LendInvest earnings soar as it looks to disrupt ‘slow moving’ banks

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LendInvest earnings soar as it looks to disrupt ‘slow moving’ banks Wharton just released an online fintech course for the masses Facebook’s Crypto payments solution libra Now Seeking $1 Billion in Investments

ONLINE property lender LendInvest has reported an 82 per cent jump in core earnings, as it looks to disrupt the UK mortgage market. lendinvest, which used to be a peer-to-peer lender before it shut its platform to retail investors, posted core earnings of 4m for the year ended 31 March 2019, up from 2.2m the previous year.

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In traditional banking, banks borrow money from depositors (checking accounts, saving accounts, 1-year GICs, and so forth) paying them from 0% – 0.5% [roughly today’s rates]. They also lend money to borrowers, lets say, on a mortgage (typically repaid in 7.5 years or so on average) at around 3.5%.

LendInvest earnings soar as it looks to disrupt ‘slow moving’ banks (P2P Finance News), Rated: aaa online property lender lendinvest has reported an 82 per cent jump in core earnings, as it looks to disrupt the UK mortgage market.

LendInvest earnings soar as it looks to disrupt slow moving’ banks LendInvest earnings soar as it looks to disrupt ‘slow moving’ banks (p2p Finance News), rated: aaa online property lender lendinvest has reported an 82 per cent jump in core earnings, as it looks to disrupt the UK mortgage market.

do more than trade: they produce, innovate, lend, invest, and are the major drivers of global growth.. Canada has been slow to recognize and build on these opportunities. Fund, the New Development Bank – are testament to Chinese efforts to. Forward momentum in bilateral relations should look towards enhancing.