Bing lending platform

Goldman eyes UK consumer banking market for savings account launch

Tue, 09/12/2017 - 01:48
This was followed up in November with the introduction of Marcus, an online lending platform designed to take on the likes of Lending Club and Prosper and provide consumers with an opportunity to consolidate their high-interest credit card debt.
Categories: P2P Lending

SoFi CEO Mike Cagney to step down

Tue, 09/12/2017 - 01:33
The news follows the lending platform launching its own investigation in anticipation of further sexual harrasment allegations. SoFi has today announced that its co-founder and CEO Mike Cagney plans to step down as the company's chief executive officer ...
Categories: P2P Lending

Leader of China's $9 billion Ezubao online scam gets life; 26 jailed

Mon, 09/11/2017 - 23:30
Ezubao, once China’s biggest P2P lending platform, folded last year after it turned out to be a Ponzi scheme that collected 59.8 billion yuan ($9.14 billion) from more than 900,000 investors through savvy marketing. By the time police made arrests in ...
Categories: P2P Lending

Ellie Mae Announces New SVP of Engineering

Mon, 09/11/2017 - 01:00
Shahane will be responsible for architecture and all horizontal technologies for Ellie Mae’s Encompass Lending Platform, including new investments in data, analytics, A.I., and machine learning. “I am delighted to be joining Ellie Mae at this time of ...
Categories: P2P Lending

Online Lending Platform EarlySalary Secures Rs 5 Crore Debt Financing Investment From IFMR Capital

Fri, 09/08/2017 - 07:51
India-based online lending platform EarlySalary has reportedly received Rs 5 Crore debt financing investment from IFMR Capital. Founded in 2015 by Ashish Goyal and Akshay Mehrotra, EarlySalary stated that it is building its mobile first platform, smart ...
Categories: P2P Lending

Finnish P2P Lending Platform Fellow Finance Debuts in Germany

Fri, 09/08/2017 - 04:50
Peer-to-peer lending platform Fellow Finance announced on Thursday it has officially made its debut in Germany, with the help from Wirecard Bank. According to the online lender, Wirecard Bank is supporting its entry into the country by placing the bank’s ...
Categories: P2P Lending

Sistema Asia Fund, Others Invest $10.9 Mn In SME Lending Platform Lendingkart

Wed, 09/06/2017 - 01:11
Ahmedabad-based SME lending platform Lendingkart Technologies has raised $10.9 Mn (INR 70 Cr) funding round, in the form of equity funds from Sistema Asia Fund, others. Existing investors Bertelsmann India Investment, Mayfield India, Saama Capital, India ...
Categories: P2P Lending

Marrying self organising teams and customer obsession – Interview with Andrew Lawson

Tue, 09/05/2017 - 22:04
Andrew Lawson is the Chief Product Officer at Zopa, the UK’s largest, and the world’s first peer to peer consumer lending platform. Andrew has spent his career in data driven, customer centric growth, initially at Capital One, before doing a direct ...
Categories: P2P Lending

Dinesh Shahane Joins Ellie Mae as Senior Vice President of Engineering

Tue, 09/05/2017 - 06:18
with responsibilities for architecture and all horizontal technologies for Ellie Mae’s Encompass Lending Platform™, including new investments in data, analytics, artificial intelligence, and machine learning. Shahane will play a key role in evangelism ...
Categories: P2P Lending

Assetz Capital's P2P lending platform gets FCA approval

Tue, 09/05/2017 - 02:19
Today, Assetz Capital, one of the UK’s largest Peer-to-Peer platforms, announced it has received full authorisation from the UK regulator, the Financial Conduct Authority (FCA). As the UK’s second largest peer-to-peer business and property lending ...
Categories: P2P Lending

Assetz Capital's P2P lending platform gets FCA approval

Tue, 09/05/2017 - 02:19
Today, Assetz Capital, one of the UK’s largest Peer-to-Peer platforms, announced it has received full authorisation from the UK regulator, the Financial Conduct Authority (FCA). As the UK’s second largest peer-to-peer business and property lending ...
Categories: P2P Lending

Datasigns Technology gets $1.5 million for its online lending platform Shubh Loans

Tue, 09/05/2017 - 00:12
BENGALURU: Datasigns Technologies, the operator of lending platform Shubh Loans, has secured $1.5 million in pre-series-A funding from SRI Capital, BeeNext and Pravega Ventures. The company plans to use the money to build its technology team and expand to ...
Categories: P2P Lending

Datasigns Technology gets $1.5 million for its online lending platform Shubh Loans

Tue, 09/05/2017 - 00:12
BENGALURU: Datasigns Technologies, the operator of lending platform Shubh Loans, has secured $1.5 million in pre-series-A funding from SRI Capital, BeeNext and Pravega Ventures. The company plans to use the money to build its technology team and expand to ...
Categories: P2P Lending

SoFi launches investigation into sexual harassment claims

Mon, 09/04/2017 - 08:03
Leading fintech lending platform launches its own investigation in anticipation of further allegations. On Friday, SoFi’s outspoken CEO Mike Cagney sent a note to employees entitled: “Litigation and our culture”. The message addresses the two ...
Categories: P2P Lending

New lending platform is heaven for bookworms

Fri, 09/01/2017 - 12:59
Young blood: Rani Soebijantoro (left), Thomas Djara (center) and Givari Rizky are founders of BookaBuku, an online platform for renting books. Founded in May 2017, Bookabuku has more than 1,400 registered books and more than 300 users.(JP/Bangkit Jaya ...
Categories: P2P Lending

SA lending platform Prodigy Finance chose London for ‘pro-business regulation’

Fri, 09/01/2017 - 03:42
Cape Town founder of multi-million dollar lending platform Prodigy Finance Cameron Stevens says the “pro-business” regulation of the UK’s Financial Conduct Authority was key in his decision 10 years ago to set up his platform in London 10 years ago.
Categories: P2P Lending

SA lending platform Prodigy Finance chose London for ‘pro-business regulation’

Fri, 09/01/2017 - 01:00
Cape Town founder of multi-million dollar lending platform Prodigy Finance Cameron Stevens says the “pro-business” regulation of the UK’s Financial Conduct Authority was key in his decision 10 years ago to set up his platform in London 10 years ago.
Categories: P2P Lending

SA lending platform Prodigy Finance chose London for ‘pro-business regulation’

Fri, 09/01/2017 - 01:00
Cape Town founder of multi-million dollar lending platform Prodigy Finance Cameron Stevens says the “pro-business” regulation of the UK’s Financial Conduct Authority was key in his decision 10 years ago to set up his platform in London 10 years ago.
Categories: P2P Lending

Meet Sophie — the AI assistant that wants to save you money

Thu, 08/31/2017 - 22:09
Taylor previously worked at SocietyOne, a marketplace lending platform he cofounded. While there, he realized how much of a problem financial literacy was in Australia and the US. That led him to launch Douugh last year. "I got quite excited about how ...
Categories: P2P Lending

Credibly to service Bizfi portfolio

Thu, 08/31/2017 - 17:32
SME lending platform Credibly announced today it is now servicing BizFi’s $250 million portfolio and 5,200 merchants. One of the country’s three largest merchant cash advance originators, Credibly had been providing funding to small businesses since 2005.
Categories: P2P Lending

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