Peer-to-Peer

Jul
07

Ireland is well placed to ride the fintech wave

It was almost inevitable that Dublin would emerge as the hub of a thriving fintech sector in Ireland. The co-existence along the banks of the Liffey of the well-established International Financial Services Centre (IFSC) and the more youthful “Silicon Docks” with its coterie of world leading born-on-the-internet firms created an ideal breeding ground for the […]

By Reposted by International FinTech | Borrowing . Currency . FinTech . Lending . Payments . Peer-to-Peer
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Jul
05

LandlordInvest raises seed funding from Alan Gabbay, Director of O&H Properties

LandlordInvest, one of the first fully FCA authorised peer-to-peer lending platforms for residential mortgages, raises seed funding from Alan Gabbay, Director of O&H Properties, a London based privately owned property investment firm with assets valued at approximately £1 billion. LandlordInvest was launched at end of 2016 by founders Filip Karadaghi, Nikolajs Smirnovs and Joe Vallender […]

By International FinTech | Borrowing . FinTech . Investing . Lending . Mortgage . Peer-to-Peer . Venture Capital
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Jun
12

HK, Singapore rivalry hobbling Asia in $100b Fintech race

Asia’s competitiveness in fintech is being undermined by the rivalry among the region’s financial centers that has created regulatory complexity and uncertainty, a financial lobby group has warned. Governments across Asia—most notably Hong Kong and Singapore—have launched a raft of initiatives to grab a slice of the $100 billion invested in financial technology globally but […]

By Reposted by International FinTech | FinTech . Investing . Lending . Peer-to-Peer
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Jun
02

Peer-to-peer lending giant Zopa confirms £32m fundraise

Zopa scoops £32m in a new investment round led by Indian conglomerate Wadhawan Group, as it looks ahead to bank-build. Zopa, the UK’s original peer-to-peer lending platform, has clinched £32m in its first investment round since early 2014, when it raised £15m from Arrowgrass Capital Partners. The money will be used to help build-out the […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer . Venture Capital
DETAIL
Jun
02

Almost 40% of Growth Street investors are millennials

Growth Street has revealed that 37.4% of its investors are under the age of 35. The figures go against the views of those who have claimed millennials do not think about saving and investment. Growth Street felt simple digital interfaces and investment products offered by alternative lenders were aimed at giving younger people greater investment […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer
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May
31

Banco BNI Europa makes €10M investment in Portuguese peer-to-peer platform Raize

Banco BNI Europa has signed a strategic agreement with Portugal’s largest peer-to-peer lender RAIZE to boost lending to SMEs in the country. The online challenger bank is looking to invest €10 million over a two year period. The Portuguese economy has experienced strong GDP growth of 2.8% in the 1st quarter of 2017 and in […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer . Venture Capital
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May
31

Online lender RateSetter valued at over £200 million as it raises £13 million to launch new ISAs

RateSetter, one of the UK’s three biggest peer-to-peer lenders, said on Tuesday it has raised £13 million in equity funding from its existing shareholders. City fund managers Woodford Investment Management and Artemis were both existing investors and took part in the funding round. The funding will be put towards launching its new “Innovative Finance ISA,” […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer . Venture Capital
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May
24

EstateGuru says more than €1 Million in interest paid to Real Estate investors

Peer to peer property lender EstateGuru has shared that investors on its platform have now earned in excess of €1 million. The Estonia-based company said that nearly 6900 investors from 39 different countries have earned, on average, 12.63% since platform launch in 2014. EstateGuru also reports there has been no loss of capital on the […]

By Reposted by International FinTech | FinTech . Investing . Peer-to-Peer
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