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Industrial building in Döbeln Saxony Germany |
US $620,000.00 | Sale |
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Mercedes Benz C Class C230 SPORT 07 C CLASS MADE IN GERMANY 6 SPEED PREMIUM AMG WARRANTY |
US $26,900.00 | Sale |
November 10th, 2008 — , Germany, Marketing, abacho, domain, kredit, loan, unister from wiseclerk @ P2P-Banking.com
The German domain name kredit.de was sold today for 892,000 Euro (approx 1.14 million US$). ‘Kredit’ is the german word for ‘loan’, a very valuable keyword in targeting consumers seeking loans online.
The domain was bought by Unister GmbH from the Abacho AG. It is the highest price ever for a domain sale of the country [...]
Continue reading → Domain kredit.de sold for record price: 892,000 Euro
October 7th, 2008 — , Germany, Smava, alexander artope, earlybird, neuhaus partners, smava.de, vc, venture capital from wiseclerk @ P2P-Banking.com
Smava.de, offering p2p lending in Germany, today successfully closed it’s second VC round. Earlybird and Neuhaus Partners invested 4 million Euro (approx 5.5 million US$). Earlybird did already invest 4 million Euro in Smava in the first round. Smava CEO Alexander Artopé announced that Smava will use the money for product development, marketing and internationalization.
Smava [...]
Continue reading → Smava raises 4 million Euro in second VC round
August 15th, 2008 — , Germany, Marketing, Smava, Uncategorized, Video, smava.de from wiseclerk @ P2P-Banking.com
German p2p lending service Smava has sent its lenders an email asking them to produce short videos telling their personal experiences using Smava. Smava offers 50 Euro (approx. 75 US$) for each user generated video that is sent to Smava and published.
Three (older) videos by Smava lenders can be viewed here.
Continue reading → Marketing - Smava asks users to videotape their experiences
May 21st, 2008 — , Boober, Germany, Netherlands, Smava from wiseclerk @ P2P-Banking.com
Demand at Boober.nl is slowing. When I checked today only two loan listings were open. The following curve showing unique loan requests definitly shapes in the wrong direction. Boober lenders discus this development in this forum thread.
(Source Booberwatch.nl)
Since the launch 15 months ago, about 2.4 million Euro (about 3.8M US$) loan volume has been funded [...]
April 24th, 2008 — , Germany, Smava from wiseclerk @ P2P-Banking.com
German p2p lending service Smava.de made some changes:
Borrowing for business purposes is now allowed. The borrower still is an individual person but is no longer limited on private purposes of the loan
Borrowers may borrow up to 25,000 Euro (approx 39,200 US$), previously the maximum was 10,000 Euro
Maximum amount any lender can invest in the marketplace [...]
Continue reading → New at Smava - business loans, larger amounts, longer terms
April 22nd, 2008 — , Boober, Germany, Netherlands from wiseclerk @ P2P-Banking.com
Dutch Boober which announced and worked on entering the German p2p lending market for over a year (see earlier coverage) apparently dropped that plan.
Source: P2P-Kredite.com
Continue reading → Boober cancels plans to enter German market
March 21st, 2008 — , Germany, Smava from wiseclerk @ P2P-Banking.com
German p2p lending service Smava.de launched one year ago. Since the launch of Smava 393 loans were funded for a total loan volume of about 1.7 million Euro (approx. 2.6 million US$).
Lender's viewpoint
In a february survey 33% of lenders answered to be very satisfied with Smava and 63% were satisfied. 48% said their ROI met expectations while 19% said it exceeded expectations.
So far [...]
Continue reading → Review - Smava after year one - Lenders satisfied
March 6th, 2008 — Defaults, bad debt, debt sale, Germany, Smava, Upsells and Cross-sells from wiseclerk @ P2P-Banking.com
German p2p lending service Smava.de yesterday introduced an optional insurance for borrowers. Borrowers can take out an insurance together with their loan. In the case of death, disability or unemployment (through no fault of one's own), the insurance will pay the repayments. To offer the residual debt insurance (see a definition of residual debt insurance), [...]
Related StoresContinue reading → Insuring p2p lending borrowers against hazards
February 8th, 2008 — Germany from wiseclerk @ P2P-Banking.com
German startup Valuna.de wants to help companies to raise capital through loans from private investors without a bank. The first offer is by printing service QuickPrinter which offers 15 percent interest for a 7 year 100,000 Euro loan. Minimum amount for investors is 100 Euro. The platform Valuna offers marketing, but does not handle the financial transactions which are conducted [...]
Related StoresJanuary 23rd, 2008 — Financial Education, Germany, Lending Club, country, hourly, lack, lacking, mandated, united, vacation from Mike Smith @ Better Rates. Together.
In my recent post, Raising Your Hourly Wage, I discussed how you should use as much of your paid time off as possible to maximize your effective hourly pay. Looking into vacation in greater depth, I’ve found that workers in the United States are much worse off in that area than in many other developed [...]
Related StoresDecember 30th, 2007 — Defaults, bad debt, debt sale, Germany, Smava from wiseclerk @ P2P-Banking.com
As P2P-Kredite.com reports the first 2 loans at German p2p lending service Smava.de have defaulted. Since the Start in March 2007 a loan volume of 1 million Euro (approx. 1.4 million US$) has been funded at Smava. The amounts of the two defaulted loans are 4,000 and 6,000 Euro resulting in a default rate of about 1%. [...]
Related StoresOctober 3rd, 2007 — Germany from wiseclerk @ P2P-Banking.com
In Germany at least four companies developed an approach that makes use of the media hype on buzz words like peer-to-peer lending or social lending.
Under the headline peer-to-peer lending they offer kind of a "dating platform" for borrowers and potential lenders. To attract borrowers they offer hope - even borrowers with bad credit history have the [...]
Continue reading → Free-riders on the p2p lending bandwagon?
September 30th, 2007 — Germany, Smava from wiseclerk @ P2P-Banking.com
On March 24th Smava.de launched its peer-to-peer lending service in Germany. Time for a recap on how Smava fared in its first 6 month of operation. How Smava operates can be read in this earlier article.First the very positive news: So far in only 3 cases borrowers missed payment dates and in two of these [...]
Related StoresContinue reading → Smava - 6 month after start nearly all current
August 7th, 2007 — Germany, Smava, Video from wiseclerk @ P2P-Banking.com
Reuters has a video on German p2p lending site Smava.de. This is the first video I saw that's in english language. Features Alexander Artope, co-founder and CEO of Smava.
Related StoresAugust 6th, 2007 — Germany, Smava from wiseclerk @ P2P-Banking.com
The German site for social lending Smava.de today allowed borrowers of the lower credit grades G and H to participate. Previously only borrowers of credit grades A through F could participate. According to information published by Smava, 80% of the German population have credit grades in the range A-F, while credit grade G accounts for 10% [...]
Related StoresContinue reading → German Smava opens to lower credit grades
July 30th, 2007 — Germany, Marketing, Smava from wiseclerk @ P2P-Banking.com
Last week at the end of my post on the Prosper referral program I suggested:
The next step for even more growth
Currently all referral programs mentioned above have one thing in common. They are open only to existing members of the p2p lending services. Assuming they are successful and the p2p lending serves are seeking opportunities to enable [...]
July 16th, 2007 — Belgium, France, Germany, Ireland, Italy, Netherlands, UK from wiseclerk @ P2P-Banking.com
Found this interesting paper written by Prof. Dr. Udo Reifner on regulation of micro loans in Europe. Written (2000) well before the advent of p2p lending over the internet, it compares regulation for micro loans in 7 European countries (Belgium, France, Germany, Ireland, Italy, Netherlands, UK). It is one of the best sources that is publicly [...]
Related StoresJuly 15th, 2007 — Boober, Germany, Netherlands, Smava from wiseclerk @ P2P-Banking.com
Dutch p2p lending service Boober.nl changed the rules last week. Lenders are now restricted to a maximum investment sum of 39000 Euro. Boober told users that this step confirms that Boober is a platform for individuals and not for professionals or companies. It is believed that this step was neccessary due to regulation.
German Smava has restricted [...]
July 9th, 2007 — Germany, Lendingclub, Prosper, Smava, UK, US, Zopa from wiseclerk @ P2P-Banking.com
Today I will take a look at the communication approaches of Prosper, Lendingclub, Zopa and Smava. Since it is hard to judge the individual customer support these companies offer, the focus of this post is on the mass communication channels. To communicate their services to the lenders and borrowers the services can use the website's [...]
Related StoresContinue reading → Communication approaches of P2P lending services
June 25th, 2007 — Germany, Services from wiseclerk @ P2P-Banking.com
As P2P-Kredite.com writes, German Toogly plans to apply the idea of p2p lending to funding startups and companies. Anybody can draft a loan request between 1000 and 100000 Euro describing the business objective. Private lenders can bid between 50 and 100000 Euro. Interest rate and term are set by the borrower.
Currently Toogly only has the [...]
Continue reading → Toogly to apply idea of peer to peer lending to company funding
