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.

P2P Chinese Lender Dianrong Seeks $100M Amid Regulations

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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Chinese P2P Lender Blames Gov’t For Growth Decline
Chinese P2P Lender Blames Gov’t For Growth Decline
March 19, 2019  |  Loans

Shanghai-based Dianrong, one of China’s largest peer-to-peer (P2P) lenders, is blaming the government for its recent problems, which includes shutting down 60 of its 90...

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How PSD2 Will Change Lending
How PSD2 Will Change Lending
March 07, 2019  |  Legal & Regulation

Merchants and customers are now transacting under PSD2 and GDPR in the European Union (EU) — regulations that allow a greater window into how customer...

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Online Bank Tandem Mulls IPO
Online Bank Tandem Mulls IPO
January 17, 2019  |  IPO

Digital bank Tandem has revealed plans to go public within the next five years. The U.K. bank said an initial public offering (IPO) would “make...

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Five At Five: Amazon’s India Expansion
Five At Five: Amazon’s India Expansion
January 02, 2019  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest international plans from Amazon and...

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Tighter Reg Shrinks China’s P2P Lending Mkt By 50 Pct In 2018
Tighter Reg Shrinks China’s P2P Lending Mkt By 50 Pct In 2018
January 02, 2019  |  Legal & Regulation

The peer-to-peer (P2P) industry in China could see the number of players decline by as much as 70 percent in 2019, reported Bloomberg. Get the...

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Number Of Chinese P2P Lenders To Drop Dramatically
Number Of Chinese P2P Lenders To Drop Dramatically
October 16, 2018  |  Loans

The number of peer-to-peer lenders in China is projected to decline greatly to around 50 from more than 1,500 during the course of the next...

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LendingClub Settles With SEC, DOJ
LendingClub Settles With SEC, DOJ
October 01, 2018  |  Cybersecurity

On Friday (Sept. 30), LendingClub officially closed the door on a two-year chapter in its corporate history that its current board and founding team would...

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