P2P Lending News
Get a quick overview of the latest news from the P2P lending industry
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20. December 2024 New investment deals: Up to 15% APY
Fresh opportunities are live: Moldovan deals offer up to 15% APY, Romanian deals provide 13.5% APY with terms under two years, and Latvian deals feature terms under one year.
20. December 2024 CreditPrime Moldova achieves 50% loan portfolio growth in 2024
CreditPrime Moldova, a brand of Ecofinance, grew its loan portfolio by 50% in 2024 to MDL 139.8 million (€7.7 million). The company, Moldova’s first fully online microfinance institution, also diversified its funding sources, with Nectaro as a major partner and local bank contributions increasing fourfold. Notable advancements included the launch of Instant Payments, enabling 24/7 financing, and strengthened risk management systems aligned with “Responsible Lending” regulations. With 91% of its portfolio classified as “Good Book” loans, CreditPrime is setting new standards in Moldova’s financial sector.
19. December 2024 
Holiday season update: Limited support and transfer delays ahead
As the holiday season approaches, many platforms will operate with limited support, and banking holidays might cause delays in transfers to and from your P2P lending platforms. The P2P Empire team wishes you a joyful holiday season and a prosperous New Year!
19. December 2024 UnaFinancial exits Sri Lanka
UnaFinancial is exiting Sri Lanka due to market changes. Its entity, Rapidlend (PVT), has repaid all loans to RC RIGA. Investors will receive principal and interest by December 23, 2024. With Sri Lankan loans comprising just 0.15% of the portfolio, platform operations remain unaffected.
19. December 2024 Fintown unveils construction schedule for Honest Michle development
Fintown has officially released the construction timeline for Honest Michle, an exciting property development funded by Fintown investors. The construction is projected to conclude by June 2026, with the grand opening anticipated in the latter half of 2026. This milestone underscores Fintown's commitment to transparency and progress in delivering value-driven investment opportunities.
18. December 2024 Clickcash repayment pause extended
ClickCash expects to secure funding by February 2025 to strengthen operations and resume direct repayments. The pause on bridging repayments, initially set for August–November 2024, is extended through December 2024 and January 2025. Repayments are targeted to resume in February 2025, depending on ClickCash’s funding status, either through direct payments or bridging by Income.
16. December 2024 PeerBerry completes repayment of EUR 51.4 Million in war-affected loans
PeerBerry, a leading P2P investment platform, has successfully processed the final repayment of loans impacted by the war in Ukraine. Since February 24, 2022, PeerBerry's business partners, Aventus Group and Gofingo Group, have repaid investors a total of EUR 51.4 million, including accrued interest. This milestone makes PeerBerry the first and only investment platform in the market to fully meet its war-affected obligations, setting a benchmark for investor protection and resilience in times of crisis.
15. December 2024 December 2024 Performance Update Is Now Available!
We've released a new video showcasing the top-performing P2P lending platforms for December 2024. This video includes the latest news and insights that could affect your investments on these platforms.
13. December 2024 Danarupiah adjusts interest rates
From December 16th, new Danarupiah loans will offer a 13% annual interest rate, while existing loans remain unchanged. This update aligns with OJK regulations in Indonesia, ensuring competitive returns. Investors should update their Auto Invest settings to include the new rate.
13. December 2024 Indemo expands loan offerings and ends Fast Track program
Indemo has announced an increase in loan availability, enhancing investor opportunities. The platform will also discontinue its fast-track program in its current form by the end of December 2024.
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© 2024 All rights reserved.
© 2024 All rights reserved.