Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | July 19, 2018

Scroll to top

Top

payday loans

Zopa’s Giles Andrews named Kreditech advisory board chairman

May 3, 2018 |

ZOPA co-founder Giles Andrews OBE has been named as chairman of German alternative consumer lender Kreditech’s advisory board.

The fintech firm provides loans and credit cards for the under-banked and those with poor or little credit history and operates in … Read More

Welendus loanbook hits £100,000 in just three months

April 5, 2018 |

WELENDUS investors have funded £100,000 of short-term loans in just three months of its beta stage, the platform has announced.

Nadeem Siam (pictured), founder of the platform, says a full launch of the product is planned soon but Welendus has … Read More

Welendus goes live with interest-free loan offer

March 20, 2018 |

PEER-TO-PEER payday lender Welendus has launched its first product, offering borrowers an interest-free loan if the debt is repaid in one day.

Individuals can borrow up to £500 using the new facility, which is aimed at those faced with unexpected … Read More

Robo.cash loan book hits £2.5m in first year

March 6, 2018 |

LATVIAN peer-to-peer payday loans platform Robo.cash has grown its loan book to €3m (£2.6m) in its first year of operation.

The platform, which provides short-term loans to borrowers in Kazakhstan and Spain, announced on Tuesday it has attracted 2,000 investors … Read More

Welendus launches new £150,000 crowdfunding campaign

November 24, 2017 |

PEER-TO-PEER payday loan platform Welendus has launched a new crowdfunding round on Seedrs this morning to raise an additional £150,000.

The lender, which raised £100,000 from investors during a Seedrs fundraise in March, has already reached … Read More

Payday P2P lender Welendus receives full FCA approval

October 16, 2017 |

WELENDUS, the peer-to-peer payday lender, has received full authorisation from the Financial Conduct Authority (FCA.)

The milestone comes a year after the company was formed.

The platform, which wants to shake-up the payday lending market by offering more reasonable interest … Read More

FCA extends credit assessment rules for P2P platforms

July 31, 2017 |

THE FINANCIAL Conduct Authority (FCA) is proposing widening the scope of affordability assessments for peer-to-peer platforms as part of a wider review of the high-cost credit sector.

A consultation released by the City watchdog on Monday morning said there was … Read More

DoFinance opens for P2P investors in Asia

May 17, 2017 |

PAYDAY loans peer-to-peer lender DoFinance is expanding into Asia.

The platform lets investors back payday loans originated by the lender’s parent company Alfa Finance in Poland, Latvia, Georgia and Indonesia.

It was previously only available to European investors but is … Read More

Risk and Reward

March 2, 2017 |

What Kevin Allen doesn’t know about credit risk isn’t worth knowing. The Money Platform’s new chief risk officer talks to Peer-to-Peer Finance News about being an early adopter, his time at RateSetter and finding a gap in the short-term lending … Read More

Payday P2P lender Welendus eyes January launch

November 14, 2016 |

NEW PAYDAY peer-to-peer lender Welendus is expecting to launch in January, after it receives full Financial Conduct Authority approval.

Its chief executive Nadeem Siam is keen to turn around the reputation of the payday lending market with his new … Read More