Showing Results For Tag: Funding Circle

Lending Club’s financial results validate the online lending model and confound skeptics
Wednesday, March 2nd, 2016

Online marketplaces emerged following the 2007-08 global financial crisis and have shown consistent growth since. Lending Club’s success is an example of how borrowers and lenders alike are shifting away from traditional lenders, towards fintech and online financial services. In the nine years since inception, Lending Club has originated US$16 billion in loans. According to a recent survey… Read more…

The European Investment Bank to Lend to UK SMEs through P2P Lending
Wednesday, October 14th, 2015

During the last couple of years, as a consequence of the outstanding growth of peer-to-peer lending worldwide, we have seen cases of big and established banks including national institutions entering into partnerships with online lending marketplaces. This is particularly true for UK market, which being more advanced and active than others, has witnessed important partnerships… Read more…