Tag: Peer-To-Peer Lending

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

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

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: www.finextra.com

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

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

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: www.fintechroundup.com

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

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: uk.businessinsider.com

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: www.fintechroundup.com

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: www.fintechroundup.com