Chinese fintech giant Lufax, backed by Ping An, is targeting to raise at least $3bn in a U.S. initial public offering, according to...
More than 80% of China's 6,200 P2P lenders [since 2015], have either been shut down or troubled, according to Shanghai-based researcher...
Indonesia based startup that helps SMEs secure financial services through its online P2P platform, has raised $12m in Series B funding,...
South Korea based peer-to-peer lending startup has raised $35m as an extension to its series B financing round, led by Lending Ark Asia...
Short-seller Bonitas Research has attacked Beijing-based lender Hexindai, a US-listed Chinese peer-to-peer lender, accusing it of...
The development of consumer lending in China has hit a speed bump as the P2P industry falls foul of a regulatory clampdown on borrowing...
Fintech visionaries once dreamt of individuals lending money to each other. Lending Club just reported results that show how far the...
The UK listed fund, P2P Global Investments is reviewing its manager MW Eaglewood Europe (Marshall Wace), following ‘poor performance’....
Matt Harris at Bain worries about the longevity of 2.0 originators, which tend to be only slightly differentiated fast followers of...
Delinquencies are rising in online-originated loans and funding from investors is getting tougher to secure.
Banks now account for a quarter of the lending on UK peer-to-peer websites, in a sign that the UK’s £3.2bn alternative finance market is...
Lending Club’s results this week showed a 90 per cent increase in Q2 loan origination to $1.9bn. However regulators are starting to ask...
The informal economy covers huge stretches of Egyptian society and raising money through group events (rather than banks) comes from the...
Over the last few years, online marketplace lenders have enjoyed "regulatory arbitrage" over incumbent institutions. Going forward, that...
This is an interesting exploratory piece by Lendit organiser Jason Jones. He put pen to paper after being asked the question "Where does...
Another marketplace lender joins the unicorn club. Prosper's round was led by many of the banks, including Credit Suisse NEXT Investors,...