Canadian La Banque Nationale invested 300 million. USD into P2P loans

Largest bank in Quebec has for the first time invested into P2P loans. Investment was done through Lending Club, which is the largest provider of P2P loans in the United States and is also traded on a stock exchange.


BlackRock Invested £12.7m in Funding Circle Fund

BlackRock is the third largest holder of Funding Circle’s recently floated SME Income Fund, which raised £150m from institutional investors via the London Stock Exchange in late November 2015.


First European Marketplace Lending Securitisation Achieves Aa3 Rating

Deutsche Bank has been mandated to arrange a European marketplace loan securitisation of loans originated by Funding Circle, the UK's largest SME marketplace lending platform.


SocietyOne Raises 25M

SocietyOne, an Australian p2p lending marketplace announced that it completed a 25M AUD round, supported by its existing shareholders.


Chase Launches Its Online lending platform with OnDeck

Following months of behind-the-scenes work with OnDeck Capital, JPMorgan Chase has quietly started offering online loans to its existing small-business customers.


PWC: 20% of Financial Service Business at Risk

Financial technology companies are shaping the financial services industry from the outside in, and more than 20% of traditional players being at risk to fintech companies by 2020, according to a new report by PowerwaterhouseCoopers (PwC).


Current effective interest rate for investors

Current effective interest rate on loans to investors on a Zlty melon reaches double digits. See the analysis on actual interest rates and the net proceeds of the loans to investors provided through Zlty melon.


Santander teams up with Kabbage

Santander UK – a subsidiary of BancoSantander, one of the world’s largest banking institutions – announced its strategic partnership with Kabbage, a financial services data and technology platform in the US.


RateSetter Joins Forces With SyndicateRoom

Peer-to-peer lending platform RateSetter has entered into a unique referrals partnership with angel-led equity crowdfunder SyndicateRoom.


British Business Bank supports another P2P platform

London based merchant cash advance platform Liberis has scored a major success with news that the British Business Bank’s commercial investments arm will provide a facility of up to £5m to the platform in order to support finance for small businesses. Additionally, Liberis has just announced that it has reached a major milestone – providing over £100m in funding to UK SMEs.