peer-to-peer lending – Fusion Nepal

alibaba Asia finance Kakao p2p PayPal peer to peer peer-to-peer lending peoplefund Seoul sequoia china South Korea TC

Korean lending startup PeopleFund raises $11M led by chat app Kakao’s payment unit

sudshr47 November 2, 2018

South Korean peer-to-peer lending startup PeopleFund is in the money itself after it raised an $11 million Series B funding round that was led by Kakao Pay, the fintech division of Kakao, Korea’s top messaging firm. The deal comes as the country’s P2P marketplace continues to grow with a competitive field of players. A newer arrival […]

Blockchain Bloom Credit finance lendingclub online lending online marketplace peer-to-peer lending Prosper renaud laplanche TC

Understanding Renaud Laplanche’s next Upgraded act

sudshr47 September 22, 2018 Startups

Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels for consumer credit began in 1996 when Chris Larsen started E-LOAN, which ultimately led to Prosper Marketplace. But LendingClub, which Laplanche founded in 2007, was and remains the poster child for the business of marketplace […]

Bank buenos aires chief technology officer Chile Colombia Contractor economy finance latin america Lima loans money peer-to-peer lending Rebel TC Venture Capital

Lending startup Portal Finance nabs $200 million for small business loans in Latin America

sudshr47 September 3, 2018

Latin American small businesses just got a big boost with a new commitment for a $200 million lending joint venture between the Bogota-based startup Portal Finance and Latin America’s largest financial services institution, BTG Pactual. For Portal Finance, the deal with BTG caps a meteoric rise, which has seen the company raise $1.5 million at […]

Anders Holch Povlsen Europe finance Funding Circle Fundings & Exits IPO London Stock Exchange Neil Rimer peer-to-peer lending small business United Kingdom

Funding Circle, a P2P SME lending platform, steps towards an IPO

sudshr47 September 3, 2018

UK founded startup Funding Circle, a p2p lending platform which focuses on the underserved small business market, has announced a “potential intention” to float on the London Stock Exchange. In a press release today, announcing the publication of a Registration Document for a possible future IPO, Funding Circle says that should it proceed with floating on […]

Asia Bank Banking China credit economy finance Hangzhou internet penetration loans money online lending p2p peer to peer peer-to-peer lending Shanghai social networks TC United Kingdom

The dramatic rise and fall of online P2P lending in China

sudshr47 August 2, 2018

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. When Emily Zhang was interning with a peer-to-peer (P2P) lending firm in the Summer of 2016, her main task was to carry out research on other P2P lending firms. She found the rates of return tempting and some underlying […]

finance funding societies Fundings & Exits peer-to-peer lending Singapore SMEs TC

Funding Societies, a Southeast Asian lending platform, gets $25M Series B led by Softbank Ventures Korea

sudshr47 April 18, 2018 Startups

Funding Societies, a peer-to-peer lending platform in Southeast Asia, said today that it has raised a $25 million Series B led by Softbank Ventures Korea, the Japanese tech conglomerate’s early-stage venture capital unit. The round included returning investors Sequoia India, which led the Singapore-based startup’s Series A two years ago, Golden Gate Ventures and Alpha […]