P2p lending services – Market DCD http://market-dcd.com/ Just another WordPress site Tue, 07 Jun 2022 21:59:28 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://market-dcd.com/wp-content/uploads/2021/06/icon-2021-06-29T174343.113.png P2p lending services – Market DCD http://market-dcd.com/ 32 32 Today in food: Domino’s targets inflation problems https://market-dcd.com/today-in-food-dominos-targets-inflation-problems/ Tue, 07 Jun 2022 20:23:43 +0000 https://market-dcd.com/today-in-food-dominos-targets-inflation-problems/ Today in food retail, Domino’s is announcing a half-price deal in the face of rising restaurant prices, and Uber Eats is announcing a new nationwide shipping option. Additionally, Dani Simpson, Chief Marketing Officer at Blue Apron, discusses the brand’s new partnership with Walmart. Domino’s, Sonic and other brands launch deals to woo inflation-worried consumers As […]]]>

Today in food retail, Domino’s is announcing a half-price deal in the face of rising restaurant prices, and Uber Eats is announcing a new nationwide shipping option. Additionally, Dani Simpson, Chief Marketing Officer at Blue Apron, discusses the brand’s new partnership with Walmart.

Domino’s, Sonic and other brands launch deals to woo inflation-worried consumers

As restaurants note the impact of inflation on consumer behaviors, with rising prices threatening customer loyalty, some big brands are rising to the challenge by leaning on it, absorbing more of the price increases to advertise offers and promotions at low prices. Domino’s Pizza, for its part, announced Monday, June 6, that it was offering 50% off pizzas for digital orders through June 12.

Uber Eats follows DoorDash lead with nationwide shipping

As restaurant aggregators try to differentiate themselves from their competitors, racing to meet all consumers’ dietary needs, some are expanding their focus from the local to the national scale. On Tuesday, June 7, Uber Eats announced the launch of Domestic Shipping, a feature through which consumers can send food from favorite local food and beverage vendors to people across the United States.

Blue Apron Lowers the Barrier Between Meal Kit and Grocery with Marketplace Partnership

In an interview with PYMNTS, Dani Simpson, Chief Marketing Officer at Blue Apron, explained how the meal kit supplier’s partnership with Walmart fits into the brand’s overall distribution strategy, saying such initiatives offer an easier first entry point into the brand for consumers. , encouraging additional engagement down the line.

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NEW PYMNTS DATA: THE CUSTOM PURCHASING EXPERIENCE STUDY – MAY 2022

About: PYMNTS’ survey of 2,094 consumers for The Tailored Shopping Experience report, a collaboration with Elastic Path, shows where merchants are succeeding and where they need to up their game to deliver a personalized shopping experience.

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P2P lending services open to non-resident international investors https://market-dcd.com/p2p-lending-services-open-to-non-resident-international-investors/ Thu, 02 Jun 2022 16:46:33 +0000 https://market-dcd.com/p2p-lending-services-open-to-non-resident-international-investors/ If you live in the UK, there is an abundance of p2p lending services available that you can invest in. However, for most other countries, even developed European markets, there are few or even no p2p lending services. Very often I receive emails from readers asking which platforms are open to international investors, so I […]]]>

If you live in the UK, there is an abundance of p2p lending services available that you can invest in. However, for most other countries, even developed European markets, there are few or even no p2p lending services. Very often I receive emails from readers asking which platforms are open to international investors, so I decided to create this information page.

Why invest in p2p lending abroad?

Besides the obvious reason (being that there is no p2p lending market in the country where the investor resides), there are several other reasons even if there is a local service:

  • Diversification
  • More features (e.g. a secondary market or secured loans or more better data)
  • Best risk-reward ratio (perceived)

What is meant by “open to non-resident international investors”?

Some platforms say, yes, we are open to international investors, but they really only refer to large institutional investors. Or they mean expats, because they need a local bank account and a local passport. On this page, “open” means that the platform allows foreign nationals, who reside in a foreign country and have a bank account outside the local market, to invest as a retail investor in p2p loans on the platform .

Know Your Customer, Anti-Money Laundering

Legal reasons require platforms to verify the identity of investors. For local investors, this is often automated. For international investors, platforms usually require the investor to upload scans of documents (e.g. driver’s license).

Exchange risk and money transfer

Cross-border lending often means that the investor has to bear an additional risk: exchange rates fluctuate. But the first problem can arise when transferring money. Fortunately, in the Eurozone, SEPA payments are fast and efficient and very inexpensive (even free). If a currency exchange is needed, services like Transferwise* or Currencyfair* may be cheaper options than a bank transfer.

Other

Obviously, investors will need to check whether the laws of their home country allow them to invest in P2P loans and what the tax implications will be.

The list

I have personally invested in the following platforms as an international investor, which means I can say from my own experience that the platforms are not only open to international investors, but the process also works well.

Bondora
Bondora*, Estonia, has been open to international investors since the end of 2012. Bondora offers p2p loans to consumers (borrowers) in 4 European countries. It is open to international individual investors residing in the European Union, Switzerland and on a case-by-case basis in other countries. It is also open to accredited investors from the United States. The currency is the euro. Read my blog cover on Bondora.

Mintos
Mintos*, Latvia, opened to investors in January 2015. Loans offered by several loan originators in Latvia, Estonia, Lithuania and Georgia. Some loans are secured by assets and/or a buyback guarantee. Mintos is open to investors from the European Union and many other countries (see list when registering). Currencies are Euro, CZK, SEK, GBP, PLN, DKK, RON and GEL. Read my blog cover on Mintos.

DOUBLE
Twino logo 2018TWINO*, Latvia, launched in June 2015. TWINO is open to investors from the European Union, Switzerland and Norway. TWINO offers the possibility of investing in consumer loans with a buyback guarantee, thus reducing the risks for investors. The currency is selectable – Euro or GBP. Read my blog cover on TWINO.

PeerBerry
PeerBerryPeerBerry*, Latvia, launched in 2017. PeerBerry is open to investors from the European Union and several other countries (see list during registration). PeerBerry offers short-term consumer loans in multiple countries backed by a buy-back guarantee. The currency is the EUR**.

Kuflink
Kuflink logoKuflink*, UK, launched in 2017. Kuflink is open to international investors. Kuflink offers projects secured by UK assets, lending to professional borrowers. The currency is GBP**. Read my blog posts on Kuflink.

Receive an email alert if we add new services open to international investors on this page

Information for p2p lending services
Inclusion in the above list for services open to international retail investors is only EUR 80 per month (plus VAT where applicable; payable in advance for one year). P2P-Banking has a global readership and is a leading resource for p2p lending information. In addition to gaining investors directly, p2p lending marketplaces will benefit if the information and tables compiled on this site are often quoted or the content copied by the media and other Internet sites, which will lead to a even greater awareness for the service. For inclusion please email me. (my Linkedin profile)

**I plan to invest in this market in the future

Other questions

Which peer to peer loan is the best?

Check out the list of good p2p lending marketplaces here.

Which platforms offer p2p lending in Europe?

Find a list of p2p lending platforms in Europe here.

Can you make money with p2p lending?

P2P lending can offer high returns on investment, but it is a high risk investment. Investors need to diversify across platforms and lots of loans.

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Singapore to pilot digital asset trading with blockchain and tokenization https://market-dcd.com/singapore-to-pilot-digital-asset-trading-with-blockchain-and-tokenization/ Tue, 31 May 2022 16:05:43 +0000 https://market-dcd.com/singapore-to-pilot-digital-asset-trading-with-blockchain-and-tokenization/ Singapore has announced plans to pilot asset tokenization use cases and assess the feasibility of autonomous commerce powered by blockchain technology. Efforts here will include the development of interoperable networks to facilitate trade in digital assets as well as an assessment of the regulations needed to guard against potential risks. Called Projected Guardian, the initiative […]]]>

Singapore has announced plans to pilot asset tokenization use cases and assess the feasibility of autonomous commerce powered by blockchain technology. Efforts here will include the development of interoperable networks to facilitate trade in digital assets as well as an assessment of the regulations needed to guard against potential risks.

Called Projected Guardian, the initiative would see the Monetary Authority of Singapore (MAS) work with industry players to explore the “economic potential” of asset tokenization, the industry regulator said on Tuesday.

By digitally representing assets or items of value through blockchain-based smart contracts, tokenization has enabled high-value financial and real-economy assets to be split and traded online, on a peer-to-peer basis. -to-peer. MAS noted that applying this to financial services such as borrowing, lending and trading would allow these transactions to be carried out autonomously, bypassing the need for intermediaries.

He said such decentralized financial transactions (DeFi) could potentially improve the efficiency, accessibility and affordability of financial services, as well as increase liquidity in financial markets and strengthen economic inclusion.

Through Project Guardian, Singapore hopes to pilot and assess the feasibility of asset tokenization and DeFi applications, as well as the management of associated risks. Specifically, MAS said it will develop and pilot use cases in four focus areas, including the use of public blockchains to create open and interoperable networks for exchanging digital assets across multiple platforms. These would also interoperate with existing financial infrastructures and could discourage the creation of walled gardens in digital exchanges, he said.

The regulator would also seek to set up “independent trust anchors” to provide a secure environment for the deployment of DeFi protocols. MAS designated regulated financial institutions as trust anchors that would screen, verify, and issue credentials to entities wishing to participate in DeFi protocols. This would ensure that participants only trade with verified counterparties, issuers and protocol developers.

There were also plans to assess securities representation through bearer digital assets and tokenized deposits issued on public blockchains. This would build on existing token standards and incorporate trusted anchor credentials, and allow asset-backed tokens to be interoperable with other digital assets in DeFi protocols over open networks.

Additionally, MAS would assess the necessary regulations and controls in DeFi protocols to guard against market manipulation and operational risks. This initiative would examine the use of smart contract auditing capabilities to detect vulnerabilities in code.

The first planned pilot under Project Guardian would explore potential applications of DeFi in wholesale funding markets, MAS said, adding that local bank DBS, JP Morgan and Marketnode have been invited to the trial. The pilot would leverage smart contracts, issued on a public blockchain-powered network, to facilitate secure borrowing and lending.

MAS said it would explore other initiatives and encouraged industry players to submit their proposals to the Fintech Regulatory Sandbox for live testing.

MAS Chief Financial Technology Officer Sopnendu Mohanty said, “MAS closely monitors innovations and growth in the digital asset ecosystem and works on the potential opportunities and risks that come with new technologies – for consumers, investors and the financial system as a whole. hands-on experimentation with the financial industry and broader ecosystem, we seek to refine our understanding of this rapidly transforming digital asset ecosystem.Learnings from Project Guardian will be used to inform political markets on the regulatory safeguards needed to harness the benefits of DeFi, while mitigating its risks.”

Singapore’s Deputy Prime Minister and Coordinating Minister for Economic Policy Heng Swee Keat said tokenization – through asset splitting – could enable greater liquidity, better price discovery and access to illiquid assets. .

Distributed ledgers, by removing the need for intermediaries, have also reduced costs, prevented data monopolies and discouraged “rent-seeking behavior”, Heng said.

Noting that Singapore is keen to collaborate with blockchain and digital asset players to drive innovation and build trust in the industry, he said MAS has issued licenses and approvals-in-principle to 11 token service providers. digital payment over the past two years. These, he said, included stablecoin players such as Paxos, crypto exchanges such as Coinhako, and traditional financial institutions such as DBS Vickers.

“We will continue to assess applications and facilitate live experiences through regulatory sandboxes, to enable safe adoption in the financial industry,” the minister said. “We need to approach emerging technology with an open mind, separating hubris from its true underlying potential. Through regulation, we work constructively to realize the gains of these new technologies, and involve responsible players and companies with strong risk management capabilities, to build the foundations of the digital asset ecosystem.”

RELATED COVERAGE

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Insight Financial Technology (FinTech) Update Future Market Trends, Scope, Top Players 2016 to 2028 https://market-dcd.com/insight-financial-technology-fintech-update-future-market-trends-scope-top-players-2016-to-2028/ Fri, 27 May 2022 22:48:18 +0000 https://market-dcd.com/insight-financial-technology-fintech-update-future-market-trends-scope-top-players-2016-to-2028/ The Global”Financial Technology (FinTech) Market“The report provides insight into the global industry, including valuable facts and figures. This research study explores the global market in detail such as industry chain structures, raw material suppliers, and manufacturing. The Financial Technology (FinTech) Sales Market examines major segments of the market scale. This smart study provides historical data […]]]>

The Global”Financial Technology (FinTech) Market“The report provides insight into the global industry, including valuable facts and figures. This research study explores the global market in detail such as industry chain structures, raw material suppliers, and manufacturing. The Financial Technology (FinTech) Sales Market examines major segments of the market scale. This smart study provides historical data as well as a forecast from 2022 to 2028.

The entire value chain and the critical downstream and upstream elements are examined in this report. This market report covers technical data, manufacturing facility analysis, and raw material supply analysis for the Financial Technology (FinTech) industry and also explains which product has the highest penetration, its profit margins and market share.

Main Drivers and Obstacles:

High-impact factors and driving forces have been studied in the Financial Technology (FinTech) market report to help readers understand the overall development. Additionally, the report contains restrictions and challenges that may hinder players. This will help users pay attention and make informed trading decisions. The specialists also looked at the next business prospects.

In its latest report, ReportsGlobe offers a comprehensive overview of Financial Technology (FinTech) Market with focus on keyword dynamics including driving forces, restraints, opportunities, trends and in-depth information on the structure of the financial technology (FinTech) market. Financial technology (FinTech) market sales in the global market will increase as the business and advanced technologies increase. With the covid-19 epidemic, companies have become very dependent on digital platforms to survive.

Financial Technology (FinTech) Market Segmentation:

Financial Technology (FinTech) Market, By Application (2016-2027)

  • People
  • Companies
  • Others

Financial Technology (FinTech) Market, By Product (2016-2027)

  • P2P loan
  • Crowdfunding
  • Others

Key Players Operating in the Financial Technology (FinTech) Market:

  • loan club
  • Prosper
  • Reached
  • SoFi
  • On the bridge
  • Before
  • Funding Circle
  • Zopa
  • Lendix
  • Rate fixer
  • Mintos
  • Auxmoney
  • CreditEase
  • Lufax
  • renrendai
  • Tuandai
  • maneo
  • Capital float
  • Capital game
  • CompanyOne

Financial Technology (FinTech) Market Segment Analysis

Market research explores new data in the Financial Technology (FinTech) Market report. It examines the market size in terms of the value of each segment, as well as how market dynamics are likely to change over time. The report then divides this information into types and proposed applications, with a geographical breakdown (North America, Asia, Europe, and Rest of the World). In addition, the report examines the structure of the industry, offers estimates of growth, forecast period, revenue value, and volume in industrial applications, and sheds light on industry competition.

Scope of Financial Technology (FinTech) Market Report

ATTRIBUTES

The description

ESTIMATED YEAR

2022

YEAR OF REFERENCE

2021

FORECAST YEAR

2022 to 2028

HISTORICAL YEAR

2020

SECTORS COVERED

Types, applications, end users, and more.

REPORT COVER

Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends

BY REGION

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Regional Analysis For Financial Technology (FinTech) Market:

The Financial Technology (FinTech) Market research report details current market trends, development outline, and several research methodologies. It illustrates the key factors that directly manipulate the market, for example, production strategies, development platforms, and product portfolio. According to our researchers, even minor changes in product profiles could lead to huge disruptions in the factors mentioned above.

  • North America includes the United States, Canada and Mexico
  • Europe includes Germany, France, UK, Italy, Spain
  • South America includes Colombia, Argentina, Nigeria and Chile
  • Asia Pacific includes Japan, China, Korea, India, Saudi Arabia and Southeast Asia

Financial Technology (FinTech) Market Research Goals and Objectives

  • Understanding the opportunities and advancements in financial technology (FinTech) determines the strengths of the market, as well as the key regions and countries involved in the growth of the market.
  • Study the different Financial Technology (FinTech) market segments and the Financial Technology (FinTech) dynamics in the market.
  • Categorize Financial Technology (FinTech) segments with increasing growth potential and assess the market for the futuristic segment.
  • Analyze the most important trends related to the different segments that help to decipher and convince the financial technology (FinTech) market.
  • Check region-specific growth and development in the Financial Technology (FinTech) Market.
  • Understand the major players in the Financial Technology (FinTech) market and the value of the competitive image of the Financial Technology (FinTech) market leaders.
  • To study the key plans, initiatives, and strategies for the development of the Financial Technology (FinTech) Market.

The study thoroughly examines the profiles of major market players and their key financial aspects. This comprehensive business analysis report is useful for all new and existing participants when designing their business strategies. This report covers KEYWORD production, revenue, market share and growth rate for each key company and covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. Financial Technology (FinTech) historical breakdown data from 2016 to 2021 and forecast for 2022-2028.

Global Financial Technology (FinTech) Market Research Report 2022-2028

Chapter 1 Financial Technology (FinTech) Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 – Global Financial Technology (FinTech) Market Forecast

How Reports Globe is different from other market research providers:

The creation of Reports Globe has been underpinned by providing clients with a holistic view of market conditions and future possibilities/opportunities to derive maximum benefit from their business and assist in decision making. Our team of in-house analysts and consultants work tirelessly to understand your needs and provide the best possible solutions to meet your research needs.

Our team at Reports Globe follows a rigorous data validation process, which allows us to publish publisher reports with minimal or no deviation. Reports Globe collects, separates and publishes over 500 reports each year covering products and services in many areas.

Contact us:

Mr. Mark Williams

Account Manager

WE: +1-970-672-0390

E-mail: [email protected]

Website: Reportsglobe.com

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Blockchain Technology Offers Multiple Pathways to Financial Inclusion for the Unbanked https://market-dcd.com/blockchain-technology-offers-multiple-pathways-to-financial-inclusion-for-the-unbanked/ Thu, 26 May 2022 12:03:00 +0000 https://market-dcd.com/blockchain-technology-offers-multiple-pathways-to-financial-inclusion-for-the-unbanked/ Financial inclusion, accessible services, and the unbanked are standard talking points in many crypto conversations. But the details may remain somewhat hazy – the people talking about crypto are usually those who are already inside the financial system. There are people actively working to increase financial inclusion and access to services for the large number […]]]>

Financial inclusion, accessible services, and the unbanked are standard talking points in many crypto conversations. But the details may remain somewhat hazy – the people talking about crypto are usually those who are already inside the financial system. There are people actively working to increase financial inclusion and access to services for the large number of people who are unbanked or underserved.

CBDC for people

Central bank digital currencies (CBDCs) will serve different purposes in different places. In economies where individuals have moved away from high levels of cash use, such as those in the US and UK, there will be relatively little retail demand for CBDCs, but there are places where species are rare and CBDCs can serve to increase fundamental opportunities for prosperity and economic growth.

nChain is working with central banks to facilitate the use of CBDC through its Digital Cash product. nChain Chief Commercial and Strategy Officer Simit Naik – who has worked in West Africa – told Cointelegraph that CBDCs in this region should “ensure continued access to an inclusive and stable form of central bank money for citizens, when the use of physical money decreases.”

Only having access to physical money limits people to the most basic forms of transaction. A CBDC would open up access to the digital economy and introduce new business models by supporting micro- and nano-payments. Broadband access to participate in the digital economy would be rare, but mobile phone penetration and connectivity is “much greater” than one might expect, Naik said. According to the GMSA – a mobile communications association – there were 5.3 billion unique mobile subscribers worldwide in the second quarter of 2022.

A CBDC can save central banks money and time by providing real-time access to data to inform monetary policy. A typical implementation of the nChain Digital Cash product would be for the central bank to dedicate a portion of its reserves as collateral for digital cash. Next, nChain would support the central bank as it minted and distributed digital money tokens on a one-to-one basis with the guaranteed reserve money. It is important that the CBDC is intermediary-free, as it can be used in places where no financial infrastructure exists.

The salary of civil servants would be paid in CBDC at first, then it would be distributed to traders. The central bank could also use it to make payments, such as welfare and stimulus payments, directly to the public.

Related: Here’s what’s happening in Web3 across Africa

Like Digital Cash, the goal of nChain’s Digital Money solution is to provide access to financial services to people who have traditionally not had access to these services. However, the Digital Money product is account-based, which allows it to model more traditional forms of money. Commercial banks and fintechs can use it to introduce new financial products. It can be used for microlending and for tokenization of assets and commodities, allowing people to become investors, as brokerage services are regulated but do not necessarily require a broker.

The benefits of a credit score

Another approach to expanding access to financial services is to create visibility for the billions of people who do not have a credit score. According to Brendan Playford, founder of Pngme and Masa Finance, 1.5 billion people worldwide have credit scores and 3.3 billion people are “credit invisible”. This means that they are creditworthy, but their credit history is not associated with them in the traditional banking system. An accessible credit score is a prerequisite for many financial services, especially credit, and it can impact identity verification and access to insurance.

Targeting a billion people, the mobile money economy, and the processing of data from peer-to-peer micropayments made through established providers can enable the scoring of people previously invisible to credit. In Africa, only 20-30% of the population have a credit score. Pngme has partnered with credit reporting service TransUnion to use mobile money data to increase that level to 60-70%. According to the GSMA, mobile money transactions in sub-Saharan Africa were worth $697.7 billion, out of a global total of $1 trillion, in 2021.

Banks in Africa “struggle to serve underserved markets, so Pngme privately provides an infrastructure for an end user to build a credit score where they otherwise couldn’t,” Playford said.

Data captured by Pngme is one of the data sources used to generate on-chain loans through Masa Finance. Masa Finance is a decentralized credit protocol that connects off-chain credit data to decentralized finance (DeFi), creating a “soul-bound” credit profile non-fungible token (NFT). Masa uses the mobile-friendly and scalable Celo blockchain to lend small amounts using anonymized data for underwriting and stablecoins as settlement currency that can be converted to fiat or cryptocurrency. Playford told Cointelegraph:

“Inclusion is really about choice. If you’re underserved and need funding, you can find it, but your terms are incredibly unfavorable. This technology creates a fairer ecosystem, where more people can offer products in an open setting.”

Masa Finance recently announced the completion of pre-seed financing and expects a full-scale launch in three to six months. A testnet has been launched and its mobile app is in beta and has around 40,000 users. The app will include 10,000 data sources in 78 countries when fully operational in the coming weeks.

“The reality is that all the work I do disrupts the way banks have a monopoly on lending. We are building an ecosystem that serves the top to the bottom of the pyramid,” Playford said.

Accessible banking services

DeFi can combine with traditional banking services to offer the best of both, providing services to the unbanked and enhancing the services available to those already inside the system. EQIFi, a decentralized financial platform, is backed by EQIBank, a fully regulated digital bank licensed in Dominica. EQIFi provides a platform for DeFi products while working with EQUIBank accounts, loan custody, OTC, and wealth management. It also offers peer-to-peer transfers and microloans.

“Not everyone needs a loan that requires a credit score,” EQIFi founder and CEO Brad Yasar told Cointelegraph.

The cost savings associated with decentralized finance allow EQIBank and EQIFi to operate in parts of the world where a large corporate bank would find it prohibitively expensive to do business. yasar said:

“We wanted to create a platform that combines decentralized finance with traditional finance in a way that opens doors for everyone.”

Due to its link with EQIBank, EQIFi is also subject to regulatory requirements and is registered in the British Virgin Islands and Dubai. Yasar is a strong advocate for regulation and transparency in the crypto space.

EQIFi products also offer financial inclusion in the form of “the kind of rates and returns that were previously only available to institutional investors and the wealthy elite,” according to promotional materials. Yasar described the platform’s yield aggregator as its “crown jewel”.

“Licensed and regulated projects like EQIFi are paving the way for a transition from high-risk, anonymous DeFi platforms to safer and more transparent versions,” Yasar told Cointelegraph earlier. “With DeFi, we can offer more cheaper products to a much larger portion of the world’s population.”