INVENTORS creating new finance technology will be welcomed into the?City watchdog to find out how regulations can be made to work for them, Financial Conduct Authority (FCA) chief executive Martin Wheatley said yesterday.
Date: Friday, May 30, 2014 Source: City AMRead More
Frustrated savers are looking to social or peer-to-peer (P2P) lending platforms for higher rates of interest than those offered by banks - but they want reassurance over the risks, according to a survey this week.
Date: Thursday, May 22, 2014 Source: Herald ScotlandRead More
Online loan services have expanded as an alternative to banks
Date: Thursday, May 22, 2014 Source: FTRead More
The peer-to-peer (P2P) lending model is all about connecting. It connects savers with those who want to borrow funds. One of the few silver linings to emerge from the credit crunch, P2P lending allows individuals and organisations to bypass banks in order to lend and borrow directly with each other.
Date: Thursday, May 8, 2014 Source: Growth BusinessRead More
China's P2P (peer-to-peer) lending has been hit with some strict regulations to clean up the business after a string of frauds and defaults.
Date: Tuesday, May 6, 2014 Source: Want China TimesRead More
California's Union Bank has become the latest commercial bank to join forces with an online peer-to-peer loan approval site by entering a strategic alliance with Lending Club.
Date: Tuesday, May 6, 2014 Source: FinextraRead More
Peer-to-peer lending is on the rise. Just today, for example, two P2P lending companies — Prosper and Kabbage — announced a combined $120 million in funding.
Date: Tuesday, May 6, 2014 Source: Venture BeatRead More