P2P lending network i-Lend partners with Singapore-based Lenddo for credit scores

P2P lending network i-Lend partners with Singapore-based Lenddo for credit scores
HYDERABAD: Peer-to-peer lending marketplace i-Lend has partnered with credit risk assessment and verification company Lenddo which uses social and non-traditional data for credit scoring. Singapore-based Lenddo is backed by AT Capital, Omidyar …
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Sweet spot between bubbles
A recent research report by Bank of America-Merrill Lynch warns us that a credit crunch could be triggered by the rising defaults in shadow-banking products defined as non-bank-loan debt instruments that include bonds, trusts and credit products …
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Getting a business loan in two hours
In Singapore, there are at least five P2P crowdlending sites launched within the past year. Last year, three of them – Moolah- Sense, Capital Match and Funding Societies – raised more than $ 10 million for small and medium sized enterprises (SMEs).
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Bullion Secured P2P Lender Now Facilitating S$ 1 Million a Month in Loans
Silver Bullion P2P loans Singapore-based Silver Bullion has announced it is now facilitating S$ 1 million per month in bullion secured peer to peer loans. Founded in 2009, Silver Bullion just started offering direct lending in August of 2015. The …
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Singapore: Bullion-secured P2P lending platform Silver Bullion issues .5m
Singapore-based financial services firm Silver Bullion Pte. Ltd. has seen its bullion-secured peer-to-peer (P2P) lending programme, launched in August 2015, disburse over S$ 5 million ($ 3.51 million) worth of loans, or more than S$ 1 million ($ 702,000) a …
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Be cautious about P2P lending

Open P2P Design Workshop, Singapore KICX1642
p2p Singapore

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Be cautious about P2P lending
As with equity crowdfunding, I suggest that would-be P2P investors go in with their eyes open and see themselves as pioneering contributors to an ecosystem in Singapore that empowers innovators and entrepreneurs to become the next Sim Wong Hoo, Jack …
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'Why I invested in China's giant Ponzi scheme'
The 60-year-old investor, who asked that CNBC not use her full name, had been reluctant at first to put money into the fast-growing, Anhui-based peer-to-peer (P2P) lender. "I had doubts at the … Ding Ning, 34, president of Yucheng and the founder of …
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Calling small business owners! Modalku might just be the startup you're
The inspiration to start a P2P lending platform grew when both founders were studying at Harvard University, where they first learned about how crowdlending impacts societies in the US, China, and Singapore. “It is certainly a different market with …
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Don't Bury the Books on Lufax
The lurid revelations surrounding Ezubao didn't do much for the image of the P2P sector. Ding Ning, its 34-year-old founder, used the company's capital to buy a 12 million yuan ($ 1.8 million) pink diamond ring and a 130 million yuan villa in Singapore, …
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And in the Rest of the World…
On Monday, it was reported that Chinese police arrested 21 people in an ongoing investigation into P2P site Ezubo and parent company, Yucheng International Holdings Group. Described as a classic Ponzi scheme, Ezubo connected lenders and borrowers, …
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Report: 270 P2P Lending Companies Failed in China Last Year

Report: 270 P2P Lending Companies Failed in China Last Year
Chinese Peer to Peer Lending China's internet finance industry continues to grow dramatically, but this rapid growth has been paired with a high number of dodgy p2p platforms and failures. According to a report published in QZ, research completed by …
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CrowdReviews.com Starting to Rank Store Locator Software Providers
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our …
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EU Parliament Avoids Disaster
The EU defines specialized services as “services which are not internet access services” and the FCC defines the services somewhat more loosely as “not used to reach large parts of the Internet” and subjects then to two other restrictions. Despite …
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Venmo Enters Mobile P2P Lending Space

Venmo Enters Mobile P2P Lending Space
P2P lending has been marked in recent months by startups that have a crowdfunding bent, such as WeFinance. There are other P2P platforms that have launched in China and beyond. PayPal recently debuted a feature that lets users request money or …
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Dwolla Credit Expands Payments Reach
And now, with its new feature, it's jumped further into the P2P payments space by allowing users to leverage that credit to pay friends and family. Here's how the new feature works, according to Dwolla: Simply type in an email address, phone number, …
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Brief: Hangzhou-based P2P Lending Platform Weidai Nabs US$24M in Series B, Led

Brief: Hangzhou-based P2P Lending Platform Weidai Nabs USM in Series B, Led
weidei With the financial support of Shenzhen-listed Hakim Co., Ltd, a Hangzhou-based smart building and smart city services provider, during both its Series A and Series B funding rounds, the Hangzhou-based P2P lending platform Weidai has completed …
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Lancom unveils new Lancom OAP-800 series
This range of access points is suited for professional Wi-Fi applications including modern outdoor hotspots, professional WLAN coverage of open spaces, establishing WLAN point-to-point links (P2P) for broadband provision or for taking connectivity to …
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Indian P2P money transfer app Chillr raises USM from Sequoia
Once the app is downloaded, one needs to verify the mobile number and choose the preferred bank account he/she wishes to link with Chillr. For HDFC Bank customers, the account number linked to the mobile number is automatically fetched from the …
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Small-Business Loans Through Peer-to-Peer Lending
Those third-party investors can invest in the loans on online P2P marketplaces, and they take on the investment risk, not the P2P lenders. As a borrower, you'll only interact with the P2P lender. After investors agree to fund the loan, the P2P lender …
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Peer-to-peer lending: Banking 2.0
Nestled among the thousands of individual lenders on the books of the major P2P lending platforms are a growing number of familiar names – names of very large institutional players. According to industry estimates, such lenders now account for 80% of …
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What does the future hold for Peer to Peer Lending?

What does the future hold for Peer to Peer Lending?
Venture capitalists have taken note and are further fuelling the growth of not only alternative finance but Fintech (financial services transformed by technology) in general. In 2014, global investment by venture capitalists in Fintech grew by 201% to …
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New Cross Border P2P Lending Platform Launches
CrossLend was founded in 2014 by Oliver Schimek, Marie Louise Seelig and Daniel Schlotter. CrossLend is an unsecured consumer lending platform, which will from the outset be open to investors from Germany, Spain and the UK. We must assume that the …
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Harmoney Provides Update as Two New P2P Platforms Enter NZ Market
It is inevitable that financial transactions migrate online. While individuals have relationships with local banks, things do change. Today young individuals are far more comfortable with technology and less inclined to queue up in front of a loan officer.
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Crowd Business: More Innovation, Less Risk
… business plans and prototypes. It's also here that we develop our crowd-based platforms' technology. … She has covered crowdfunding and P2P lending since the early days when Zopa was created in the United Kingdom. She was a director of research …
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Singapore's Capital Match raises $710K to enable small business lending

Singapore's Capital Match raises 0K to enable small business lending
Singapore-based Capital Match has raised S$ 1 million (US$ 710,000) in a series A funding round, the P2P lending startup announced today. The round was led by international investment firm Innosight Ventures. Previous investors Crystal Horse Investments …
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Friday business roundup: Google updates logo, PayPal launches p2p service
Cloud-based retail analytics provider Capillary reeled in a $ 45 million Series C round led by Warburg Pincus. The company, based in Singapore, also acquired Ruaha Labs and e-commerce platform MartJack. Barcelona based mobile classifieds app Letgo …
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Coinbase establishes Singapore operations
Unlike conventional fiat currencies, Bitcoin is digital commodity money traded on a peer-to-peer (P2P) network independent of centralised control. Bitcoin is not backed by a government or central bank, with its value floating freely and subject to much …
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Singapore P2P Lender Capital Match Launches: Targets SMEs
capital match The Singapore-based peer-to-peer (P2P) lending platform Capital Match which targets Singapore SMEs obtain loans financed by individual investors has launched. The company stated that its are two-fold, to provide business borrowers with …
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In Germany, Awareness of P2P Lending Lags UK By Three Years, And Lags US By

In Germany, Awareness of P2P Lending Lags UK By Three Years, And Lags US By
In Germany, investment crowdfunding is doing well–both debt-based and equity-based crowdfunding jumped notably in Q1 2015 versus Q4 of 2014, according to numbers from the German Crowdfunding Network. What of the country's peer-to-peer lending?
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Friendsurance brings P2P concept to insurance
That got a group of people in Germany thinking. Was there a way to use the power of the crowd to create a better insurance product? The team at Friendsurance thinks so. Leveraging the power of the peer group, Friendsurance rewards small groups with a …
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Paypal Reveals P2P Payment Service
PayPal just launched a new peer-to-peer payment service called PayPal.me. It's your own personal URL for people to send you money. You can grab your personal link right now. While PayPal is still a leader in online and mobile payments, they have seen …
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The Daily Dig for Thursday, September 3
The CEO of a German P2P says Germany is behind the United Kingdom and even further behind the United States when it comes to knowledge of peer-to-peer lending. Watch the Bloomberg video here. P2P payments changing business lending landscape …
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PayPal Announces New Mobile Payment Platform; New Service Confusing Customers?
(Photo : Getty Images/Sean Gallup) KLEINMACHNOW – DECEMBER 17: A sign for Internet payment transaction portal PayPal stands outside the eBay Germany headquarters on December 17, 2009 in Kleinmachnow, Germany. The German service industry labour union …
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Zencap Gets Big Boost with €230 Million Investment from Victory Park Capital
The arrangement between VPC and Zencap will provide small and medium-sized enterprises (SMEs) with access to lending in Germany, Spain and the Netherlands, in amounts between €5,000 and €250,000. Zencap is described as the “fastest growing … Under …
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