P2P LENDING News and Discussions

To discuss and understand P2P lending and the various websites in that space and try and understand what makes a P2P site work

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P2P LENDING News and Discussions
  • Scisors22
    Helloo everyone!
    Just made the account here. I am looking for a loan of 9000$, wanting to consolidate my debt into one loan. I can pay that off in 3-4 years. Work 24$/hour CAD as a heavy equipment technician full time. I can easily pay that off in a shorter time but If the investor wants to make some money then I can take the time that's needed for him/her to make some money too. This loan may very well save me financially and let me catch my second wind. If yes then i cant thank enough!!
    35 days ago
  • Reinvest24
    Reinvest24 added a new video
    Dear community,

    2020 was a very interesting and challenging year for a lot of businesses. But we do love to say that each challenge has an opportunity for growth. In this video, our CEO Tanel Orro would like to make a recap on what happened in 2020 at Reinvest24, what we achieved and to share some of our plans for the year of 2021.

    Also, Thank You for Your continued support, trust in us and we look forward to being Your reliable, long-term investment partner also in 2021.

    Reinvest24 team
    Reinvest24 2020 video overview 00:00
    Reinvest24 2020 video overview 2020 was a very interesting and challenging year for a lot of businesses. But we do love to say that each challenge has an opportunity for growth. In ...
    338 days ago
  • armandocela506@gmail.com
    hello,
    i am armando cela from albania. i am looking for a peer to peer lending company who wants to expand in countries like albania. i will help with anything needed towards a clients commission. feel free to contact me on my email armandocela506@gmail.com
    502 days ago
  • canythould43
    This week Estonian police started a criminal investigation regarding the crowdfunding platform Envestio. The case is being investigated as investment
    676 days ago
  • canythould43
    European investors have raised the alarm on Estonian peer-to-peer platform Envestio, which has seemingly shut down while still holding €33m (£27.87m) of lender funds. Over the past week, worried investors have taken to social media and P2P forums to complain that the company’s website is down.
    684 days ago
  • david2
    Default can be especially painful for investors. But Kuetzal and Envestio wind-down in same month will hurt most of p2p lending portfolios. https://t
    685 days ago
  • ariel23
    Website has disappeared. One of their team says hackers attacked their database !
    686 days ago
  • canythould43
    This week the site Envestio is down and nobody is replying to any contact requests. Several investors write complaints on social networks and forum ...
    686 days ago
  • canythould43
    Today I received an e-mail from Envestio, reacting on the recent developments around Kuetzal. Envestio reacts to panic on Baltic crowdfunding market,
    691 days ago
  • ariel23
    In December 2019, it was made public a significant number of facts that undermine completely the credibility of Kuetzal as a reliable P2P platform. Y
    695 days ago
  • canythould43
    Today I received an e-mail from Kuetzal explaining the situation at the company and announcing that there are going into a wind-down. Dear Kuetzal ...
    695 days ago
  • canythould43
    kuetzal is announcing a wind-down. Today I received an e-mail from Kuetzal explaining the situation at the company and announcing that there are going into a wind-down.
    695 days ago
  • 6319mb
    After MT now ThinCats have stopped accepting new investors cash although whether this is just retail funding the e-mail was a little vague.
    730 days ago
  • runted
    On FundingSecure home page: Important UpdateFundingSecure Limited ("the Company") Jonathan Avery-Gee, Edward Avery-Gee and Daniel Richardson (‘the Ad
    776 days ago
  • canythould43
    Peer-to-peer pawnbroker Funding Secure has collapsed, leaving thousands of investors at risk of major losses. Funding Secure is the second peer ...
    776 days ago
  • Mr Wambugu
    anyone interested in partnering in a p2p lending platform for east africa?
    1045 days ago
  • sedgerhy10
    The P2P lending platform is going to manage well if people are going to be willing to invest. Everyone who wants to lend on a P2P platform needs to ma
    777 days ago
  • runted
    P2P lending is powerful — on many levels. It’s a way of saying goodbye to the presence of big banks — you know, the same ones that got their bail out
    777 days ago
  • kentemad
    Experience of investors will determines the future p2p lending
    777 days ago
  • canythould43
    How do you see the future of P2P lending platforms? ...
    777 days ago
  • HonestFIRE
    Tanel offered me to run a raffle where you can win €50 for registering on the platform and passing KYC. Full details https://www.honestfire.lt/reinvest24-raffle/
    912 days ago
  • Albertus Haeseb
    Hi, I’m the founder of Oxford Insurance Housing and Finance Limited looking for s P2P Loan. or Peer who wants to buy shares in my business Can anyone help?
    Thanks and will give more info upon request
    935 days ago
  • Karookans
    Hi all
    Looking for an urgent loan
    Please if there’s anyone who could help please reach out so as to provide more information
    Will pay with high interest rate in short period of time
    987 days ago
  • canythould43
    canythould43 added a new photo
    Alternative Finance Model
    • Alternative Finance Model
    1620 days ago
This week Estonian police started a criminal investigation regarding the crowdfunding platform Envestio. The case is being investigated as investment fraud. According to figures from the Envestio website before it went offline, around 33 million euros in investor funds were collected from around 13,000 investors.
Last replied by canythould43 on Saturday, 01 February 2020
There’s no easy way to make money and p2p lending is tremendously great, however, mostly sold to people who wouldn’t otherwise put money at risk this much. I’m a big believer into P2P but haven’t seen a very compelling model yet.
Last replied by runted on Saturday, 14 January 2017
Today I received an e-mail from Envestio, reacting on the recent developments around Kuetzal. Envestio reacts to panic on Baltic crowdfunding market, caused by collapse of Estonian platform Kuetzal, by returning its former COO Evgeniy Kukin back on his position. The end of 2019 on Baltic crowdfunding market has been quite challenging for all players, as failure of Kuetzal platform caused a crisis of trust and provoked many investors to withdraw their funds from the market. Envestio also faced a number of pre-mature investment buybacks and subsequent withdrawal of funds, which were accomplished without any delay and in full amount thanks to Envestio’s reserve fund, which in present circumstances varies from EUR 500 000 up to EUR 800 000. Furthermore, in order to minimize the room for negative rumors and speculations, caused by changes in the management board of Envestio, which took place almost simultaneously with similar changes in Kuetzal (due to absolutely different reasons, though – Envestio was purchased by a solid European investor) the new owner of Envestio, Mr. Arkadi Ganzin has reached the agreement with former COO of Mr. Envestio Evgeniy Kukin to return to this position starting from January 15, 2020. At the same time, Mr. Eduard Ritsmann, who was appointed to the position of COO and Development Director right after the sale of the platform in December 2019, will continue working for Envestio as the Head of Sales. Hence, no parallels should be drawn between Envestio and Kuetzal cases, as Envestio retains onboard the whole team of professionals, with which it became one of the leaders of the Baltic crowdinvesting market, earned trust of almost 15 000 registered investors, and kept perfect payment discipline as well as is in command of solid financial reserves to ensure uninterrupted and trustworthy operational activity.
Last replied by canythould43 on Friday, 17 January 2020
On FundingSecure home page: Important UpdateFundingSecure Limited ("the Company") Jonathan Avery-Gee, Edward Avery-Gee and Daniel Richardson (‘the Administrators’) of CG & Co (‘CG’) were appointed Administrators of the Company on 23rd October 2019. The administrators are working closely with the FCA who consented to their appointment over the Companies. The Company was placed into administration on 23rd October 2019 by a resolution of the board of directors of the Company. As a result of the administration no legal proceedings may be commenced or continued with against the Company without the consent of the Administrators or leave of the Court. The Company is now protected from any third party actions by virtue of a statutory moratorium. The administrators have set up a dedicated email address for creditors to contact the administration team. fundingsecure@cg-recovery.com We will only be able to respond to urgent queries. However, key updates on loans will be ongoing and accessable on the investor platform. Due to the early stages of the administrations, the information we have is limited, we therefore request that creditors continue to consult the website and historic investor updates in the first instance. We will continue to update investors and creditors as additional information becomes available so please watch this website for updates. The business and affairs of the Company are now controlled by the Administrators who act as agents of the Company and act without personal liability. Jonathan Avery-Gee, Edward Avery-Gee and Daniel Richardson are licensed as insolvency practitioners in the United Kingdom by the Institute of Chartered Accountants In England and Wales and the Insolvency Practitioners Association.
Last replied by runted on Thursday, 24 October 2019
The P2P lending platform is going to manage well if people are going to be willing to invest. Everyone who wants to lend on a P2P platform needs to make sure that they are going to get better results by making sure that they have picked the right place to go. People that do not feel safe will not lend, and the industry is going to have to do some work to help make people feel as safe as possible when they are lending.
Last replied by sedgerhy10 on Wednesday, 23 October 2019
Try Bondora, Viventor, Twino.
Last replied by canythould43 on Tuesday, 01 November 2016