China was once home to the largest p2p lending market in the world and now it faces extinction; a few...
The ratings agency has put out a warning on the performance of loans on US peer to peer lending platforms;...
The Reserve Bank of India will begin regulating p2p lending firms; the government of India released a notification on Wednesday; the platforms will be treated as non-banking financial companies (NBFCs); article shares the suggested regulatory framework from a paper released in 2016. Source
Last Friday Peter and I had the honor of joining the CreditEase team on the NYSE floor to ring the...
In an interview with Business Insider at LendIt Europe Zopa CEO Jaidev Janardana says even though new investors are on hold they are growing lending volumes by as much as 50 percent; the investor waiting list is over 15,000 and the current plan is to have them start investing by year end; the interview also touched on consumer credit and the overall economy in the UK. Source.
Peer2Peer Finance News shares a ‘where are they now?’ piece which includes the founders of Zopa, Funding Circle and RateSetter;...
The UK’s Financial Conduct Authority (FCA) has grown worried that ads of promised returns from p2p lenders in the UK...
There is big news out of LendingClub today for their tens of thousands of retail investors. They have given notice...
The Financial Times’ Lex column explains that the P2P market in the UK can learn a great deal from the 2016 experience in the US; as lenders continue growing and look to achieve scale they should be careful to not overdo it; while troubles have occurred in the UK they have not reached the same level and lenders need to be sure to preserve credit quality. Source.
Every month P2P-Banking shares the loan volumes of the top international p2p lending companies; In January Mintos led originations with...