Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | September 18, 2018

Scroll to top

Top

Global News

London loses out to New York in financial centre rankings

September 12, 2018 |

LONDON has been replaced by New York as the world’s top financial centre in a think tank’s latest rankings, due to uncertainty over the Brexit outcome.

The Global Financial Centres Index (GFCI), compiled by think tank Z/Yen each March and … Read More

Women are still less likely to invest in P2P, says Robo.cash

August 22, 2018 |

WOMEN are still far less likely to invest in peer-to-peer loans, according to Latvian platform Robo.cash.

Research from the P2P payday lender has found that just eight per cent of its investors are women.

“While fintech and alternative lending have … Read More

China recruits state-owned banks to save troubled P2P sector

August 17, 2018 |

FINANCIAL regulators in China have consulted with state-owned asset managers to help resolve a crisis emerging in the country’s peer-to-peer sector, according to reports.

Hundreds of P2P investors have faced issues with withdrawing funds, defaults or platform owners simply disappearing, … Read More

Beijing’s financial district on lockdown amid P2P protests

August 7, 2018 |

BEIJING’S financial district was under police lockdown yesterday, as angry peer-to-peer investors planned widespread protests.

This follows weeks of escalating tensions between China’s disillusioned P2P investors and the country’s many P2P platforms, with a series of platform collapses leaving investors … Read More

Robo.cash attracts £1.3m in six months

July 26, 2018 |

LATVIAN peer-to-peer payday loans platform Robo.cash has attracted €1.5m (£1.3m) from investors during the first half of 2018, representing a 35 per cent year-on-year increase.

Since launch in February 2017, the platform has raised more than €4m. This has facilitated half … Read More

P2P lender Raize’s share price rises by 20pc

July 19, 2018 |

SHARES in Europe’s first public peer-to-peer lender have soared by 20 per cent since trading began on Wednesday.

Portugal’s Raize started trading on the Euronext Access in Lisbon, having placed 15 per cent of its shares with 1,400 retail and institutional investors.

Read More

BNI Europa invests in US consumer loans via Upgrade deal

July 19, 2018 |

BANCO BNI Europa, the Portuguese challenger bank, has started investing in US consumer loans through a funding deal with Upgrade, a US consumer credit platform.

The partnership aims to expand access to affordable credit for consumers in the US.

As … Read More

Irish P2P lender launches €150m property fund

July 5, 2018 |

IRELAND’S largest peer-to-peer lender will launch a new residential property fund worth €150m (£134m) within the next three months.

Initiative Ireland – which last year funded the country’s largest ever P2P loan – will act as the investment advisor on … Read More

Portugal’s Raize becomes first European P2P lender to go public

June 27, 2018 |

PORTUGUESE peer-to-peer lender Raize has made history by floating on the stock market.

It is the first P2P platform in Europe to go public, and marks Portugal’s first initial public offering (IPO) since 2014.

Raize – which is the biggest … Read More

US bank expands commitment to back Funding Circle loans

June 27, 2018 |

US REGIONAL lender INTRUST has expanded its partnership with Funding Circle to back loans to American small businesses.

The Kansas-based bank has already funded more than 150 loans on the US version of the Funding Circle platform following a deal … Read More