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...
In further evidence of its journey to become a direct-to-consumer digital bank, LendingClub’s latest results showed significant growth in deposits, in loan originations, and in...
Zopa, the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial...
LendingClub on Tuesday (Feb. 18) posted results that showed continued growth in loan originations, up mid-single-digit percentages year over year – results that were possibly...
SoLo Funds announced it has added a Mastercard integration so users can link their debit accounts to the peer-to-peer (P2P) lending platform. The company noted...
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. The report,...
The P2P lending market is big business in the U.K. According to the U.K. Peer-to-Peer Finance Association (P2PFA), a self-regulating P2P industry group that includes...
The U.K. watchdog in charge of investor oversight proposed tough new regulations regarding peer-to-peer (P2P) lending platforms, in a bid to help consumers wade through...
Investors have been withdrawing funds from peer-to-peer lending platforms amid a wave of defaults across the industry in China. According to a report in the...