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p2p/online lending
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Short term lending – A pink Slip

By the Economist
“WHAT rate of interest…can naturally be more proper than another?” asked Jeremy Bentham in “Defence of Usury” in 1787. Anything less than 36%, answer American activists who want to curtail payday lending—pricey, short-term credit typically used as an advance on a pay cheque. (more…)

Fintech news, Global trends, Hotnews, InspirAsia, p2p-payments, p2p/online lending

May 30, 2016

861

China online lending crackdown shutters Guangdong P2P site

By Reuters 

A large Chinese online lending platform accused of illegal operations has suspended operations, one of hundreds that have been shut this year by the government, as China cleans up a sector ridden with stories of Ponzi schemes. (more…)

China, InspirAsia, p2p-payments, p2p/online lending

May 27, 2016

China online lending crackdown shutters Guangdong P2P site

By Reuters

A large Chinese online lending platform accused of illegal operations has suspended operations, one of hundreds that have been shut this year by the government, as China cleans up a sector ridden with stories of Ponzi schemes. (more…)

China, Deals, Government activities, InspirAsia, p2p-payments, p2p/online lending

May 26, 2016

1079

The mercurial nature of P2P lending

By Mike Lobanov for Techcrunch

The meteoric rise of e-lending platforms attracted a lot of interest among investors and entrepreneurs. Lending Club and OnDeck have already become public companies, and their competitors, such as Funding Circle, SoFi, Prosper, RateSetterZopa, Avant, Kabbage and others continue to develop and increase their loan portfolios. (more…)

Analytics, Fintech news, Global trends, Hotnews, p2p-payments, p2p/online lending

May 23, 2016

Three FinTech Developments That Benefit Borrowers

By Rohit Arora for Forbes

FinTech firms disrupted the small business credit marketplace by developing technology that streamlined the lending process and sped up the loan-making process to 21st century standards. (more…)

Global trends, Mobile payments/banking, p2p-payments, p2p/online lending

May 23, 2016

805

How will marketplace lending become a mainstream investment asset class?

By Min Zhang for Techcrunch.com

A friend who recently started his own business couldn’t obtain a mortgage from three banks. I suggested he try marketplace lending platforms like SoFi to take advantage of the ongoing innovation in fintech. However, SoFi turned him down, as well, because it abides by the same underwriting rules as traditional banks. Like the banks, SoFi sells their mortgage loans to Fannie Mae. (more…)

Cashless, Fintech news, InspirAsia, p2p/online lending

May 23, 2016

Financing your business – should you use P2P lending services or bank loans?

By Yong Heong Tung for e27.com

Advancements in the fintech space have opened up new avenues for businesses seeking to raise funding outside of traditional routes (more…)

InspirAsia, p2p-payments, p2p/online lending

May 23, 2016

584

Fintech Needs to Expand the Club

By Michael Regan for Bloomberg

The Treasury Department’s white paper on marketplace lenders like LendingClub and On Deck Capital was called a “‘welcome to the real world’ moment” by analyst Ian Katz at Capital Alpha.
(more…)

Fintech news, Global trends, p2p/online lending

May 11, 2016

898

The CEO of fintech company Lending Club is stepping down, and now the stock is crashing

By Myles Udland for Business Insider

Lending Club CEO Renaud Laplanche is stepping down from his position with the company after an internal review. (more…)

Fintech news, Hotnews, p2p/online lending

May 9, 2016

1054

Fintech Flip-Flop

By Nisha Gopalan for Bloomberg Business

Few words fill banks with more dread these days than fintech, the growing bevy of unregulated upstarts mucking about in their business patch. (more…)

Deals, Government activities, Hotnews, p2p-payments, p2p/online lending

May 6, 2016

1074

Lending Startups Hone Their Focus

By Telis Demos for WSJ Venture Capital

Silicon Valley once threw money at startups that aimed to disrupt broad swaths of finance. Now it is rewarding those that have sharpened their focus. (more…)

Analytics, Fintech news, Global trends, Government activities, p2p-payments, p2p/online lending

April 27, 2016

1265

Venture-Capital Firms Dial Back on Fintech; Funding to Online Lenders Plunges

By Yulia Chernova for WSJ Venture Capital

Financial technology startups, which are highly susceptible to broader economic turbulence, have hit a downdraft in venture capital funding. (more…)

Fintech news, Global trends, p2p/online lending

April 26, 2016

885

The Big Flaw Few are Talking About in Fintech

By  for Fortune

Their business model may need to be changed. (more…)

Banks, Fintech news, Global trends, p2p-payments, p2p/online lending

April 20, 2016

1448

Peer-to-peer lending: Making a mark in the fintech market

By  for Financial express

A lack of market depth could derail the P2P model (more…)

Cashless, Fintech news, Global trends, p2p/online lending

April 19, 2016

1170

Making sense of the lending industry’s rapid changes

By Mike Lobanov for Techcrunch

“A horse is here to stay, but the automobile is only a novelty — a fad.” (more…)

Analytics, Fintech news, Global trends, p2p/online lending

April 18, 2016

820

Fintech Lenders Dial Back Marketing in Response to Softer Investor Demand

By PETER RUDEGEAIR and TELIS DEMOS for Wall Street Journal

Online lenders are scaling back efforts to attract new borrowers, as these upstarts contend with pressures from quality control to regulation that could dent their revenue growth.

(more…)

Global trends, p2p/online lending

April 11, 2016

1023

Debt market opens to P2P loans

By Sara Toth Stub for Tradestreaming

Last week British investor Fintex Capital issued the first Euro-denominated bond backed by marketplace loans. Like traditional bonds, it can trade through Euroclear and carries an International Securities Identification Number, but it is backed by a bundle of unsecured online loans to consumers, part of a rising phenomenon known as peer-to-peer, or marketplace lending. (more…)

Fintech news, Global trends, p2p-payments, p2p/online lending

April 1, 2016

2235

Online Lending

For centuries, banking has remained fundamentally unchanged. For the first time in banking, the online marketplace makes it possible for a third party to match idle supply and demand. As a result, lenders and borrowers can now find one another and agree to terms – all without the involvement of retail banks or credit card companies. 

Read our full research “Money of the Future”. Download PDF (20MB)
(more…)

Cashless, Fintech news, Global trends, Hotnews, p2p/online lending

March 24, 2016

6722

P2P – Lending

The P2P business model is starkly different from that of traditional banks and the opportunities posed by P2P lending may have significant impact on financial institutions.

Read our full research “Money of the Future”. Download PDF (20MB)
(more…)

Cashless, Fintech news, Global trends, Hotnews, InspirAsia, p2p/online lending

March 23, 2016

1285

How China is pioneering alternative finance and P2P lending

By Hariett Green for City AM,

The Asia-Pacific alternative finance market grew 323 per cent last year, to $102.8bn. China was responsible for 99 per cent of that, with four-fold growth to $101.7bn in 2015. (more…)

Banks, Cashless, China, Fintech news, Global trends, p2p-payments, p2p/online lending

March 18, 2016

2056

Online Loans for Students

Pioneering new opportunities in the online student lending industry

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Fintech news, Global trends, Hotnews, p2p/online lending

March 16, 2016

1345

China’s P2P Property Lending Growth Six Times Faster Than Banks

By Alfred Liu for the Bloomberg Business,

Peer-to-peer lending for property in China grew more than six times faster than loans extended through banks last year as borrowers took advantage of a less-regulated financing market to take part in the nation’s real estate boom. (more…)

Banks, Cashless, China, Fintech news, InspirAsia, p2p/online lending

March 16, 2016

1891

A New Kind of Lender: Borrowing From PayPal and Square

By Riena Lisonsky for Fundera Ledger,

When you’re a small business owner seeking capital, being able to get financing from a source you know and trust is a big plus. Two popular payment-processing services that many small business owners rely on now offer small business loans, too. Here’s a closer look at business loans from PayPal Working Capital and Square Capital. (more…)

Cashless, Fintech news, p2p/online lending

March 9, 2016

1173

LendingClub and the limits of FinTech disruption

By Aaron Back for wsj.com

LendingClub’s new arrangement with its partner bank is a reminder that FinTech can’t disrupt everything. (more…)

Banks, Deals, Fintech news, p2p-payments, p2p/online lending

February 29, 2016

1081

Kreditech: A credit check by social media

By Jeevan Vasagar for Ft.com

The analysis begins with the first keyboard strokes of a borrower seeking a loan on Kreditech’s site, gathering clues about personality and identity — such as whether someone types in their name or pastes it in. (more…)

Analytics, Fintech news, p2p/online lending

February 24, 2016

779

Deals: HNA Capital Leads $46M Series A Round In P2P Lender Weijinsuo

Beijing-based P2P (peer-to-peer) lending start-up Weijinsuo has completed a RMB300 million (US$46 million) series A round of financing led by HNA Capital Group Co., Ltd., the financial services arm of Chinese conglomerate HNA Group, according to an announcement (in Chinese). (more…)

China, Deals, Fintech news, p2p-payments, p2p/online lending

February 24, 2016

743

Loanzen goes where banks fear to tread, helps startups with short-term loans

By Malavika Velayanikal for techinasia.com

One of the pain points for startups in India is lack of access to credit. The usual collateral and other requirements of banks are beyond their means. Banks are also more attuned to financing traditional businesses, not the asset-light, fast-growing internet businesses of today. (more…)

China, Fintech news, InspirAsia, p2p/online lending

February 24, 2016

663

Deals: Latvia’s Mintos scores €2M investment for P2P loans marketplace

By Steve O’Hear for Techcrunch.com

Latvia’s , a fintech startup that operates a p2p loans marketplace to let investors invest in various loans from a growing number of loan originators, has raised €2 million in seed funding. Backing comes from Riga-based VC Skillion Ventures. (more…)

Cashless, Deals, Fintech news, p2p/online lending, SME

February 23, 2016

1959

India’s online financial marketplace BankBazaar expands into Singapore

By Sainul Abudheen K for e27.com

It is also looking at other growth markets in Asia, including Malaysia, the Philippines and the UAE (more…)

Banks, Fintech news, India, Malaysia, p2p/online lending, Philippines, Singapore

February 23, 2016

1189

The State Of P2P Lending

by  for techcrunch.com

Peer-to-peer (P2P) lending became one of the hottest industries in fintech — or any other any industry — in 2015. Companies raised large venture rounds, investors found unicorns and there were even a couple of IPOs. (more…)

Cashless, Fintech news, p2p-payments, p2p/online lending

February 22, 2016