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Peer2Peer Finance News | June 21, 2018

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Millennials

Millennials dominate European P2P lending

May 23, 2018 |

MORE THAN half of all European peer-to-peer lenders are millennials, new research has found.

Data from European P2P loans platform Robo.cash has shown that the younger demographic is steadily taking over the leading position from the older generation of investors.

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More millennials building property portfolios with crowdfunding

April 19, 2018 |

AN INCREASING number of millennials are investing via crowdfunding to get exposure to the property market, according to research from Shojin Property Partners.

The property crowdfunding platform said on Thursday that it has seen a 20 per cent increase in … Read More

Millennials snubbing cards for digital currency

April 11, 2018 |

MILLENNIALS are rejecting credit and debit cards for wearables and mobile phone wallets, research claims

A poll by banking software provider Crealogix Group, found 44 per cent of under-35s have never used a credit card while 11 per cent said … Read More

ArchOver: Gen X can learn from younger investors

January 18, 2018 |

MILLENNIALS aren’t just sitting around eating avocados and bingeing on Netflix but are actually investing more wisely than older generations, ArchOver claims.

The peer-to-peer business lender analysed investment behaviour millennials – typically those age 18-35 – and compared this with … Read More

Not just avocados! Millennials “out-investing” older generations

December 4, 2017 |

MILLENNIALS may be lambasted for spending too much of their money on luxuries or avocado toast, but research suggests this may not be the case.

A report by peer-to-peer business lender ArchOver found that millennials – those aged 18-34 – … Read More

Money management struggles for young business owners

November 15, 2017 |

THE next generation of entrepreneurs are finding it difficult to keep on top of their business finances, with around 60 per cent of millennial business owners stating that financial administration is one of the most stressful aspects of their role.

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Third of millennials borrowed over £1,000 last year

November 13, 2017 |

NEARLY a third (30 per cent) of consumers aged 18 to 25 borrowed more than £1,000 over the past year, research shows.

Equating to around two million people, it is the highest proportion of any demographic.

The report from Equiniti, … Read More

Accenture: Don’t miss out on the big millennial opportunity

October 2, 2017 |

TRADITIONAL banks must continue to innovate and focus on the customer experience, otherwise they risk losing market share to tech companies and retailers.

This warning was issued by Accenture, after a survey of 2,000 UK consumers revealed that younger consumers … Read More

Not just avocado toast! Younger Oz investors flocking to RateSetter

September 20, 2017 |

RATESETTER is proving popular down under with millennials – typically those born in the early 1980s up to the mid 1990s – leading to a surge of investment into the lender’s one-month rolling product.

Data from RateSetter’s Australian platform, launched … Read More

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