PYMNTS-MonitorEdge-May-2024

P2P lending

P2P becomes a bigger part of peoples’ daily lives, the coming year will bring the challenges of earning more revenue from those services, and persuading a broader group of consumers to use these digital payment methods.

Funding Circle Valuation May Soar To $2.4B
Funding Circle Valuation May Soar To $2.4B
September 19, 2018  |  IPO

Funding Circle, the peer-to-peer lending company that is gearing up to launch an initial public offering (IPO), could be valued at as much as $2.4...

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Chinese Consumers Turn To Bank Deposits For Financial Security
Chinese Consumers Turn To Bank Deposits For Financial Security
September 06, 2018  |  Banking

More Chinese consumers are choosing to deposit their money into traditional banks as they turn away from higher-yielding assets in favor of financial security. According...

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GO-JEK Pairs With P2P Lenders To Boost FinTech In S. Asia
GO-JEK Pairs With P2P Lenders To Boost FinTech In S. Asia
September 05, 2018  |  Partnerships / Acquisitions

Indonesian ride-hailing and online payment company GO-JEK is expanding its financial technology services through partnerships with three peer-to-peer (P2P) lending firms: Findaya, Dana Cita and...

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Funding Circle To IPO, Raise $387.4M
Funding Circle To IPO, Raise $387.4M
September 04, 2018  |  Alternative Finances

Funding Circle, U.K.-based peer-to-peer lender, announced Monday (Sept. 3) that it is aiming to raise $387.4 million via the issuance of new shares. According to...

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Investors Protest Following Chinese P2P Collapse
Investors Protest Following Chinese P2P Collapse
August 20, 2018  |  International

PPMiao, the online peer-to-peer (P2P) lender in China, faced protests from investors in the company at its offices on Monday (Aug. 20), as the P2P...

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Protests Mark China’s Ruptured P2P Lending Landscape
Protests Mark China’s Ruptured P2P Lending Landscape
August 14, 2018  |  International

China’s peer-to-peer (P2P) lending crisis has caused widespread anger from citizens who are demanding that the government bail out hundreds of collapsed P2P companies. Last...

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Swiss Startup Liquineq Transfers Money Via The Blockchain
Swiss Startup Liquineq Transfers Money Via The Blockchain
August 08, 2018  |  Blockchain

Swiss startup Liquineq believes it can disrupt banking by safely and securely processing transactions within seconds using blockchain. But its aim is not to replace...

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China Locks Down Financial District As P2P Lending Implodes
China Locks Down Financial District As P2P Lending Implodes
August 06, 2018  |  International

China has ordered a lockdown of Beijing’s financial district Monday (August 6) to prevent individuals from protesting a crisis in the peer-to-peer (P2P) lending marketplace....

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How Digital Disbursements Tools Are Changing Low-Dollar Lending
How Digital Disbursements Tools Are Changing Low-Dollar Lending
August 02, 2018  |  Disbursements

Forty-four percent of employees say they’ve been paid late due to issues arising from manual payroll processing and other discrepancies. In latest Disbursements Tracker, PYMNTS...

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