Tag "peer-to-peer lending"
P2P Lending in Australia and New Zealand
Since the arrival of peer-to-peer (P2P) lending in Australia and New Zealand, in 2012 and 2014 respectively, the practice has become more and more popular. P2P lending in Australia The Australian Securities and Investments Commission (ASIC) reported a total
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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
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New Peer-To-Peer Lending Players In Vietnam
A new company called Lendbiz was recently set up in Hanoi. The company offers a peer-to-peer lending platform targeted at small and medium-sized enterprises (SMEs) in Vietnam. Lendbiz joins other peer-to-peer lending platforms in Vietnam such as Timma, Vaymuon and
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Singapore’s P2P Lending Platforms and Industry: an Overview
Southeast Asia’s alternative lending space, although relatively small when compared with the likes of the UK, the US, or China, has witnessed significant growth in recent years, led predominantly by increased activity Singapore. Alternative lending refers to financial channels and instruments
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Peer-to-Peer Lending in China, Hong Kong and Southeast Asia
Peer-to-peer (P2P) lending has become a global phenomenon. In Asia in particular, alternative financing has experienced an explosive growth. Asia’s large population of smartphone-savvy and unbanked makes it a prime market for alternative lenders. These leverage digital platforms and technology
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Peer-to-Peer Lending in Vietnam
Access to and use of formal financial services is low in Vietnam compared with other countries in the region, with only 31% of all adults having formal bank accounts in 2014, according to the World Bank. 14.6% percent of Vietnamese
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Fintech Startup Of The Month: Equity & Loan Crowdfunding Platform FundedHere
Based in Singapore, FundedHere is an equity and lending-based crowdfunding platform that connects investors with promising startups in Asia looking to raise between S$100,000 and S$1 million. Founded in 2015, FundedHere aims at helping good entrepreneurial ideas getting funded whilst
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FinTech Indonesia Survey On Collaboration And Regulation
In partnership with Asosiasi Fintech Indonesia, Deloitte launched its findings: FinTech Indonesia Survey 2016, on fintech industry landscape in Indonesia, the challenges and ways to address them. The finding indicates that collaboration and strategic partnership are needed for economic growth
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Asia’s Top 7 Peer-to-Peer Lending Platforms
Peer-to-peer (P2P) lending is the loan of money to individuals or businesses through online services that match lenders directly with borrowers without going through a traditional financial intermediary such as a bank. P2P lending first appeared in 2005 with the
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Fintech Vietnam: 6 Vietnamese Fintech Startups to Watch
Vietnam Fintech Startups: We talk a lot about how London and New York are leading the fintech race. But to be fair, fintech is hot just about everywhere. Today, we take a closer look at what Vietnam has got to
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