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.

UK Treasury Downplays the Alt-Lending Hype
UK Treasury Downplays the Alt-Lending Hype
March 16, 2015  |  B2B Payments

The chatter surrounding the rise of alternative lenders hasn’t come close to quieting down. Viewed by many as the chance for small businesses to gain...

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OnDeck IPOs And Rides Alt Lending Wave
OnDeck IPOs And Rides Alt Lending Wave
December 19, 2014  |  Alternative Finances

Alternative lender OnDeck Capital, which focuses on loaning money to small-business borrowers, expects to continue with business as usual after raising $200 million from its...

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Guess Who’s Investing In P2P Lending
Guess Who’s Investing In P2P Lending
October 23, 2014  |  Alternative Finances

Former PIMCO CEO Mohamed El-Erian is the lead investor in a $12 million funding round for P2P lender Payoff, becoming the latest big name from...

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Alternative Lending To Small Business Slides As Big Banks Lend More
Alternative Lending To Small Business Slides As Big Banks Lend More
October 10, 2014  |  Alternative Finances

At a time when peer-to-peer mortgage lending in the U.S. is actually feeding loans to small banks, the situation appears to have flipped for small-business...

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Kabbage Aims To Konquer Konsumer Loans With Karrot
Kabbage Aims To Konquer Konsumer Loans With Karrot
September 25, 2014  |  Alternative Finances

Kabbage is branching out from the merchants in search of working capital where it built its original business and is now looking to individuals looking...

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