Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | April 27, 2017

Scroll to top


Global News

RateSetter: Millennials are driving P2P growth in Australia

April 27, 2017 |

MILLENNIALS represent the largest retail investor group in the peer-to-peer lending market in Australia and will drive the sector’s growth, according to new research from RateSetter.

The London-headquartered P2P platform, which launched its Australian division to the public in 2014, … Read More

US MPL securitisations total $3bn in first quarter

April 5, 2017 |

SEVEN marketplace lending (MPL) securitisations took place in the US in the first quarter of 2017, with a total value of $3bn (£2.4bn), according to new research.

This is up from $2.4bn in the fourth quarter of 2016. Alternative lending … Read More

UK and Japanese regulators agree fintech co-operation

March 9, 2017 |

FINANCIAL regulators in the UK and Japan have signed an agreement to promote fintech businesses and market intelligence between their respective jurisdictions.

The UK’s Financial Conduct Authority (FCA) and the Financial Services Agency of Japan (JFSA) have exchanged letters outlining agreements … Read More

RateSetter Australia partners with mortgage aggregator Connective

March 7, 2017 |

RATESETTER Australia has partnered with mortgage aggregator Connective, to give more brokers access to its range of personal and business loan products in the country.

The UK-headquartered peer-to-peer lender, which set up its Australian subsidiary in 2014, said the … Read More

Funding Circle US secures $100m funding

March 2, 2017 |

IMPACT investor Community Investment Management (CIM) has pledged to invest an extra $100m (£81.5m) into loans on the Funding Circle platform in the US.

It extends an ongoing agreement between the peer-to-peer lender and CIM, which specialises in responsibility and transparent … Read More

One fifth of world’s ultra-wealthy looking for new investments

March 1, 2017 |

AT LEAST one fifth of the world’s wealthiest people are shopping around for innovative investment opportunities and London may well be in pole position to snap up their funding.

A report published today showed that the UK capital remained the … Read More

China tightens P2P rules in anti-fraud crackdown

February 23, 2017 |

CHINA’S banking regulators have tightened rules to combat fraud in the country’s scandal-hit peer-to-peer lending sector.

The China Banking Regulatory Commission announced on Thursday it may force platforms to use commercial banks as third-party fund custodians.

Read more: China’s P2P … Read More

TWINO enters Spanish loans market

February 22, 2017 |

EUROPEAN peer-to-peer unsecured finance provider TWINO has begun listing Spanish loans on its platform as it seeks to expand its reach across the continent.

Latvia-based TWINO, which funds unsecured loans across continental Europe, is offering short-term loans in Spain for … Read More

Lending Club losses increase after tough 2016

February 15, 2017 |

US peer-to-peer giant Lending Club made a loss for the third year in a row in 2016, despite new loans picking up slightly in the fourth quarter.

The platform, which saw its founder and chief executive Renaud Laplanche resign last … Read More

LendingRobot launches P2P hedge fund

January 27, 2017 |

US-BASED automated peer-to-peer platform LendingRobot has launched a hedge fund to invest in loans from different lenders.

LendingRobot, which uses algorithms to help lenders automatically buy and sell P2P loans on US platforms, is now offering a hedge fund for wealthy investors.

Read More