password

July 10, 2019 |

ZOPA research has found that Brits are more likely to share information about their finances with their partner than their Netflix password.

A survey of 2,000 adults by the peer-to-peer lender found that 47 per cent of respondents felt more comfortable revealing … Read More

WorldPay’s Nick Ogden joins Funding Options’ board

July 10, 2019 |

WORLDPAY and ClearBank founder Nick Ogden has joined business finance marketplace Funding Option’s board as a non-executive chairman.

Ogden (pictured) is known for founding payment platforms WorldPay and Cashflows, and ClearBank – the first new clearing bank for 250 years, … Read More