Lending

P2P Lending on the Rise in India

Peer-to-peer (P2P) lending in India is set to grow into a US$5 billion industry by 2023 as alternative finance continues to fill the void left by banks. The Economic Survey 2017-18 tabled in the Parliament in January show that small

Read More

Turnkey Lender Collaborates With Hewlett Packard To Offer Improved Lending Solutions

Cloud-based lending software provider Turnkey Lender have announced that it will collaborate with Hewlett Packard Enterprise to offer its software on HPE ProLiant for Microsoft Azure stack, a hybrid cloud platform. The announcement builds on the success of an initial

Read More

After Temasek Investment, P2P Lender Validus Surpasses $100 Mil In Funding

Validus, co-founded by former DBS Bank SME head Ajit Raikar is a peer-to-peer (P2P) lending platform that helps connect Singapore’s small and medium enterprises (SMEs) to accredited investors and financial institutions. Just recently, they announced that they have facilitated over

Read More

Validus And Lighthouse Canton Launch a S$ 20 Million SME Singapore Financing Fund

Validus Capital and Lighthouse Canton Group today launched the LCV Trade Finance Fund of initial asset size S$20 million (to scale up to S$200 million) dedicated towards financing SMEs in Singapore. Validus is a Singapore-based MAS-licensed entity focused on bridging

Read More

P2P Lending Platforms in Philippines Rising

As majority of the Philippine population remains to be unserved and underserved by banks, the launching of digital peer-to-peer (P2P) lending platforms in the country have been consistent for the last four years. The P2P method is touted as a

Read More

New Singapore Lending Player: Helicap Funded by Former Minister of State

Helicap, a FinTech start-up operating in the fast-growing alternative lending space in South-East Asia and Australia, announced that it has successfully closed US$1.5 million in seed money. The round is led by Singapore’s former Minister of State and the Chairman

Read More

Lendr Records Double Digit Growth in Philippines, Over $500 Million Loans Disbursed

FintQ the financial technology arm of Voyager Innovation, projects that loans processed through digital platforms will grow faster as more borrowers find it convenient and lending companies benefit from lower costs. This statement was made on the back of loan

Read More

Ip2pGlobal – Answering the Personal Financing Demand of Both Borrowers and Lenders

There may be many peer-to-peer lending platforms out there offering to match individual borrowers and lenders. However, there is still yet a platform that meets the demand that both borrowers and lenders are seeking for. Borrowers are seeking for a

Read More

Singapore Fintech Association Unifies Crowdlending Platforms

The Singapore Fintech Associationannounces the launch of the Marketplace Lending committee in response to the rapid growth in the sector. The SFA subcommittee is dedicated to ensuring the local crowdlending industry is a trusted, credible and viable mode of financing for

Read More

Funding Societies Raises $25 Million Series B Funding. Largest P2P Lending Funding in SEA

Leading peer-to-peer lending platform Funding Societies (also known as Modalku in Indonesia), has raised USD 25 Million in Series B funding. Led by Softbank Ventures Korea, the funding round also includes existing investors Sequoia India, Alpha JWC Ventures (Indonesia) and

Read More