P2P Lending

P2P lender FundingSecure has entered administration

FundingSecure, the peer-to-peer lending platform, has entered administration.

Riga-based lender Creamfinance lands €21m

Riga, Latvia-based consumer lending startup Creamfinance has raised €21m in new funding. The Series B round comes from Capitec Bank.

After a tough year for lending Prosper signs $5bn deal

After a tough year for the online lending market and a change of CEOs, peer-to-peer marketplace Prosper has secured a deal with a consortium of investors for up to $5bn worth of loans.

Zopa becomes first P2P lender to pass £2bn milestone

London-based peer-to-peer (P2P) lending company Zopa has become the first in the UK market to surpass £2bn in loans. It has facilitated 300,000 loans since launching 12 years ago.

Flender secures £500,000 on Seedrs

Social peer-to-peer (P2P) lending platform Flender has secured more than £500,000 in a equity crowdfunding campaign on Seedrs.

Funding Circle grabs $100m as its UK business hits profitability

Peer-to-peer (P2P) lending platform Funding Circle has raised $100m in a Series F round led by Accel Partners.

FinTech Collective seeks $100m for second fund

New York-based venture capital firm FinTech Collective aims to raise $100m for its second FinTech-dedicated fund.

iTouzi grabs $36m for peer-to-corporation lending

Beijing-based peer-to-peer business lender iTouzi has scored $36m in a Series B round of funding. The capital comes from Sino Fortune and individual investor is Sun Jiexiao.

Versara Lending picks up P2P platform Peerform

Peer-to-peer lending platform Peerform is being acquired by debt consolidation lender Versara Lending. The terms of the deal are undisclosed.

Prosper looks to new CEO amid tough year for P2P lenders

There’s change coming at the top of online lender Prosper Marketplace with CEO Aaron Vermut leaving the company at the end of the month.

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