peer-to-peer (P2P) lending platform

Startups, Entrepreneurs, Digital economy

Ping An-backed Lufax to ditch P2P lending amid regulatory woes: sources

(July 18): Lufax, one of China’s largest online wealth management platforms that is backed by financial giant Ping An Insurance, plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reut

Startups, Entrepreneurs, Digital economy

Peer-to-peer lending platform lends a hand to SMEs

SINGAPORE (July 8): Kelvin Teo, co-founder of peer-to-peer (P2P) lending platform Funding Societies, remembers vividly the moment the owner of a medium-sized real estate management company thanked him for approving a much-needed loan. The owner had needed

Fintech

Funding Societies raises $25 mil in Series B funding led by Softbank Ventures Korea

SINGAPORE (Apr 19): Funding Societies, the peer-to-peer (P2P) lending platform also known as Modalku in Indonesia, has raised US$25 million ($32.8 million) in Series B fund.
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