Funding Empire Latest News

Watchdog fears it is scaring off City innovators

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: Source: City AM

Increasing demand for peer-to-peer lenders by frustrated consumers

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: Source: Herald Scotland

Peer-to-peer lending: The wisdom of crowds

Online loan services have expanded as an alternative to banks

Date: Source: FT

The rise of peer-to-peer lending in the UK

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: Source: Growth Business

Stricter regulations for China's unchecked P2P lending

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: Source: Want China Times

Union Bank joins forces with P2P loan platform Lending Club

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: Source: Finextra

Dozens of P2P lenders will hand out $1 trillion in 2025, VC predicts

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: Source: Venture Beat