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July 16th, 2008 — , Canada, exchange, florence leung, p2p currency, peer to peer currency, peerfx, peerfx.com, robert dunlop from wiseclerk @ P2P-Banking.com
PeerFX.com a p2p currency exchange that wants do to away with high margins and fees banks charge when exchanging currencies, announced to launch on August, 1st. Users will be able to change US and Canadian Dollars directly (USD, CAD).
Watch a video of the funding. The founders Robert Dunlop and Florence Leung gave away a 51% [...]
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Continue reading → Peer to peer currency exchange PeerFX to launch soon
July 16th, 2008 — , Canada, funding, peermint, peermint.com from wiseclerk @ P2P-Banking.com
Apparently Peermint.com has participated in the New Ventures BC competition.
The deadline for round 3 is August, 13th.
First prize is 60,000 CAN$ in cash plus 100,000 CAN$ proof of concept award.
Update: Peermint made round 2 but is not among the 30 startups in round 3
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Continue reading → Peermint participating New Ventures BC competition
May 30th, 2008 — , Canada, CommunityLend, CommunityLend News, General News, P2P Lending from Blair MacGregor @ Lendoza - news & information on p2p lending and the social finance industry
CommunityLend, a Toronto, Canada based P2P Lending firm currently in startup phase, announced this week that they’ve been working with two firms to help further the site’s development in both OpenSource coding and applications, as well as its banking software interface.
UnSpace Interactive, a firm based out of Toronto, has been working in conjunction with CommunityLend [...]
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Continue reading → CommunityLend Announces Partnerships, Looks Towards mid-2008 Launch
March 3rd, 2008 — Canada, IOU Central from wiseclerk @ P2P-Banking.com
Today the Quebec security regulator in a press release commented on the action taken against IOU Central:
At the request of the Autorité des marchés financiers (AMF), the Bureau de décision et de révision en valeurs mobilières (BDRVM) issued an order on February 27, 2008 against IOU Central Inc. ("IOU") to cease any activity, directly, indirectly [...]
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Continue reading → Background on regulator’s action against IOU Central
February 29th, 2008 — Canada, IOU Central from wiseclerk @ P2P-Banking.com
After being offline for several hours, Canadian IOUCentral.ca is now online again, but with limited functionality. That means that currently no loan listing and bidding is possible.
From the website:
Why Is IOU Central Operating With Limited Functionalities?IOU Central is now operating with limited functionality while we resolve a regulatory matter. IOU Central is acting in a [...]
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Continue reading → Breaking news: IOU Central suspended by regulator
February 24th, 2008 — Canada, Denmark, Fairrates, IOU Central from wiseclerk @ P2P-Banking.com
IOU Central launched first in Canada. As I already mentioned in my first post on IOU Central they profited from the knowledge input the two founders of danish Fairrates.dk brought with them. Fairrates had problems with fraud cases due to incomplete access to credit histories.
Here are some interesting notes by Bartlomiej Owczarek from Virtuous Cycle taken [...]
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Continue reading → How Fairrates’ problems became IOU Central’s headstart
February 12th, 2008 — Canada, Fairrates, IOU Central, Video from wiseclerk @ P2P-Banking.com
IOU central launched the first active p2p lending service in Canada today. Borrowers can request loans from 1,000 to 25,000 CAN$ and select a term between 1 and 36 months. IOU central allows the borrower to specify a minimum amount at which he will accept the loan, should it not fully fund in the 2 [...]
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Continue reading → IOU central launches p2p lending in Canada
December 15th, 2007 — Canada, CommunityLend from wiseclerk @ P2P-Banking.com
CommunityLend.com, which strives to be the first peer to peer lending service launching in Canada, has secured 2.5 million dollar venture capital. Furthermore CommunityLend announced winning Barry Campbell, former MP and Secretary to the Minister of Finance and Jim Jones, CEO of GMAC Residential Capital as additional directors.
In an email Co-Founder and CTO Colin Henderson told [...]
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Continue reading → Canadian CommunityLend receives $2.5M VC funding
November 2nd, 2007 — Canada, CommunityLend from wiseclerk @ P2P-Banking.com
Canadian Communitylend.com started a blog. The first post in the Communitylend blog is "links for 2007-11-01". Odd post to start a blog for a new service. I expected more excitement and insights. Maybe it was not intended to be public and rather a test.
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Continue reading → Communitylend starts blog
September 5th, 2007 — Australia, Canada, New Zealand from wiseclerk @ P2P-Banking.com
Peermint.com says it will be offering peer to peer lending in Australia, New Zealand and Canada. In Australia and New Zealand Peermint will probably be the first social lending service, whereas in Canada it will compete with Communitylend.com which plans launch for Fall 2007.Source: The Better Banking Blog
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Continue reading → First peer to peer lending service for Australia and New Zealand?
