Online Direct Lending can add profit to existing or new financial services firms. But the key to achieving profitability is in the lending software. The first major Peer to Peer Lenders were rightly hailed as an alternative to bank lending, offering a better deal for borrowers and lenders. They successfully did things differently from the ban...
Madiston News
"Buying versus building" online direct lending software - the dilemma facing financial services firms looking to meet the speed and service that Millennials and GenZ will demand from their loan provider. So what are the considerations for each and which should win the battle for precious IT budget: > SPEED TO MARKET No doubt the appr...
Madiston plc's marketplace lending software platform has been deployed by Carilend Ltd, the first Peer to Peer Lending (P2PL) business to launch in the Caribbean region. With billions sitting idle in commercial banks across the Caribbean, Carilend will enable investors to earn higher returns, and borrowers to access credit more conveniently, thereb...
Online direct lending and the technology to support it (like Madiston's own global software platform) was explored at LendIt Europe 2017 in London, alongside Open Banking and the imminent seismic changes that could follow new regulation, PSD2 and GDPR. So what were the visions for the future? Open Banking Imran Gulamhuseinwala OBE, Trustee of the O...
Extract from Fintech.Finance article "We were delighted to be the first P2P platform to receive our licence to help small businesses borrow to finance their growth. Our technology helped us to achieve this. When we first launched consumer lending, we chose Madiston's software because it was ready to go with what we needed but also gave us the abili...
"UK based Madiston has shared that FinBee, the first licensed peer to peer lender for SMEs in Lithuania, has launched using Madiston tech. FinBee has already been in operation providing consumer loans using the Madiston platform. The company is extending the arrangement to move into small business lending." Click to read full article: SME P2...
crowdfundinsider.com "Madiston LendLoanInvest is entering the Lithuanian market having partnered with Finbee on a joint venture to offer peer to peer lending services. Madison has provided Finbee with its lending software and has become a shareholder in the company. This is the second P2P lender to have set up shop in Lithuania – a country that has...
crowdfundinsider.com "Peer to Peer lending is experiencing dramatic growth in the UK (and around the world). While traditional loans have, in some categories, lagged the economic expansion, P2P is booming. In fact UK businesses have benefited from over a half a billion in funds and consumer P2P lending may have reached over £1 billion at the end of...