Peer-to-peer lending

Numerated Adds New Secured Lending Features to Its Digital Lending Platform for Banks & Credit Unions

Retrieved on: 
Wednesday, August 4, 2021
Professional Services, Data Management, Technology, Other Technology, Finance, Banking, Money, Finance, Economy, Loans, Bank, Collateral, Peer-to-peer lending

Numerated , the fast-growing fintech making business banking easy for financial institutions and their clients, has added new secured lending features to its digital lending platform to take the work out of business lending secured by specific collateral.

Key Points: 
  • Numerated , the fast-growing fintech making business banking easy for financial institutions and their clients, has added new secured lending features to its digital lending platform to take the work out of business lending secured by specific collateral.
  • The new capabilities add to Numerateds existing business lending solutions, providing banks and credit unions with a single digital lending platform for secured and unsecured loans and lines of credit.
  • Banks and credit unions use Numerated to make their business lending more efficient and to offer convenient digital channels to their clients.
  • Banks and credit unions use Numerateds digital lending platform to meet business expectations for digital convenience and to bring efficiency gains to their internal teams.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against SOS Limited and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, May 29, 2021
Legal, Professional services, Finance, Economy, Money, Financial technology, Cryptocurrency, Decentralization, Uberisation, Microcredit, Peer-to-peer lending, RateSetter

Investors have until June 1, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until June 1, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • When the Company went public in April 2017, it was known as China Rapid Finance Limited and claimed to focus on a peer-to-peer, micro-lending business.
  • The Company later changed its name to SOS Limited in July 2020 and sold its peer-to-peer, micro-lending business in August 2020, rebranding itself into an emergency services business.
  • In January 2021, the Company again shifted its business focus, this time to cryptocurrency mining.

United Kingdom Peer-to-Peer Lending Platforms Market Report 2021 Featuring Funding Circle, Zopa, & Retail Money Market - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 29, 2021
Banking, Professional services, Money, Finance, Economy, Financial technology, Collaborative finance, Credit, Social economy, Peer-to-peer, Peer-to-peer lending, Crowdfunding, Funding, Peer to peer investing

b'The "Peer-to-Peer Lending Platforms in the UK - Industry Market Research Report" report has been added to ResearchAndMarkets.com\'s offering.\nThis report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors.

Key Points: 
  • b'The "Peer-to-Peer Lending Platforms in the UK - Industry Market Research Report" report has been added to ResearchAndMarkets.com\'s offering.\nThis report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors.
  • Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.\nCompanies in this industry provide peer-to-peer lending, which occurs directly between individuals and organisations without the direct intermediation of a traditional financial institution.\nIn this industry, individuals and organisations pool their money to support the efforts of borrowers, while generating a rate of return for themselves.
  • Crowdfunding, where collective money supports others with financial donations and without planned repayment, is included in the industry.\n'

Talkdesk Launches New AI-infused Digital Lending Solution, Enabling a Better Way for Borrowers to Access Loans

Retrieved on: 
Tuesday, April 27, 2021
Technology, Mobile, Wireless, Finance, Telecommunications, Professional services, Software, Networks, Internet, Data management, Money, Finance, Economy, Loans, Credit, Peer-to-peer lending, Weemba

Talkdesk Digital Lending enables lenders to service the recent surge in loan volumes, while also meeting compliance and regulatory requirements.\nThe availability of Talkdesk Digital Lending comes at a time when lenders are facing a fractured borrower experience.

Key Points: 
  • Talkdesk Digital Lending enables lenders to service the recent surge in loan volumes, while also meeting compliance and regulatory requirements.\nThe availability of Talkdesk Digital Lending comes at a time when lenders are facing a fractured borrower experience.
  • Talkdesk Digital Lending raises the bar for the digital and human experience, while earning positive feedback from borrowers and improving lenders\' bottom line.
  • Find more details on LendIt Fintech USA 2021 .\nThe Talkdesk Digital Lending solution represents an expansion of the Talkdesk lending offering, which now helps lenders of any size in administering any type of loan.
  • In January, Talkdesk launched the Talkdesk Small Business Lending solution , enabling lenders to streamline the administration of loans via the U.S. government\xe2\x80\x99s Paycheck Protection Program, in order to support small business borrowers.

Borrow A Boat Launches in the US

Retrieved on: 
Tuesday, April 13, 2021
Money, Finance, Economy, Collaborative finance, Crowdfunding, Financial technology, Loans, Peer-to-peer lending, Social economy, Boat

Borrow A Boat offers boats as customers require, at competitive prices, with or without crew or a skipper, along with additional facilities such as hot tubs or jet skis.

Key Points: 
  • Borrow A Boat offers boats as customers require, at competitive prices, with or without crew or a skipper, along with additional facilities such as hot tubs or jet skis.
  • "\nThe US site has access to over 35,000 vessels, with more boats being added each week.
  • Thanks to peer-to-peer lending and the wide variety of boats available, customers can be reassured they are receiving the best selection at the most competitive prices.
  • "\nFor more information on Borrow A Boat US, visit www.borrowaboat.com/en-US .\nBorrow A Boat CEO, Matt Ovenden, is available for interview or comment upon request.\nFor further press information contact:\n'

PINTEC to Report Full Year 2020 Financial Results on April 14, 2021

Retrieved on: 
Friday, April 9, 2021
Finance, Money, Economy, Credit, Financial technology, Peer-to-peer, Social economy, SuperMoney, Peer-to-peer lending

PINTEC is a leading independent technology platform enabling financial services in China.

Key Points: 
  • PINTEC is a leading independent technology platform enabling financial services in China.
  • By connecting business and financial partners on its open platform, PINTEC enables them to provide financial services to end users efficiently and effectively.
  • The Company offers its partners a full suite of customized solutions, ranging from point-of-sale financing, personal installment loans and business installment loans, to wealth management and insurance products.
  • Leveraging its scalable and reliable technology infrastructure, PINTEC serves a wide range of industry verticals covering online travel, e-commerce, telecommunications, online education, SaaS platforms, financial technology, internet search, and online classifieds and listings, as well as various types of financial partners including banks, brokers, insurance companies, investment funds and trusts, consumer finance companies, peer-to-peer platforms and other similar institutions.

WSGF Plans To Release Vaycaychella P2P Alternative Real Estate Investment Fintech App Updates Later This Week

Retrieved on: 
Monday, April 5, 2021
Articles, Money, Finance, Financial technology, Financial services, Collaborative finance, Crowdfunding, Entrepreneurship, Alternative finance, Peer-to-peer, Peer-to-peer lending

Management confirmed plans to launch its peer to peer (P2P) alternative real estate investment fintech application before the originally planned June launch date.

Key Points: 
  • Management confirmed plans to launch its peer to peer (P2P) alternative real estate investment fintech application before the originally planned June launch date.
  • Management expects to launch the App no later than May and possibly by the end of April.
  • A name change reflecting the alternative real estate finance focus is underway.
  • The Vaycaychella App Version 2.0 will include cryptocurrency and crowdfunding features to expand alternative finance options available to entrepreneurs ("Rentrepreneurs").

SOS LIMITED ALERT: Bragar Eagel & Squire, P.C. Announces That a Class Action Lawsuit Has Been Filed Against SOS Limited and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, April 1, 2021
Legal, Professional services, Economy, Finance, Economic systems, Financial technology, Microcredit, Microfinance, Cryptocurrency, Social economy, Peer-to-peer lending, RateSetter

Investors have until June 1, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until June 1, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • When the Company went public in April 2017, it was known as China Rapid Finance Limited and claimed to focus on a peer-to-peer, micro-lending business.
  • The Company later changed its name to SOS Limited in July 2020 and sold its peer-to-peer, micro-lending business in August 2020, rebranding itself into an emergency services business.
  • In January 2021, the Company again shifted its business focus, this time to cryptocurrency mining.

Sovos to Provide Automated Tax Information Reporting for Celsius Network in 2020 Tax Season and Beyond

Retrieved on: 
Tuesday, March 30, 2021
Money, Finance, Economy, Taxation in the United States, Financial technology, Internal Revenue Service, Employee compensation in the United States, Tax information reporting, Peer-to-peer lending, Cryptocurrency, Form, Reporting

BOSTON, March 30, 2021 /PRNewswire-PRWeb/ --Global tax software leader Sovos today announced that cryptocurrency P2P lending platform Celsius has selected Sovos for its 1099 crypto tax information reporting needs.

Key Points: 
  • BOSTON, March 30, 2021 /PRNewswire-PRWeb/ --Global tax software leader Sovos today announced that cryptocurrency P2P lending platform Celsius has selected Sovos for its 1099 crypto tax information reporting needs.
  • U.S.-based investors, borrowers and lenders who traded on Celsius in 2020 will receive automated 1099 forms and filings in the upcoming tax season through the Sovos Tax Information Reporting solution .
  • "In tax season, crypto platforms need experienced partners to provide insight into IRS guidance and simplify an intimidating, complex process," said Paul Banker, general manager of Tax and Regulatory Reporting at Sovos.
  • Celsius joins other cryptocurrency exchange platforms such as Bitstamp , Paxos and BlockFi that also use Sovos for high-volume crypto tax reporting.

Outlook on the Lending and Payments Global Market to 2030 - Identify Growth Segments for Investment

Retrieved on: 
Tuesday, March 16, 2021
Money, Finance, Economy, Loans, Financial market, Credit, Mortgage-backed security, Social economy, Securities lending, Peer-to-peer lending

It places the market within the context of the wider lending and payments market, and compares it with other markets.

Key Points: 
  • It places the market within the context of the wider lending and payments market, and compares it with other markets.
  • It compares the lending and payments market with other segments of the financial services market by size and growth, historic and forecast.
  • The lending and payments market consists of sales of lending and payments services by entities (organizations, sole traders and partnerships) that are engaged in lending and payments related activities such as lending, payments and money transfer services.
  • Western Europe was the largest region in the global lending and payments market, accounting for 34% of the market in 2020.