Thursday, June 20, 2024
Tags Peer-To-Peer Lending

Tag: Peer-To-Peer Lending

Kuflink’s P2P lending platform receives FCA authorisation

Kuflink has received full authorisation from the Financial Conduct Authority (FCA) for its peer-to-peer lending platform. Read more:

Amartha secures Series A to reach more unbanked

Indonesian peer-to-peer (P2P) lending marketplace for underbanked communities Amartha has closed its Series A round led by Mandiri Capital Indonesia. Read more:

High rate of defaults hit P2P lending sector

Investors in the peer to peer (P2P) lending sector have seen their returns suffer due to a high rate of borrower defaults among start-ups. Read more:

Landbay launches property-backed ISA

UK peer-to-peer lending platform, Landbay, has officially launched its property-backed ISA investment. Read more:

China reports almost 500,0000 cases of P2P lending problems

A report in China News says there was a “surge in problematic peer to peer online lending” during 2015 and 2016. Read more:

Zopa becomes first P2P lender to pass £2bn milestone

The company says it has facilitated 300,000 loans since launching 12 years ago, matching 246,000 borrowers with more than 75,000 investors. Read more:

Report: Majority of China P2P lenders could fail in 2017

The Chinese online lending market has also earned a reputation for fraud as many platforms operate with little regulatory oversight. Read more:

Watchdog plans tougher rules for UK P2P lenders

Britain's finance watchdog is proposing tougher rules on disclosure and transparency for peer-to-peer lending platforms, after a 6-month review into the growing industry. Read more:

Prosper looks to new CEO amid tough year for P2P lenders

There’s change coming at the top of online lender Prosper Marketplace with CEO Aaron Vermut leaving the company at the end of the month. Read more:

Chinese authorities raid peer-to-peer lender’s offices

The Chinese authorities are cracking down on suspicious peer-to-peer (P2P) lending platforms with raids on the offices of two businesses connected with Shanghai Kuailu Investment Group. Read more: