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Peer2Peer Finance News | June 26, 2019

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Goldman Sachs

Prodigy Finance launches P2P student healthcare loans

May 16, 2019 |

PRODIGY Finance has launched a new loan product to help international students pursuing dental, nursing or public health postgraduate degrees in America.

It will fund eligible borrowers at select schools who are completing a Master of Public Health, Master of … Read More

In the beginning

May 15, 2019 |

CONSUMER lending is the oldest segment of P2P, but can it retain its competitive edge against newer and bigger types of P2P finance? Andrew Saunders reports…

Consumer loans may have been the original peer-to-peer product, but are they still the … Read More

LendInvest appoints trio of banks to work on IPO

March 26, 2019 |

LENDINVEST has reportedly appointed three investment banks to work on its £500m initial public offering (IPO).

The online property lender has hired Goldman Sachs and Barclays as joint global co-ordinators, while BNP Paribas has been appointed to a more junior role … Read More

Funding Circle lists on London Stock Exchange

September 28, 2018 |

FUNDING Circle has officially been listed on the London Stock Exchange with an initial public offering (IPO) of £300m, and a valuation of £1.5bn.

It is the first UK-based peer-to-peer lending platform to go public.

Samir Desai (pictured), chief executive … Read More

Prodigy Finance raises £760m in debt finance

September 24, 2018 |

UK-BASED peer-to-peer lender Prodigy Finance has secured $1bn (£761m) in available debt finance as it aims to expand its student funding programme.

The financing primarily consists of $900m from institutions including Deutsche Bank, Goldman Sachs, M&G Investments and Sumitomo Mitsui … Read More

Who is guiding the Big Three?

July 5, 2018 |

THE PEER-TO-PEER industry is constantly evolving, and some of the bigger brand names have become permanent fixtures in the financial services landscape.

We have seen start-ups become regulated companies, online platforms apply for banking licences and now some are even … Read More

Time is ripe for first P2P IPO

July 3, 2018 |

THE UK’S biggest peer-to-peer lenders are thought to be gearing up for stock market flotations – a landmark moment in the history of the sector.

Funding Circle is reportedly seeking an initial public offering (IPO) this year, while RateSetter is thought … Read More

How the big three shaped P2P

June 15, 2018 |

ALTHOUGH we still tend to think of peer-to-peer lending as a young sector, it is now 13 years since Zopa became the first lender in the market. It was joined five years later by Funding Circle and RateSetter and since … Read More

Global fintech funding hits record $5.4bn in first quarter

April 23, 2018 |

GLOBAL investment funding in the fintech sector reached a record $5.4bn (£3.86bn) during the first quarter of 2018, according to new research.

CB Insights’ latest Global Fintech Report found that there were 323 fintech deals around the world that added up … Read More

Gone in 98 minutes! Blend Network sees surge in property loans

April 20, 2018 |

A PEER-TO-PEER lending platform aiming to be “Goldman Sachs of P2P” has reached £2m of lending in less than four months, with its latest development loan getting backed within 98 minutes.

Blend Network offer asset-backed property loans to retail and … Read More