POSTS FROM PAST WEEK
Results for the survey we made on P2P income taxation
On Tuesday we brought you the results from a brief survey of our more experienced users. The goal of the post was to get investors thinking about the questions they need to ask when considering the tax implications of their earnings from marketplace investing. The responses do not represent professional advice, they’re just remarks from some investors.
Weekly industry news roundup – April 24, 2017
Huffington Post published an article looking at the innovation that will propel the marketplace lending world forward like mortgage options and government contractors.
Crowdfund Insider discussed the role of good data in the world of fintech. The best fintech companies will verify the accuracy of data.
Forbes reported on a recent survey citing that “Nine in 10 financial firms expect to lose revenue to fintechs with expected losses around 24%.”
The Economic Times explored how marketplace lending is enabling the phenomenon of “digital inclusion”.
Financial Times Advisor discussed why financial advisors should consider P2P investments.
Roklen24 mentioned Bondora as an example in a recent post about FinTech’s strong position in the Baltic States’ technology sector.
Investing insights with three new statistic charts
Here we looked at the role of banks as more loan seekers turn to P2P for fast, easy and inexpensive loan options. Traditional banks will need to find new ways to remain competitive as the marketplace lending industry grows to an estimated value of $897 billion by 2025.
Performance of recovery process – April 2017
In our monthly look at the results of our recovery efforts we learned that The average recovery rates across all countries in 2014 and 2015 was relatively unchanged. However, even if 2016 falls from its current average of 60%, relative to the 2014 and 2015 averages of 42% and 44% respectively, we’re still unlikely to see a yearly downtrend in recoveries.