P2P

Twino offers Kazakh consumer loans to investors

Latvian P2P TWINO announced today it is listing loans from its Kazakhstan originator, making Kazakhstan the sixth country listed on the platform. It is also the first time a European P2P has expanded to Central Asia, the company said. The ...

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Canadian platform closes funding round

Canadian online lender Grouplend closed its latest funding round this week, giving it a total raise to date of $10.2 million since its inception 10 months ago. Leading investors in the latest round include PlentyofFish CEO Markus Frind and Sutton ...

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Latvian platform takes extra steps to attract investors

It’s challenging enough to establish yourself in a disrupted industry as a start-up, but an even bigger challenge when your industry is taking baby steps in your region. Ieva Ozolińa-Bērzińa said that unlike platforms operating in Western Europe, Twino had ...

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Northern European P2P group announces hire

A Northern European P2P group has hired a new CEO. TrustBuddy announced Philip Mikal’s addition in a release Monday morning. According to Mr. Mikal’s Linkedin page, he has either founded or co-founded at least five companies in the finance and ...

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New Money360 Veep to work closely with investors

Commercial P2P real estate lending platform Money360, aims to increase their level of personal service to clients with the hiring of Laura Catalino as their Senior Vice President of Investor Relations. Ms. Catalino has two decades of experience in money ...

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Student finance platform acquires P2P education software firm

The growing P2P education finance market saw a new development following Overture Technologies‘ acquisition of AlumniFidelity earlier this month. Overture’s Student Loan Marketplace software is marketed to schools as a way to help student borrowers make informed choices. It allows ...

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The Daily Dig for Thursday, June 4

Brazilian bank offers microcredit and financial literacy training Many Brazilians with low incomes are unbanked, partially because the banks have nothing to offer them. The largest private bank is trying to change that, according to this article in the Guardian. ...

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The Daily Dig for Tuesday, May 26

He beat ’em now he’s joining ’em Patrick Carroll helped nail Bernie Madoff and dozens of insider traders. He is now working for Goldman Sachs. Patricia Hurtado reports. Canadian P2P’s look to bond investors After seeing firms like BlackRock making ...

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The Daily Dig for Tuesday, May 19

Today’s Daily Dig takes you around the world while also providing a couple of suggestions for your summer reading list.   Millennials to influence virtual wallet development The Motley Fool’s John Maxfield discusses cryptocurrencies, virtual wallets and other developments in ...

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The Daily Dig for Monday, May 18

Canadian provinces to allow equity crowdfunding Six Canadian provinces, including Quebec and British Columbia, will allow equity crowdfunding. Janet McFarland reports. Banks need to invest in fintech – Deloitte A Deloitte consultant says India and Indonesia are the perfect places ...

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