Category Archives: Lender

More Europeans arrive – Spotcap now open for business

As of Tuesday, more Europeans have entered the Australian SME Lending Market, this time with Spotcap now open for business. Last year we saw the launch of Ratesetter and ThinCats, with Ratesetter focused on  pure P2P consumers and ThinCats on secured business lending. So yesterday I sat down for a coffee with Lachlan Heussler the MD

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P2P for everyone – Ratesetter Australia opens its doors for business

A few days ago Ratesetter Australia https://www.ratesetter.com.au officially launched its new P2P Lending Business and opened its doors for business. They now become the first P2P lender licensed to offer P2P lending to all Australians. RateSetter Australia CEO, Daniel Foggo, said, “RateSetter is the first and only P2P lender operating in the Australian market licenced to offer all

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Off-Shore Funds target NZ’s P2P Harmoney

Harmony, the NZ P2P lender, opened its doors in early September see http://www.ozp2plending.com/harmoney-nz-launches/. At that time it made international headlines with the announcement that it had opened with institutional investor support of over $100m.  ‎The question that followed was who were these investors, were they local funds or off-shore players? Well earlier this week, it came to

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What is P2P Lending?

P2P or Marketplace lending is a process where a highly efficient on-line technology platform allows lenders and borrowers to come together to do business. Borrowers, who normally may have gone to their bank manager for a loan, are choosing to source their funds via P2P lenders. The borrower can apply for a loan, whilst the

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