Other Companies
RebuildingSociety Launches in UK
RebuildingSociety.com was recently brought to my attention on Twitter. The company was founded in 2011 and launched in 2012. The website is still in it’s beta, but Rebuilding Society is positioning itself as an alternative to Funding Circle that is necessary in the peer to peer lending space. Here’s what the company has to say [...]
Advisor Referrals Earn 1.5% On Rebuildingsociety.com
Crowdfunding platform rebuildingsociety.com pays 1.5% on completions resulting from adviser referrals. Here is the press release: September 4 2012 — An introducer channel paying a 1.5 percent fee on completed loans resulting from adviser referrals has been established by business crowdfunding platform rebuildingsociety.com. Operating in the alternative finance sector, the peer-to-peer lending company, which was [...]
Fixura Launches International Lending
Finnish Fixura launches investing options for people living in other countries. Here is the press release: In July 2012 the Finnish P2P-lending website Fixura opened up the possibility of investing in Finnish loan applications for people living in other SEPA-countries. The AAA rated country Finland is known for low crime, one of the highest living [...]
RainFin Announces Progress With Peer To Peer Lending
RainFin announced that the number of applications and funded loans are steadily increasing in the early months of operation. Here is the press release: 28 August 2012 (BusinessTech) — Social lending company RainFin says it had 106 applications in its first month of operating, with 22 successful loan application funded by peers during that time. [...]
SoMoLaunch Competition Encourages Entrepreneurs to Put Their Best Foot Forward
Winner of business competition to receive $5,000 to fund expansion, equipment upgrades, promotional materials, or other business needs Here is the press release: CINCINNATI – August 20, 2012 – Are you an existing small business with the next great idea? Do you need more funding to get to the next level? SoMoLend (http://www.somolend.com/) wants to [...]
New Loan Platform Launched By SocietyOne
SocietyOne, an Australian loan management platform provider, has launched Australia’s first fully compliant peer-to-peer (P2P) lending platform. Here is the press release: 22 August 2012 — According to the company, the new product runs on a proprietary loan management platform called ClearMatch, which it describes as a secure, online loan management solution. It claimed the [...]
I-Lend Social Network Up And Running
A new start-up peer to peer lending company has launched its social networking site targeted to borrowers and lenders. Here is the press release: Hyderabad Aug. 23 2012 (The Hindu Business Line) — A start-up firm has launched a social networking site exclusively for borrowers and lenders. The peer-to-peer lending site, named i-lend, enlists prospective [...]
SoMoLend Teams Up With California Startup To Expand Reach
Ohio startup SoMoLend and California startup CircleUp are joining forces to reach a wider audience of investors and borrowers. Here is the press release: CINCINATI August 14, 2012 (Soapbox Cincinnati) – Two innovative online investment startups, one in Ohio and one in California, are teaming to expand each other’s reach. Cincinnati-founded SoMoLend (short for Social [...]
Zidisha Reaches $300K In Loans Facilitated
Zidisha, a US-based nonprofit microlending service, reached the milestone of USD $300,000 raised for 500 different businesses. Here is the press release: (MicroCapital) July 31, 2012 — Zidisha, a US-based nonprofit microlending service, reached the milestone of USD 300,000 raised for 500 different businesses on July 18, 2012. Each day, Zidisha facilitates the lending of [...]
SocietyOne Launches Australia’s First Peer-To-Peer Lending Company
The first peer-to-peer online lending platform in Australia plans to circumvent traditional bank lending. Here is the press release: SYDNEY 21 August 2012 (ARN) – It isn’t just mobile payments that are disrupting traditional notions of banking. Sydney-based consumer finance startup SocietyOne has launched Australia’s first peer-to-peer online lending platform, which aims to bypass traditional [...]
SoMoLend and CircleUp Create Partnership To Assist Small Businesses and Entrepreneurs
CircleUp and SoMoLend are announcing a partnership to improve access to capital for small businesses and entrepreneurs through a national network of accredited investors. Here is the press release: CINCINNATI and SAN FRANCSICO July 30, 2012— CircleUp (https://circleup.com/), the leading equity crowdfunding site in the US, and SoMoLend (http://www.somolend.com/), the pioneering debt borrowing platform connecting [...]
Mark Nowotarski Holds Discussion On Kickstarter And Crowdfunding At Fairfield University
The Inventor’s Association of Connecticut is sponsoring a discussion by Mark Nowotarski, president of Darien-based Markets, Patents and Alliances LLC, on Kickstarter and the benefits of crowdfunding. Here is the press release: FAIRFIELD, CONNECTICUT [SamfordAvocate.com] July 26, 2012 – If a privately funded entrepreneur experiences an early failure, not many outside of his circle of [...]
SoMoLend’s Candace Klein Scheduled To Speak At LendThink 2012: CEO Executive Forum
Candace Klein will speak on a panel at the Online Lenders Alliance’s LendThink 2012: CEO Executive Forum on Friday, July 20 in Adairsville, Georgia. Here is the press release: July 18, 2012 – ADAIRSVILLE, Ga.—Candace Klein will speak on a panel at the Online Lenders Alliance’s LendThink 2012: CEO Executive Forum on Friday, July 20 [...]
Microlenders Like MicroGraam Challenging Conventional Industry
By charging rates that are significantly lower, microlenders in India are quietly challenging the conventional norms of the lending industry. Here is the press release: BANGALORE Jul 12, 2012 (The Times Of India) – Amidst the regulatory upheaval and scramble for fresh capital that defines India’s microfinance sector, a new breed of micro lenders are [...]
Entrepreneur ‘Speechless’ After Kickstarter Funds Project In Less Than 12 Hours
Piers Ridyard, British entrepreneur and inventor of the Nifty MiniDrive, has project on Kickstarter fully funded in 10 hours. Here is the press release: UNITED KINGDOM – JULY 06 2012 (Huffington Post) – You know the SD card slot in your Macbook that you almost never use? What if that could instead house a flush [...]
RainFin Takes On Traditional Banks
RainFin is vying to be the cheaper middleman between investors and borrowers. Here is the press release: 03 July 2012 (MoneyWeb) – JOHANESSBURG – Inspired by success stories overseas, IT businessman Sean Emery has launched a social lending website in South Africa. The website, www.rainfin.com, connects lenders and borrowers directly with each other, removing the [...]
Seedrs Announces Launch Of New Crowd-Funding Platform
Seedrs will enable entrepreneurs and start-up businesses obtain cash from interested investors. Here is the press release: 7 July 2012 (thisismoney.co.uk) – A new online platform has been launched to enable investors to back start-up businesses from as little as £10. Called Seedrs, and regulated by the Financial Services Authority, it will enable investors to [...]
RainFin Aims To Bring Social Lending To South Africa
A new financial services company offering peer to peer lending in South Africa is planning to launch July 3. Here is the press release: 21 June 2012 — RainFin, a new South African financial services company, is planning to “shake up South Africa’s banking market by bringing social lending and borrowing to South Africans.” The [...]
National Expansion Announced By Money360
After successful California launch, peer-to-peer real estate lending marketplace Money360 announces plans to expand nationally with more than $500 million available for lending. Here is the press release: LADERA RANCH, CA, Jun 18, 2012 (MARKETWIRE via COMTEX) — Money360, Inc. (money360.com) announced today a nationwide expansion of the first peer-to-peer (P2P) real estate lending marketplace. [...]
PRÊT D’UNION Announces A €3.3 Million Equity Investment
France’s first online peer-to-peer lending platform announced a successful €3.3 million round of financing from shareholders and new investors. Here is the press release: Paris, June 7, 2012 – PRÊT D’UNION, France’s first Internet peer-to-peer lending platform, announced a successful new €3.3 million round of financing from new investors (including Weber Investment, the holding of [...]
So far no one has lent me any money. I have noticed however that pretty much no one has been ...
P2P lending is heating up! These early companies exploring the platform will be very successful. I'm Impressed