Chinese Billionaire Invests Significantly in Lending Club

After the departure of CEO Renaud Laplanche and stock price decrease over the past two weeks, there are certainly investors who smell opportunity and one investor just invested a significant amount in Lending Club.


ING takes startup path as top banks reap innovation rewards

Dutch banking group ING has revealed that it is working with 45 fintech companies in an effort to jump-start its digital transformation programme.


Zopa Launches Car Loan Refinance

Today UK p2p lending service Zopa announced it will extend its product range to offer ‘Zopa Car ReFi‘, a refinancing product for car loans.


OnDeck Closes $250m Securitisation

Small business lending platform OnDeck has closed a $250m securitisation.


AvantCredit Raises £130m in Debt Funding

UK consumer lending platform AvantCredit, a subsidiary of Chicago-based Avant, has announced that it has secured £130 million in debt funding. The fresh capital injection comes courtesy of a number of undisclosed financial institutions and brings the platform’s total amount of debt raised to date to over £300m.


Wells Fargo to launch online lending platform

The nation’s most valuable bank and the third largest by assets is planning to unviel a online lending platform for SME loans.


Peter Thiel Backed Blend, mortgage marketplace lending provider

Blend was founded in 2012 with aim to improve the mortgage process for both lenders and borrowers by providing an experience far better than the decades old technologies that are currently in place.


German Bank buys part of the first European Marketplace Lending Securitisation

KLS Diversified have executed the first European marketplace lending securitisation of Funding Circle loans, selling part of the senior tranche to the German development bank, KfW.


China's P2P lender Dianrong mulls 2017 IPO

Chinese peer-to-peer (P2P) lender is mulling a share float as early as next year, according to the company's co-founder and chief executive Soul Htite.


OnDeck Prices $250m Securitisation

Leading small business lender OnDeck has priced a $250m securitisation. The securitisation will consist of two classes of note.


A big investment will invest to P2P loans

LendInvest, an online platform for financing short-term mortgages, has signed a warehouse financing deal with Australian investment bank Macquarie. The deal gives LendInvest access to over £40 million to fund mortgages with.


Lendix gets 13,5 mil. USD investment

The French peer-to-peer lending platform has raised $13.5 million. Lendix launched just like year. During its first year, the platform has managed $22.5 million in medium-term business loans.


German bank Commerzbank plans to launch own P2P Lending

According informed sources of, the German bank Commerzbank plans to launch an own p2p lending marketplace called ‘Main Funders’ in the first half of 2016. The marketplace aims to connect SMEs seeking funding with investors.