1. UK – P2P / Real Estate
“Peer to peer (P2P) lending platform The House Crowd is launching a £1m Seedrs fundraising round in order to target three new markets.
The House Crowd began life in 2012 as the world’s first equity-based property crowdfunding platform and has been one of the pioneers in this fast-growing industry. It started crowdfunding buy to let property in 2012 and has evolved into an FCA regulated peer to peer lending (P2P) platform funding multi-million-pound property developments. It has raised over £112m from its twenty-seven thousand plus members.”
2. UK – P2P / Real Estate
“LANDBAY is cutting the rates of nine of its products to remain competitive in the buy-to-let market.
The peer-to-peer lender announced on Monday that it has cut the rate of its most popular product – its standard five-year fix – so that it now starts at 3.35 per cent.
The decrease is part of a planned adjustment to 16 products, nine of which see a reduction in rates, refreshing the range for professional landlords.”
3. UK – P2P/IFISA
“The value of cash wrapped up in innovative finance individual savings accounts has ‘nearly doubled’ as investors have become used to the new product over the last year.
Small investors have parked £588m across 40,400 accounts by the end of the second quarter of this year, according to trade body the Peer-to-Peer Finance Association (P2PFA).
4. International – P2P / Real Estate
“Tera Funding, a Seoul-based startup that operates a peer-to-peer lending platform for real estate developers, said Sept. 2 it has raised a combined 22 billion won ($18.2 million) series B round funding from multiple investors.”