Lists of alternative financial services: Difference between revisions
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= Consume(er)ium list of alternative financial services lists = | |||
This is the Consume(er)ium list of [[w:alternative financial services]] lists. | |||
Spectrum of consumer finance | Spectrum of consumer finance | ||
[[w:Predatory lending|Predatory lending]] -> [[w:Payday loan| | [[w:Predatory lending|Predatory lending]] -> [[w:Payday loan|Payday loan]] -> Consumer finance -> [[w:Peer-to-peer lending|Peer-to-peer loan]] -> credit card debt -> bank loan | ||
== What is alternative finance? What are alternative financial services? == | == What is alternative finance? What are alternative financial services? == | ||
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* APR can range from '''hundreds of percent''' to '''few tens''' of percent. Credit card debt is usually in the 10-15% zone. | * APR can range from '''hundreds of percent''' to '''few tens''' of percent. Credit card debt is usually in the 10-15% zone. | ||
== Peer-to-peer lending | == Peer-to-peer lending and peer-to-peer investing == | ||
{{Q|'''Peer-to-peer lending''', abbreviated '''P2PL''', is the practice of [[w:loan|lending]] money to unrelated individuals, or "peers", without going through a traditional [[w:financial intermediary|financial intermediary]] such as a bank or other traditional [[w:financial institution|financial institution]]. P2PL is not to be confused with [[w:peer to peer investing|peer to peer investing]] (P2PI). This lending takes place online on peer-to-peer lending companies' websites using various different lending [[w:Computing platform|platforms]] and [[w:credit check|credit check]]ing 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| | {{Q|'''[[w:Peer-to-peer lending|Peer-to-peer lending]]''', abbreviated '''P2PL''', is the practice of [[w:loan|lending]] money to unrelated individuals, or "peers", without going through a traditional [[w:financial intermediary|financial intermediary]] such as a bank or other traditional [[w:financial institution|financial institution]]. P2PL is not to be confused with [[w:peer to peer investing|peer to peer investing]] (P2PI). This lending takes place online on peer-to-peer lending companies' websites using various different lending [[w:Computing platform|platforms]] and [[w:credit check|credit check]]ing 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|peer-to-peer lending}} | ||
{{Q| | {{Q|'''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|[[w:peer-to-peer investing]]}} | ||
== Microfinance and microcredit == | == Microfinance and microcredit == | ||
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:: More reading [[w:Impact of microcredit|Impact of microcredit]] | :: More reading [[w:Impact of microcredit|Impact of microcredit]] | ||
- | * https://www.zidisha.org/ - microcredit [[w:Zidisha]] | ||
= | == Socially responsible investing == | ||
{{Q|'''Socially responsible investing''' ('''SRI'''), also known as sustainable, socially conscious, "green" or ethical investing, is any [[w:investment|investment]] [[w:strategy|strategy]] which seeks to consider both [[w:financial return|financial return]] and [[w:social good|social good]].|Wikipedia|[[w:socially responsible investing|socially responsible investing]]}} | |||
{{Q|An '''[[w:ethical bank|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: [[w:ethical investment|ethical investment]], [[w:Impact investing|impact investment]], socially responsible investment, [[w:corporate social responsibility|corporate social responsibility]], and is also related to such movements as the [[w:fair trade|fair trade]] movement, [[w:ethical consumerism|ethical consumerism]], and [[w:social enterprise|social enterprise]].|Wikipedia|ethical bank}} | |||
= Asia = | = Asia = | ||
== Australia == | == Australia == | ||
== List of P2P financial services in Australia == | |||
* https://www.societyone.com.au/ | * https://www.societyone.com.au/ | ||
== China == | == China == | ||
== List of P2P financial services in China == | |||
* | * China Rapid Finance | ||
* | * CreditEase | ||
* https://www.lu.com/ - [[w:Lufax]] | * https://www.lu.com/ - [[w:Lufax]] | ||
* | * Tuandai | ||
* | * DianRong | ||
* https://m.wolaidai.com/ by http://www.welab.co/ | * https://m.wolaidai.com/ by http://www.welab.co/ | ||
== Hong Kong == | == Hong Kong == | ||
== List of P2P financial services in Honk Kong == | |||
* https://www.welend.hk/ by http://www.welab.co/ | * https://www.welend.hk/ by http://www.welab.co/ | ||
== India == | == India == | ||
== List of P2P financial services in India == | |||
* | * https://www.i2ifunding.com | ||
== New Zealand == | == New Zealand == | ||
== List of P2P financial services in New Zealand == | |||
* https://www.harmoney.co.nz/ - [[w:Harmoney]] | * https://www.harmoney.co.nz/ - [[w:Harmoney]] | ||
== Singapore == | == Singapore == | ||
== List of P2P financial services in Singapore == | |||
* https://www.fundingsocieties.com/ | * https://www.fundingsocieties.com/ | ||
== United Arab Emirates == | |||
== List of P2P financial services in UAE == | |||
* https://www.beehive.ae/ | |||
= Europe = | = Europe = | ||
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=== List of P2P financial services in Estonia === | === List of P2P financial services in Estonia === | ||
* https://www.bondora.ee/ | * https://www.bondora.ee/ | ||
* | * Estateguru (2014), Crowdestate (2014), MoneyZen (2014), Investly (2014) and Fundwise (2015). | ||
== Finland == | == Finland == | ||
=== List of Finnish alternative financial services lists === | === List of Finnish alternative financial services lists === | ||
* http://www.kuluttajaluotot.com/ | |||
* http://www.lainaa-netista.com/ | |||
* http://vippi.biz/vippivertailu/ | |||
=== List of P2P financial services in Finland === | === List of P2P financial services in Finland === | ||
* https://www.bondora.fi/ | * https://www.bondora.fi/ | ||
* http://www.fellowfinance.fi/ | * http://www.fellowfinance.fi/ | ||
* https:// | * https://fixura.fi/ | ||
* https://www.lainaaja.fi/ | * https://www.lainaaja.fi/ | ||
* https://www.trustbuddy.fi/ by TrustBuddy AB (NO) | * https://www.trustbuddy.fi/ by TrustBuddy AB (NO) | ||
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* http://friendsclear.com/ - entre entrepreneurs et investisseurs | * http://friendsclear.com/ - entre entrepreneurs et investisseurs | ||
* https://www.pret-dunion.fr/ crédit « entre particuliers » [[w:fr:Prêt d’Union]] - | * https://www.pret-dunion.fr/ crédit « entre particuliers » [[w:fr:Prêt d’Union]] - | ||
== Germany == | == Germany == | ||
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* http://prestiamoci.it/ | * http://prestiamoci.it/ | ||
* http://www.smartika.it | * http://www.smartika.it | ||
== Poland == | == Poland == | ||
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=== List of UK alternative financial services lists === | === List of UK alternative financial services lists === | ||
=== | |||
=== Lists of P2P financial services in UK === | |||
* https://www.assetzcapital.co.uk/ [[w:Assetz Capital]] | * https://www.assetzcapital.co.uk/ [[w:Assetz Capital]] | ||
* https://www.folk2folk.com/ [[w:Folk2Folk]] | * https://www.folk2folk.com/ [[w:Folk2Folk]] | ||
* https://www.fundingcircle.com/uk/ - investor-to-business loans [[w:Funding Circle]] | * https://www.fundingcircle.com/uk/ - investor-to-business loans [[w:Funding Circle]] | ||
* https://www.fundingknight.com/ | * https://www.fundingknight.com/ | ||
* https://www.ratesetter.com/ - [[w:RateSetter]] | * https://www.ratesetter.com/ - [[w:RateSetter]] | ||
* https://www.rebuildingsociety.com/ small business loans [[w:rebuildingsociety.com]] | * https://www.rebuildingsociety.com/ small business loans [[w:rebuildingsociety.com]] | ||
* https://www.thincats.com investor-to-business loans [[w:ThinCats]] | * https://www.thincats.com investor-to-business loans [[w:ThinCats]] | ||
* http://www.zopa.com/ by [[w:Zopa]] Limited. The oldest P2P lending site on Planet Earth | * http://www.zopa.com/ by [[w:Zopa]] Limited. The oldest P2P lending site on Planet Earth | ||
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* http://www.p2pmoney.co.uk/companies.htm | * http://www.p2pmoney.co.uk/companies.htm | ||
* [http://www.theguardian.com/money/2014/feb/15/major-peer-to-peer-lenders-profiled Guardian profiled major peer-to-peer lenders in 2014 story] | * [http://www.theguardian.com/money/2014/feb/15/major-peer-to-peer-lenders-profiled Guardian profiled major peer-to-peer lenders in 2014 story] | ||
= North America = | = North America = | ||
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=== Lists of P2P financial services in USA === | === Lists of P2P financial services in USA === | ||
* https://www.fundingcircle.com/us/ - investor to business loans | * https://www.fundingcircle.com/us/ - investor to business loans | ||
* https://www.lendingclub.com/ - [[w:Lending Club]] | * https://www.lendingclub.com/ - [[w:Lending Club]] | ||
* https://www.prosper.com/ - [[w:Prosper Marketplace]] | * https://www.prosper.com/ - [[w:Prosper Marketplace]] | ||
* https://www.upstart.com/ [[w:Upstart (company)]] | * https://www.upstart.com/ [[w:Upstart (company)]] | ||
Revision as of 15:19, 16 August 2016
Consume(er)ium list of alternative financial services lists
This is the Consume(er)ium list of w:alternative financial services lists.
Spectrum of consumer finance
Predatory lending -> Payday loan -> Consumer 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.”
“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.”
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.
What is APR, why does it matter?
“APR stands for the 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.”
“In EU all loaning operations must show the APR for their example loans that they use to market their services.”
- APR can range from hundreds of percent to few tens of percent. Credit card debt is usually in the 10-15% zone.
Peer-to-peer lending and peer-to-peer 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.”
“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.”
Microfinance and microcredit
“Microfinance is a source of financial services for entrepreneurs and small businesses lacking access to banking and related services.”
“Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment and a verifiable credit history.”
- More reading Impact of microcredit
- https://www.zidisha.org/ - microcredit w:Zidisha
Socially responsible 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.”
“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.”
Asia
Australia
List of P2P financial services in Australia
China
List of P2P financial services in China
- China Rapid Finance
- CreditEase
- https://www.lu.com/ - w:Lufax
- Tuandai
- DianRong
- https://m.wolaidai.com/ by http://www.welab.co/
Hong Kong
List of P2P financial services in Honk Kong
India
List of P2P financial services in India
New Zealand
List of P2P financial services in New Zealand
Singapore
List of P2P financial services in Singapore
United Arab Emirates
List of P2P financial services in UAE
Europe
Lists of P2P financial services in Europe
Estonia
List of P2P financial services in Estonia
- https://www.bondora.ee/
- Estateguru (2014), Crowdestate (2014), MoneyZen (2014), Investly (2014) and Fundwise (2015).
Finland
List of Finnish alternative financial services lists
List of P2P financial services in Finland
- https://www.bondora.fi/
- http://www.fellowfinance.fi/
- https://fixura.fi/
- https://www.lainaaja.fi/
- https://www.trustbuddy.fi/ by TrustBuddy AB (NO)
Lists of P2P financial services in Finland
List of alternative investment schemes in Finland
- Funds accumulated by http://korkeatuottoinen.fi/ are being lent out as consumer and business 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
- http://friendsclear.com/ - entre entrepreneurs et investisseurs
- https://www.pret-dunion.fr/ crédit « entre particuliers » w:fr:Prêt d’Union -
Germany
List of P2P financial services in Germany
- https://www.auxmoney.com/ - Geld leihen, Geld anlegen
- https://www.lendico.com/ - w:Lendico
- http://www.smava.de/ Smava Privatkredit und Autokredit
- https://www.zencap.de/ Firmenkredit w:Zencap.
Italy
List of P2P financial services in Italy
Poland
List of P2P financial services in Poland
Sweden
Lists of P2P financial services in Sweden
UK
- w:Office of Fair Trading
- http://p2pfa.info/ - Peer-to-peer Finance Association of UK
List of UK alternative financial services lists
Lists of P2P financial services in UK
- https://www.assetzcapital.co.uk/ w:Assetz Capital
- https://www.folk2folk.com/ w:Folk2Folk
- https://www.fundingcircle.com/uk/ - investor-to-business loans w:Funding Circle
- https://www.fundingknight.com/
- https://www.ratesetter.com/ - w:RateSetter
- https://www.rebuildingsociety.com/ small business loans w:rebuildingsociety.com
- https://www.thincats.com investor-to-business loans w:ThinCats
- http://www.zopa.com/ by w:Zopa Limited. The oldest P2P lending site on Planet Earth
Lists of P2P financial services in UK
North America
Canada
Lists of P2P financial services in Canada
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