{"id":6931,"date":"2017-03-27T15:18:33","date_gmt":"2017-03-27T12:18:33","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=6931"},"modified":"2017-03-27T15:18:33","modified_gmt":"2017-03-27T12:18:33","slug":"weekly-industry-news-roundup-march-27-2017","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/weekly-industry-news-roundup-march-27-2017\/","title":{"rendered":"Weekly industry news roundup \u2013 March 27, 2017"},"content":{"rendered":"<h2 style=\"text-transform: uppercase\">Around the world<\/h2>\n<p align=\"left\"><a href=\"https:\/\/seekingalpha.com\/article\/4056862-fintech-brave-new-world-financial-sector\" target=\"_blank\" rel=\"noopener\">Seeking Alpha<\/a> published an article from the International Monetary Fund. The authors explored the underpinnings of the fintech revolution. Many, including the IMF, see P2P lending at the fore of this sweeping change. Speed and low costs are influencing more people to embrace theses digital solutions.<\/p>\n<p align=\"left\"><a href=\"https:\/\/www.crowdfundinsider.com\/2017\/03\/97697-report-uk-equity-crowdfunding-recovers-january-slump\/\" target=\"_blank\" rel=\"noopener\">Crowdfund Insider<\/a> reported on findings from online lending analytics firm OFF3R indicating that lending activity in the UK has increased in recent months. Moreover, the long-term trend is strong given that \u201cEarly data from March appears to suggest that this momentum will continue for the equity crowdfunding sector.\u201d While the information pertains to the UK market the data indicates strength in the broader industry.<\/p>\n<p align=\"left\"><a href=\"https:\/\/www.entrepreneur.com\/article\/288280\" target=\"_blank\" rel=\"noopener\">Entrepreneur<\/a> offered 6 tips for navigating online lending for small businesses. Their article comes amid findings from The Harvard Business Review showing that although \u201cthe total volume of small-business bank loans decreased by 3.1 percent in 2014, small-business online lending increased twofold.\u201d The author cites costs, and quality as areas to consider.<\/p>\n<p align=\"left\"><a href=\"http:\/\/www.reuters.com\/article\/us-experian-finicity-lending-idUSKBN16Q0XP\" target=\"_blank\" rel=\"noopener\">Reuters<\/a> explored the ways in which traditional banks are seeking to increase speed to compete with the growing online lending industry. Credit bureaus like Experian are attempting to leverage technology to drive down the time required for underwriting loans.<\/p>\n<p align=\"left\"><a href=\"http:\/\/www.cxotoday.com\/story\/3-ways-fintech-is-disrupting-the-indian-lending-space\/\" target=\"_blank\" rel=\"noopener\">CXOToday<\/a> discussed ways in which fintech solutions like P2P lending are disrupting the lending market in underbanked regions like India. The author discusses how a \u201ccost advantage also helps P2P lenders to offer better prices as compared to banks.\u201d These emerging markets have become areas of accelerated growth for P2P lending.<\/p>\n<h2 style=\"text-transform: uppercase\">Bondora mentions<\/h2>\n<p align=\"left\"><a href=\"http:\/\/arcticstartup.com\/article\/bondora-credit-blockchain-profit\/\" target=\"_blank\" rel=\"noopener\">ArticStartup<\/a> praised Bondora citing that we \u201cturned to profit late last year after focusing again on its original offering of consumer loans.\u201d P\u00e4rtel, our CEO, reflected, \u201cBy mid-2016 we understood that our focus has to be on what we started from \u2013 a faster and cheaper consumer loan product. And we understood that on the investment side it has to be an online product for the people, not so much for the banks or funds.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Around the world Seeking Alpha published an article from the International Monetary Fund. The authors explored the underpinnings of the fintech revolution. Many, including the IMF, see P2P lending at the fore of this sweeping change. Speed and low costs are influencing more people to embrace theses digital solutions. Crowdfund Insider reported on findings from [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[119],"tags":[103,104],"class_list":["post-6931","post","type-post","status-publish","format-standard","hentry","category-financial-well-being","tag-english","tag-finance-tips"],"acf":[],"featured_image":null,"categories_names":["Financial Well-being"],"category_name":"Financial Well-being","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/6931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=6931"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/6931\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=6931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=6931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=6931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}