Peer-to-peer

Canadian P2P Lending Loop open for business

Canadian P2P Lending Loop open for business

Toronto-based Lending Loop, a platform connecting small businesses in need of financing with Canadian investors,  is open for business after completing its registration with the Ontario Securities Commission and additional regulators. It is available in every Canadian province except Quebec. ...

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Friendsurance completes $15.3M round

Friendsurance completes $15.3M round

German fintech Friendsurance has completed a successful $15.3 million funding round led by returning investor Horizons Ventures, the private investment firm for Li Ka-Shing. Friendsurance is a novel concept combining elements of peer-to-peer and money pools in an insurance concept ...

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TransferWise opens initial American office

TransferWise opens initial American office

International money transfer platform TransferWise has opened their first U.S. office in Tampa, Fla. Based on peer-to-peer technology, TransferWise saves customers money on international transfer fees because they pair people sending money out of a given country with those receiving ...

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Landbay names Julian Cork COO

Landbay names Julian Cork COO

U.K. real estate P2P Landbay has named financial industry veteran Julian Cork as Chief Operating Officer. After graduating from the University of Durham with a degree in computer Science and Psychology, Mr. Cork began a 15-year career at J.P. Morgan. ...

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Peer-to-peer lending

Peer-to-peer lending

Peer-to-peer lending, or P2P, is the process of one entity lending money to another without a bank or other traditional lending institution being involved. Peer-to-peer lending, or online marketplaces for consumer credit as they are more commonly called today, provide ...

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