Assetz Capital has become the second peer-to-peer platform accredited to deliver the coronavirus business interruption loan scheme (CBILS) by the British Business Bank. The firm is one of nine new alternative finance firms approved for the scheme, which enables lenders to provide government-backed loans of up to £5m to smaller businesses hit by Covid-19.
European peer-to-peer lender Twino has launched a new social investment product. It allows Twino investors to donate to causes rather than earn interest and the platform will match the amount raised. The first social fundraising project is for Latvia’s Children’s Clinical University Hospital, allowing young patients to be provided with convenient and safe remote consultations.
EvoEstate has launched originator stats. Here you will be able to find the country of where the originator is incorporated, the number of projects on EvoEstate, how many and which projects are late (+7 days), which ones are traded on the Secondary Market and whether the originator is a licenced financial entity.
Are you planning to invest in real estate? Take advantage of our investment platform. Up to 18% annual returns.
Lending Club announced that it has signed a definitive agreement to acquire Radius Bancorp, and its wholly owned subsidiary Radius Bank, (together “Radius”) valued at 185 million USD. LendingClub says Combining Radius and LendingClub will create a digitally native marketplace bank at scale with the power to deliver an integrated customer experience, enabling consumers to both pay less when borrowing and earn more when saving.
Gofingo is one of PeerBerry business partners with almost 15% share of loans listed on PeerBerry. In 2019, Gofingo Group companies issued 35,88 million Eur of loans – 2,4 times more than in 2018. The total loan portfolio of the Group at the end of 2019 amounted 6,6 million Eur. At the end of 2018 the total loan portfolio amounted 2,75 million Eur.
During January this year, 1,400 new investors have joined to the PeerBerry investors community – 20% more than in previous months. PeerBerry currently has more than 18 400 investors who are enjoying investment opportunities at PeerBerry.
In Twino you can fund your account in either euro (EUR) or British pounds (GBP). The currency of your initial deposit will be set as the currency for your account and this will be the currency for your activities.
Peerberry seems like a very new platform and inexperienced with P2P lending due to its launch on the 1st of November 2017. However, this platform is an extension of Aventus Group which has years of experience in lending, half a million customers and 18 million loan portfolio. They have been profitable for the past 9 years which is a testament to the stability and reputation.
ViVentor P2P Platform is backed by Finstar Financial Group, an international private equity and investment advisory firm with USD 2 billion assets under management. The Group of international investors led by Finstar invested in ViVentor in 2016.
The number of lending companies on the platform increases at a steady pace. Currently the have 17 Loan Originators, six of them joined ViVentor P2P Platform in 2019. Investors can now diversify their portfolios across loans originated in Bosnia and Herzegovina, Netherlands, Estonia, Spain, Poland, Bulgaria, Russia, Lithuania, North Macedonia, Latvia, Moldova and Kazakhstan.
Viventor Platform was established in 2016. During the three-year period, they have refinanced more than EUR 105 million worth loans, while accumulated paid interest to investors reached over EUR 1.3 million. Average return is 13.2%. ViVentor has 7,500 registered investors and its current portfolio exceeds EUR 15.5 million. ViVentor has increased its’ financial capital from EUR 2,800 to EUR 1,300,000.