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"We have all heard of Syndicated loans, Contributory funds, Property funds, REITS and Mortgage Trusts. But in case you haven’t, a syndicated loan is a loan offered by a group of lenders (called a syndicate) who work together to provide funds for a single borrower. These products have existed for years and peer-to-peer investing is simply the next evolution of these products through the development of financial technology (fintech)".
Christopher Scott Price, PropertyShares CEO
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Learn more about local & international events that are impacting Australian real estate and peer-to-peer investing.
SAN FRANCISCO - In 2011, Brett King was promoting his book, “Breaking Banks,” and creating a start-up that he hoped would do to the banks what Amazon did to the retail industry and Facebook did to media.Read More
Fintech, the latest buzzword in the peer-to-peer lending sector, has carved a niche for itself in a short span of time. As banks tighten their seat belts for the new-age disruption, they are showing strong affinity towards collaboration with the marketplace lenders to secure their customer proposition.Read More
On Tuesday, P2P lending platform Saving Stream announced its value of outstanding loan book grew by 126% during 2016. In its year review, Saving Stream stated over the last year, its outstanding loan book increased from approximately £73m in December 2015 to £165m in December 2016.Read More