Maple Finance, an on-chain, institutional credit marketplace that’s aspiring to fill a gap left behind by the collapses of crypto lending heavyweights like BlockFi and Celsius, has its sights se
PeopleFund, a South Korean marketplace that connects borrowers and investors to enable lending, has recently added $20 million to its $63.4 million Series C. Existing backer Bain Capital led the exten
The backbone of Indonesia’s economy are its estimated more than 60 million SMEs. But many lack access to working capital and, especially before the pandemic, managed their finances using manual proc
South Korea-based peer-to-peer (P2P) lending platform PeopleFund announced today it has closed a $63.4 million (75.9 billion won) Series C round led by Bain Capital with participation from Goldman Sac
After working as an investment banker in Canada for a decade, Halima Iqbal moved back to Pakistan in 2017 and quickly realized how difficult it is for women to access financial services. “I had a re
Small- to medium-sized businesses are one of the most important parts of Southeast Asia’s economy, but many have trouble securing growth capital from traditional financial institutions. Validus want
Drivezy — the startup out of India that wants to turn private car usage on its head through a car-sharing network where people lend their cars and two-wheeled vehicles but also have options to u
Another fintech startup has made the leap into publicly traded company: Funding Circle, the peer-to-peer lending platform for small and medium businesses that was originally founded in the U.K., opene
In October 2016, two leading P2P platforms in the U.S. -- Lending Club and Prosper -- announced a new increase in interest rates for lower-grade loans. The decision was made in order to sustain invest
Those of us interested in marketplace lending have recently observed many pejorative headlines about P2P lending platforms, which mostly reported on Lending Club’s recent difficulties, but also crit
Anyone who keeps up with the stock market is likely aware that Lending Club is in hot water. Anyone with professional lending experience is likely unphased by this. Even so, peer-to-peer services rema
What a difference a year makes. In 2015, Lending Club was a marketplace-lending leader with a $7 billion market cap, and the media was heralding the approaching tech-enabled lending revolution. Now, w
The term “fintech” has become all the rage; investors and media can’t stop talking about it. Many people also have been talking about the “bubble” in the tech industry, but could there be a
Our team has been actively investing in fintech for the past two years. In addition to reading pitches from hundreds of companies and meeting with dozens, half of our team has worked in the finance se
The meteoric rise of e-lending platforms attracted a lot of interest among investors and entrepreneurs. Lending Club and OnDeck have already become public companies, and their competitors, such as Fun
A year ago, privately held online lenders like <a target="_blank" href="https://www.prosper.com">Prosper</a>, <a target="_blank" href="https://www.sofi.com/">SoFi</a> and <a target="_blank" href="htt
Lending, one of the biggest industries, is currently undergoing a transformation. As it was with the automobile industry transformation, a number of modern innovators will probably face serious diffic
Lending Club, the largest P2P lending platform in the U.S., has seen its share price drop by more than 50 percent since December 10; the price per share on the NASDAQ Stock Market dropped from $14 to
P2P lending became one of the hottest industries in fintech -- or any other any industry -- in 2015. Companies raised large venture rounds, investors found unicorns and there were even a couple of IPO
In March 2014, The Economist published Banking without banks, declaring that peer-to-peer (P2P) lending platforms were set to disrupt banks and other traditional sources of capital by directly conn
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