P2P lending

P2P becomes a bigger part of peoples’ daily lives, the coming year will bring the challenges of earning more revenue from those services, and persuading a broader group of consumers to use these digital payment methods.

Report: FinTech CRED to Invest in P2P Lending Platform LiquiLoans 
Report: FinTech CRED to Invest in P2P Lending Platform LiquiLoans 
September 16, 2022  |  Fintech Investments

Credit card bill payment platform CRED is reportedly planning to invest $10 million in peer-to-peer (P2P) lending platform LiquiLoans. With the investment, CRED would acquire...

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Jordan-Based P2P Lending Platform Raises $18.5M
Jordan-Based P2P Lending Platform Raises $18.5M
September 12, 2022  |  Marketplace Lending Platform

The Jordanian FinTech liwwa has closed an $18.5 million pre-Series B round of equity and debt funding, Wamda reported today. The round included $4.5 million...

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Indonesian FinTech Amartha Eyes Bank Purchase
Indonesian FinTech Amartha Eyes Bank Purchase
March 28, 2022  |  Acquisitions

Indonesian peer-to-peer lender Amartha is in talks to acquire 70% of local bank PT Bank Victoria Syariah, according to a DealStreetAsia report Monday (March 28)....

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UK’s Metro Bank To Buy P2P Lender RateSetter In Potential $15.6M Deal
UK’s Metro Bank To Buy P2P Lender RateSetter In Potential $15.6M Deal
August 03, 2020  |  Acquiring

London-based Metro Bank has struck a deal to buy peer-to-peer lender RateSetter for £2.5 million ($3.27 million) upfront. Metro will make additional payments to shareholders if...

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Chief Of Fincera P2P Platform Arrested For Illicit Receipt Of Funds
Chief Of Fincera P2P Platform Arrested For Illicit Receipt Of Funds
December 13, 2019  |  Security & Fraud

The CEO of lending platform Fincera, Li Yonghui, was arrested on Friday (Dec. 13) in China on suspicion of financial crimes, according to a report...

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Marketplace Lenders Navigate The Choppy Waters Of Compliance
Marketplace Lenders Navigate The Choppy Waters Of Compliance
September 25, 2019  |  B2B Payments

Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model. An explosion of FinTechs looking to...

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P2P Lenders Look To New Regs To Purge Competitors
P2P Lenders Look To New Regs To Purge Competitors
June 10, 2019  |  Loans

The U.K.’s peer-to-peer (P2P) lenders are hoping that tighter regulations by the Financial Conduct Authority (FCA) can help restore the sector’s damaged reputation. Despite lending...

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UK Tightens Rules On P2P Lenders
UK Tightens Rules On P2P Lenders
June 04, 2019  |  Regulation

Crowdfunding platforms, or peer-to-peer (P2P) lenders, are going to face tougher regulations in the U.K. through the Financial Conduct Authority (FCA), according to a report...

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P2P Chinese Lender Dianrong Seeks $100M Amid Regulations
P2P Chinese Lender Dianrong Seeks $100M Amid Regulations
April 17, 2019  |  Investments

Chinese peer-to-peer (P2P) lender Dianrong wants to raise $100 million in an attempt to outlast a regulatory squeeze on the industry in the country, according...

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