UK based p2p lending platform RateSetter has halved their interest rate payout to investors so they can add the savings...
Kaspersky Lab Sees Spike In Mobile Banking Cyberattacks Zero raises $20 million from NEA and others for a credit card...
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
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.
According to AltFi Starling Bank is using their deposits to fund consumer loans originated by p2p lending platform Zopa; while...
A recent report titled Three Myths About Peer-to-Peer Loans by the Federal Reserve of Cleveland makes some dubious claims about the marketplace lending sector; Lend Academy shares information from the report and questions the data provided. Source
Chinese p2p lending has been put in a stranglehold by the government in the last couple of years as they...
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[Editor’s note: This is a guest post from Prime Meridian Capital Management. Prime Meridian Capital Management is a Bronze Sponsor at LendIt USA...
[Editor’s note: This is a guest post from Edoardo Matarrese and Roberto Condulmar of P2P Lending Italia an Italian language site focused on...
[Update 12/1/2015 5:38 PM ET: We learned that JPMorgan is partnering with small business lender OnDeck. You can read...