Lists of alternative financial services

This is the Consumerium list of alternative financial services lists.

The Finnish language URLs http://velallisten.yhteinen.asia and http://vertaislainaajien.yhteinen.asia redirect here.

Spectrum of consumer finance by the lowest troll

• Predatory lending ->

• payday loan ->

• Proletariat finance ->

• peer-to-peer loan ->

• Credit card debt ->

• Bank loan

---

What is alternative finance? What are alternative financial services?

“Alternative Finance refers to financial channels and instruments that have emerged outside of the traditional finance system such as regulated banks and capital markets. Examples of alternative financing activities through 'online marketplaces' are reward-based crowdfunding, equity crowdfunding, peer-to-peer consumer and business lending, invoice trading third party payment platforms.”

~ Wikipedia on alternate finance

“Alternative financial services (AFS) are financial services provided outside traditional banking institutions, on which many low-income individuals depend. In developing countries, these services often take the form of microfinance. In developed countries, the services may be similar to those provided by banks and include payday loans, rent-to-own agreements, pawnshops, refund anticipation loans, some subprime mortgage loans and car title loans, and non-bank check cashing, money orders, and money transfers. It also includes traditional moneylending by door-to-door collection.”

~ Wikipedia on alternative financial services

Often the spectrum ranges from brute loan sharking in operations known as w:payday loans all the way to almost respectable interest taking of non-collateralized loans.

---

Peer-to-peer lending, peer-to-peer investing and socially responsible investing

“Peer-to-peer lending, abbreviated P2PL, is the practice of lending money to unrelated individuals, or "peers", without going through a traditional financial intermediary such as a bank or other traditional financial institution. P2PL is not to be confused with peer to peer investing (P2PI). This lending takes place online on peer-to-peer lending companies' websites using various different lending platforms and credit checking tools. Many also use the abbreviation "P2P" when discussing the peer-to-peer lending or investing industries more generally. Peer-to-peer lending is also known as crowdlending.”

~ Wikipedia on Peer-to-peer lending

“Peer-to-peer investing (P2PI) is the practice of investing money in notes to borrowers who are requesting a loan without going through a traditional financial intermediary and who are unknown to the investor.”

~ Wikipedia on peer-to-peer investing

“Socially responsible investing (SRI), also known as sustainable, socially conscious, "green" or ethical investing, is any investment strategy which seeks to consider both financial return and social good.”

~ Wikipedia on socially responsible investing

“Equity crowdfunding is the online offering of private company securities to a group of people to investment.”

~ Wikipedia on equity crowdfunding

“An ethical bank, also known as a social, alternative, civic, or sustainable bank, is a bank concerned with the social and environmental impacts of its investments and loans. The ethical banking movement includes: ethical investment, impact investment, socially responsible investment, corporate social responsibility, and is also related to such movements as the fair trade movement, ethical consumerism, and social enterprise.”

~ Wikipedia on ethical bank

---

Microfinance and microcredit

“Microfinance is a source of financial services for entrepreneurs and small businesses lacking access to banking and related services.”

~ Wikipedia on microfinance

“Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment and a verifiable credit history.”

~ Wikipedia on microcredit

More reading Impact of microcredit

---

What is APR, why does it matter?

“APR stands for the annual percentage rate.”

~ everyone on annual percentage rate

“[...] In many countries and jurisdictions, lenders (such as banks) are required to disclose the "cost" of borrowing in some standardized way as a form of consumer protection. APR is intended to make it easier to compare lenders and loan options.”

~ Wikipedia on annual percentage rate

“In EU all loaning operations must show the APR for their example loans that they use to market their services.”

~ European Parliament on law regarding advertisement of loans

• APR can range from hundreds of percent to few tens of percent. Credit card debt is usually in the 10-15% zone.

---

Consumerium list of alternative financial services lists

Socially Responsible Investing

• https://www.lendahand.com/ is an online impact investing platform where socially conscious investors can invest in entrepreneurs and sustainable
• Kiva (.org) is an international nonprofit, founded in 2005 and based in San Francisco, with a mission to connect people through lending to alleviate poverty. It provides P2P microcredits in 82 countries - Their slogan is "To connect people through lending to alleviate poverty"
• https://www.openinvest.co/ is a w:Public-benefit corporation offering a platform for making socially responsible investments in USD.
• https://www.swellinvesting.com/ offers w:impact investing services in USD.
• United Prosperity (.org) is a non-profit organization offering P2P microcredit services and operates with PayPal payments. It does not lend directly to the receiver of the loan, but instead a bank. The microcredit offered by the investors is used as collateral for the bank resulting in the bank effectively loaning almost double the amount of money invested by the investor.
• Zidisha (.org) is a non-profit P2P microcredit platform for investing in Africa and Asia. It is the first international P2P microcredit platform ever created.

Cryptocurrency based P2P lending services

• https://www.bitbond.com - Global bitcoin (BTC) based P2P lending initiatives in emerging countries.
• http://www.pointninecap.com/bitbond - BTC based SME funding
• BTCJam (.com) - BTC based P2P loans

---

Multiple countries / currencies

• https://www.twino.eu/ is P2P lending service operating in the EU, Latvia, Poland, Russia, Georgia, Denmark, Spain and Kazakhstan. The site is available in English, German and Latvian.

Africa

Nigeria

• https://www.farmcrowdy.com/ facilitates P2P lending to small farmers in Nigeria
• https://www.cloudfarmfunds.com/ facilitates farmers empowerment and enriching its funders in Nigeria

---

Asia

Australia

List of P2P financial services in Australia

• https://www.societyone.com.au/
• Virgin Money Australia (.com.au)
• Wisr (.com.au) is a publicly listed P2P lending site for consumers in Australia.

China

List of P2P financial services in China

• http://chinarapidfinance.com/

• http://english.creditease.cn/
• Lufax (.com)
• http://www.tuandai.com/
• https://m.wolaidai.com/ by http://www.welab.co/

Hong Kong

List of P2P financial services in Hong Kong

• https://www.welend.hk/en/ by w:WeLab (.co)] is a P2P financing service aimed at private individuals

India

List of P2P financial services in India

• https://cashkumar.com
• http://i2ifunding.com
• Inox Capitals (.com)
• https://www.lendbox.in
• Milaap (.org) microfinance in India and Singapore
• Rang De (.org) microfinance by P2P lending.

Korea

• 8Percent (.kr)is a korean P2P financing service for businesses
• Funda (.kr) is a P2P financing service for SMEs
• Honest Fund (.kr) is a P2P financing service by BMO
• Lendit (.co.kr) is a korean P2P financing service for consumers
• Roof Funding (.com) is a Korean P2P financing service for real estate

Marshall islands

List of P2P financial services in Marshall Islands

• https://btcpop.co/ Bitcoin based P2P loans service

New Zealand

List of P2P financial services in New Zealand

• Harmoney (.co.nz) is a P2P lending service for consumers
• https://www.squirrelmoney.co.nz/ is a P2P lending service for consumers

Singapore

List of P2P financial services in Singapore

• Capable Loans (.loans) - Loans and crowdfunding for individuals and businesses
• w:Capital Match (.com) P2B financing for SMEs in the Southest Asia
• Funding Societies (.com) P2B financing for SMEs
• Minterest (.sg) P2B lending to businesses
• Validus Capital (.sg) P2B lending platform for SMEs and accredited investors

Europe

Austria

List of P2P financial services in Austria

• https://www.dofinance.eu/ service offering auto-investing in loans

Belgium

List of P2P financial services in Belgium

• https://www.lookandfin.com/ is a Belgian P2B loan service for SMEs. Available in French and Dutch.

Bulgaria

• https://www.klearlending.com/ is a bulgarian P2P finance service for consumers.

Cyprus

• http://koronapay.eu/ is international money transfers in Europe

Czech republic

List of P2P financial services in Czech republic

• https://www.ferratump2p.cz/ is a Czech P2P lending service for consumers and SMEs
• https://www.zltymelon.com/ P2P financing service for consumers

Estonia

List of P2P financial services in Estonia

• https://www.bondora.com/et is an Estonia based P2P lending service also available in Finnish, English, German and Spanish. (Formerly https://www.bondora.ee)
• https://www.bulkestate.com/en/ is an Estonian real estate crowdfunding and group-buying platform
• https://crowdestate.eu/ P2P real estate funding service. Founded in 2014.
• https://crowdestor.com/ is an Estonian P2B lending site
• https://envestio.com/ is an Estonian P2B investment platform for real estate and more
• https://estateguru.co/ if a P2P service for secured real estate loans. It was originally called https://www.estateguru.eu/. Founded in 2014.
• https://fundwise.me/en is an equity crowdfunding service. It was founded in 2015.
• https://investly.eu/ is a P2B service for invoice financing. It was founded in 2014.
• https://www.iuvo-group.com/en/ is an Estonian P2P investment platform
• https://www.monestro.com/ is an Estonian P2P lending site for consumers.
• https://www.moneyzen.eu/en is P2P finance service for consumers. It was founded in 2014.
• https://omaraha.ee/en/ is an Estonian P2P lending site for consumers.

Finland

List of Finnish alternative financial services lists

View Consumerium list of price comparison services in Finland for more finance related comparison shopping websites].

List of P2P financial services in Finland

• https://aurorax.co/ is a P2P lending service for consumers. It was founded in 2017.
• https://www.bondora.fi/ - Consumer loans service
• http://www.fellowfinance.fi/ P2P financing service offering consumer and business loans
• https://www.fixura.fi/en-fi/home/ P2P lending service for consumers
• https://kingrahoitus.fi/laina-yksityiselta/
• https://www.lainaaja.fi/ P2P lending service for consumers
• https://vauraus.fi/ is a P2P lending service for businesses.

List of alternative investment schemes in Finland

• https://www.fastinvest.com/en is a service for investors to finance loans given out by an orginator. Also possiblity to invest in an ICO (Initial Coin Offering).
• Funds accumulated by http://korkeatuottoinen.fi/ are being lent out as consumer finance by http://lainasto.com. They claim the preferred shares of lainasto.com are paid interest an 8% yield, paid 12x a year by korkeatuottoinen.fi.

France

List of P2P financial services in France

• https://bolden.fr/ P2B lending service
• https://www.credit.fr/ P2P lending service for SMEs and consumers
• https://en.lendix.com/ is a French P2P financing service for SMEs and individuals. Available also in Spanish, French and Italian.
• https://www.pret-dunion.fr/ crédit « entre particuliers » w:fr:Prêt d’Union -
• http://reassurez-moi.fr/taux-pret-immobilier comparateur open data des banques  »
• https://www.unilend.fr/ is a French P2P lending service for SMEs
• https://www.younited-credit.com/ - Consumer loans, refinancing and insurances
• https://www.pretto.fr/ - real estate broker online and free

Germany

List of P2P financial services in Germany

• https://www.auxmoney.com/ - Geld leihen, Geld anlegen
• Funding Circle (.com) Firmenkredit was previously called w:Zencap (.de).
• https://www.crosslend.com/ is a German B2B investing service
• Lendico (.com) P2B loans platform

List of P2P rental services in Germany

• Erento (.com) P2P rentals

Ireland

List of P2P financial services in Ireland

• https://flender.ie/ P2P financing for consumers
• https://www.gridfinance.ie/ is an Irish P2B financing service for SMEs
• https://www.linkedfinance.com/ P2B financing service for SMEs

Italy

List of P2P financial services in Italy

• http://prestiamoci.it/ P2P loans for consumers
• http://www.smartika.it P2P loans for consumers

Latvia

List of investment services in Latvia

• https://www.grupeer.com/ Investment platform into loans from originators
• https://system.lenndy.com/ is a Latvian P2P investment service that finances both consumer and SME loans
• https://www.mintos.com/en/ Investment platform into loans from originators
• https://peerberry.com/ ab investment platform into loans from originators
• https://robo.cash/ Automated investing into loans from originators
• https://www.swaper.com/ is a Latvian loan marketplace platform offering investments in pre-funded unsecured consumer loans originated by its parent company Wandoo Finance Group.
• https://viainvest.com/ - Investment platform into loans from originators
• https://www.viventor.com/ Investment platform into loans from originators

Lithuania

List of P2P financial services in Lithuania

• https://gosavy.com/ is a Lithuanian P2P investment platform
• https://www.finbee.lt/en/ P2P and P2B loans service for consumers and SMEs
• https://www.neofinance.com/ is a Lithuanian P2P investment platform

Netherlands

List of P2P financial services in Netherlands

• https://www.fundingcircle.com/nl/ provides P2P loans to SMEs
• https://www.geldvoorelkaar.nl/ P2P lending service for SMEs

Poland

List of P2P financial services in Poland

• https://www.finansowo.pl/ P2P loan service for consumers

Portugal

List of P2P financial services in Portugal

• https://www.raize.pt/ is a Portuguese P2P loan service for SMEs. Raize was the first P2P financial service in Europe to go public with it's IPO in 2018

Slovakia

List of P2P financial services in Slovakia

• https://www.zltymelon.com/

Spain

List of P2P financial services in Spain

• https://arboribus.com/ P2B lending service for business loans
• https://www.grow.ly/ P2B lending service for business loans
• https://www.loanbook.es/ P2B lending service for SMEs
• https://www.mytriplea.com/ is a Spanish P2P lending service

Sweden

Lists of P2P financial services in Sweden

• https://lendify.se/ P2P investments and loans for consumers
• https://toborrow.se/sv/ P2P investments and loans for consumers

Switzerland

• https://www.advanon.com/en - A Swiss P2P invoice financing service

UK

• w:Office of Fair Trading
• http://p2pfa.info/ - Peer-to-peer Finance Association of UK

List of P2P financial services in UK

• https://www.ablrate.com/ P2B financing service
• Abundance Investment (.com) P2P funding for ethical and ecological projects and endeavors.
• https://www.archover.com/ P2P financing for businesses
• Assetz Capital (.co.uk)
• https://blendnetwork.com/ is a P2B lending service for established businesses which can provide collateral
• BondMason (.com) P2P lending
• https://www.thebridgecrowd.com/ P2P real estate loans secured by real estate
• https://www.britishpearl.com/ is a P2P real estate financing service where you can invest in shares in properties or issue a loan. Has ISA investing available
• https://www.burnleysavingsandloans.co.uk/ P2P loans for consumers and companies. Vehicle loans and refinancing
• http://www.buy2letcars.com/ P2P funding for purchasing cars to lease out to individuals.
• https://www.capitalstackers.com/ is a P2P lending service for real estate
• https://www.creditpeers.com/ is a Peer-to-Business (P2B) property lending platform
• https://www.crowd2fund.com/ P2P financing for businesses
• https://www.crowdcube.com/ P2B financing for SMEs and startups
• http://crowdestates.com/ P2P funding of real estate developments
• https://crowdforangels.com/ P2P bonds and shares based financing for businesses
• https://www.crowdproperty.com/ P2P funding for real estate deals
• https://www.crowdstacker.com/ P2B lending service
• https://www.downingcrowd.co.uk/ P2B lending service
• https://easymoney.com/ is a P2P real estate financing service offering ISA investments
• EdAid (.com) finance your university tuitition via crowdfunding
• https://www.elevateinvest.com/ P2P real estate oriented lending service
• https://www.fitzroviafinance.com/ is a P2P property backed real estate financing service
• Folk2Folk (.com)
• https://www.formaxcredit.co.uk/ is P2B financing service that will soon be offering ISA.
• w:Funding Circle (.com)- investor-to-business loans
• https://www.fundingknight.com/
• https://www.fundingsecure.com/ P2P asset secured loans
• https://go2businessloans.co.uk/ P2B loan service
• https://www.growthstreet.co.uk/ P2P financing for businesses
• http://www.hl.co.uk/ Hargreaves Lansdown P2P financing and other financial services
• https://www.hnwlending.co.uk/ P2P finance service specialized in catering to High Net Worth (HNW) individuals who secure the loans with assets.
• https://www.thehousecrowd.com/ is an UK P2P financing service where the loans are collateralized by real estate
• http://www.investandfund.com/ P2P lending to residential property developments
• https://invest.kuflink.co.uk/ P2P lending for real estate. Features select-invest, ISA and auto-invest
• https://www.justus.co/ P2P finance for consumer mortgages and loans
• https://www.koyoloans.com/ Koyo Loans
• Landbay (.co.uk) is a peer-to-peer lending platform for residential buy-to-let mortgages
• LandlordInvest (.com) buy-to-let and renovating secured by real estate P2P investments and loans
• https://www.lendable.co.uk/ P2P finance for private individuals
• LendingCrowd (.com) - lending to SMBs
• Lending Works (.co.uk) is the first UK P2P lending company that includes credit default protection for the lenders
• LendInvest (.com) secured P2P real estate loans
• https://lendy.co.uk/ P2P lending for real estate with loans secured by the real estates
• https://www.marketinvoice.com invoice financing
• https://www.moneyandco.com/home P2P financing for businesses
• https://themoneyplatform.com/ short term competitive P2P lending service
• https://www.moneything.com/ is a P2P financing service for large collateralized loans
• https://www.newable.co.uk/ is a P2B financing service that offers ability to invest via funds or your own investment portfolio.
• https://octopuschoice.com/ realty backed P2P investment service
• https://www.orchardlendingclub.com/ is a P2P lending site that lends to insurance brokers, legal and accountancy firms and schools and parents
• https://www.peerfunding.co.uk/ P2B lending service
• https://primestox.com/ P2P site for financing food production and distribution
• https://www.propertycrowd.com/ secured P2P loans for real estate. Has IFISA eligible products available
• https://www.proplend.com/ secured P2P lending for businesses
• https://www.quidcycle.com/ P2P financing for consumers including refinancing
• w:RateSetter (.com)
• RebuildingSociety (.com) small business loans
• https://trading.relendex.com/ P2B real estate loans. Has self-select and secured-portfolio ISA investment products
• https://www.sancus.com/ Guernsey-based P2P lending service servicing SMEs
• https://www.savingstream.co.uk/
• https://www.simplecrowdfunding.co.uk/ offers P2P ISA real estate investments and loans
• https://stemfund.com/ P2B loans
• ThinCats (.com) investor-to-business loans
• https://www.trufis.com/ P2B lending service
• https://www.ukbondnetwork.com/ P2P service enabling investing in bonds or financing your business
• Unbolted (.com)
• https://www.wellesley.co.uk/ - w:Wellesley & Co.
• Virgin Money UK (.com)
• https://welendus.com/ is a P2P lending service for consumers
• https://www.yesgrowth.com/ secured and unsecured P2B loans
• w:Zopa (.com). The oldest P2P lending site on Planet Earth
• LendingCrowd (.com)

Lists of P2P financial services in UK

• Guardian profiled major peer-to-peer lenders in 2014 story

Middle East

Israel

List of P2P financial services in Israel

• BLender p2p (.co.il) P2P consumer loans
• http://www.creditplace.com/ SMB loans
• https://www.eloan.co.il/ consumer loans
• TARYA consumer loans
• http://www.loan4u.co.il/ consumer loans
• http://www.wsci.org.il/ consumer loans
• https://best-price.co.il/ consumer loans

United Arab Emirates

List of P2P financial services in UAE

• https://www.beehive.ae/ P2B loans platform offering business finance and invoice financing

South America

Brasilia

List of P2P financial services in Brasilia

• https://www.nexoos.com.br/ P2P lending service for loans to SMEs

North America

Canada

Lists of P2P financial services in Canada

• Optimize Capital Markets (.com) business financing service

USA

• http://www.consumerfinance.gov/
• http://www.responsiblelending.org/
• http://cfsaa.com/ - The Community Financial Services Association of America (CFSA) is trade association representing the interests of the USian payday lending industry.

• More reading alternative financial services in the United States

Lists of P2P financial services in USA

• https://www.fundingcircle.com/us/ - P2B platform for investor to business SME loans
• Groundfloor (.us) P2P crowdfunded real estate investing
• Invest Next Door (.com) - P2B SME loans
• Lending Club (.com) P2P loaning platoform for consumers
• Peerform (.com) P2P loaning platform for consumers
• Prosper Marketplace (.com) P2P loaning platform for consumers and debt consolidation
• SoFi (.com) P2P lending service for consumers: refinancing, consumer loans and mortgages
• Upstart (.com) P2P loaning platform for consumers.

---

Links to useful information on P2P lending

• Various comparison charts of P2P sites at p2pmoney.co.uk
• Trusted reviews of UK P2P Lending Platforms at p2previews.co.uk
• P2P Lending Marketplace News and Reviews at p2p-banking.com
• Compare P2P lending platforms at p2plendingsites.com
• P2P lender reviews & actual returns with screenshots published monthly obviousinvestor.com
• P2P Lending Investing and Analytics Tools and more at lendingmemo.com
• News & information for Crowdfunding People at Crowdfundbeat.com
• Unbiased p2p lending company reviews & DIY investing information at financialthing.com
• Peer to Peer Lending Sites - Full List