[Update 12/1/2015 5:38 PM ET: We learned that JPMorgan is partnering with small business lender OnDeck. You can read...
AltFi takes an in-depth look at the oldest P2P lender Zopa and how they are positioning themselves for the future; recent partnerships with the Saffron Building Society and the coming PSD2 regulatory changes are key ingredients to the company’s future; Zopa also has plans to introduce a number of new products when it launches their bank in 2018. Source
Last month, PicPay launched peer-to-peer lending for companies, a major innovation in a bid to enhance the product suite.
Zopa's Chief Product Office Andrew Lawson told investors last week they launched a new credit risk scorecard; the scorecard is meant to better help the platform assess borrowers and what is behind their approval/denial; Zopa has seen higher than expected losses and has also cut down on lending to higher risk customers; Lawson explained how the new model will use traditional credit methodology mixed with data science. Source.
Every month P2P-Banking shares the loan volumes of the top international p2p lending companies; In January Mintos led originations with...
Indonesia’s p2p lending market has had a number of issues including very high interest rates, fraud, aggressive debt collection and...
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[Editor’s note: This is a guest post from Ian Gurney, founder of the P2P money website. P2Pmoney.co.uk is a media partner...
P2P lender Renrendai believes they are well positioned to survive and eventually thrive after the regulatory crackdown in China ends; the...
China’s regulators have imposed extra cost and forced some emerging p2p lenders out of business as they look to eliminate problematic and fraudulent companies; Sara Hsu of Forbes sat down with Yihan Fang of Yirendai, and with Johnson Zhang of Hexindai at LendIt Fintech USA 2018 to discuss the current states of p2p lending in China. Source.
Challenger bank Masthaven receives £60m investment Postal Banking Is Back — On Democratic Party Platforms — But Is It Viable?...