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LENDEN CLUB
Digital gold and silver players form self-regulatory body for greater consumer protectionIndia's digital precious metals industry has launched the Digital Precious Metals Assurance Council of India (DPMACI), a self-regulatory bo...- P2P lending slows as RBI move clouds future of key playersThe peer-to-peer (P2P) lending sector has experienced a significant slowdown over the past year as the Reserve Bank of India (RBI) has tigh...
- RBI cancels registration of UP-based Margdarshak Financial Services over payment defaultsThe Reserve Bank of India (RBI) has cancelled the registration of Margdarshak Financial Services Ltd due to high net NPAs and defaults on r...
- P2P lenders to stop ‘liquid funds’ as RBI peers into businessThe initiative by the Association of P2P Lending Platforms comes on the back of sharp displeasure expressed by the country’s banking regula...
- Buy-Now, Pay-Later loans help fuel India’s festive recoveryPopularity is swelling for these small-sized loans that typically amount to less than Rs 5,000 ($67) as the labor market recovers from the ...
- Artha Venture Fund raises Rs 225 crore to close its maiden fundArtha Venture Fund will now look to invest in early-stage startups across B2B, B2C and D2C segments, according to a senior company executiv...
- Peer-to-peer lending platform LenDenClub turns profitable; eyes Rs 1,200 cr disbursal this fiscalThe company crossed Rs 500 crore mark in loan disbursements in 2020-21 and turned "profitable" during the financial year
- NBFC-P2P Association appoints Faircent’s Rajat Gandhi as its new PresidentThe regulatory authority has decided that in order to give the next push to the P2P lending platforms, the aggregate exposure of a lender t...
- VentureCatalysts invests in P2P lending startup LenDenClubMumbai-based seed investment and innovation platform Venture Catalysts invested an undisclosed amount in peer to peer lending platform LenD...
- How P2P lending platforms like Faircent, LendenClub are helping people make moneyEvery loan on P2P platforms is shared by multiple lenders to reduce risk. Even if someone defaults, these platforms have mechanisms to ease...
- P2P lending platform Lenden Club gets Rs 3.5 cr in equity investmentVenture Catalyst and Anirudh Damani had put in seed investment of Rs 1.5 crore in the company as well in May last year.
- LenDenClub gets RBI nod for NBFC-P2PLenDenClub, an online peer-to-peer lending marketplace for salaried borrowers gets RBI certificate.
- Artha Venture Fund makes first close at Rs 40 croreThe fund, which is structured as a Category I alternative investment fund, will invest in startups across seed, pre-series A and series-A l...
- P2P lending platform Lenden Club goes live with an android appThe product is mainly targeted at the millennial population in smaller cities of the country who might be employed but still find it diffic...
- RBI wary of first loan default guarantee coverExperts say such guarantees or covers might go against the intentions of the central bank.
- P2P platform i-lend eyes pan-India expansion, fresh capitalThe online marketplace connects borrowers who are in need of money to lenders who are ready to invest for higher returns.
- Faircent-Baxi: Auto loans lend a hand to P2P players for hassle-free lendingOther players also like LendenClub and i2iFunding aim to offer investment products like auto loans and invoice discounting options on their...
- RBI may allow you to be a lenderThe RBI's move to regulate the peer-to-peer (P2P) lending business has evoked good response with most participants saying that it could pro...
- Clarity please, peer-to-peer lending startups tell RBIPeer-to-peer lending startups reacted positively to the first draft of the Central bank’s guidelines for the sector, but will seek clarific...
- Venture Catalysts invests in fintech startup LenDenClubThis investment in LenDenClub is in line with the vision of Venture Catalysts to promote innovation and tech-driven entrepreneurship in the...
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