Lists of alternative financial services: Difference between revisions
(→List of P2P financial services in UK: + https://www.fundingsecure.com/ P2P asset secured loans) |
(→Multiple countries / global: + https://www.bitbond.com - Global BTC based P2P lending) |
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= Multiple countries / global = | = Multiple countries / global = | ||
* https://www.bitbond.com - Global BTC based P2P lending | |||
* http://www.pointninecap.com/bitbond - Bitcoin based SME funding | * http://www.pointninecap.com/bitbond - Bitcoin based SME funding | ||
* https://btcjam.com/ - [[w:BTCJam]] P2P loans using [[w:bitcoin|bitcoin]]s | * https://btcjam.com/ - [[w:BTCJam]] P2P loans using [[w:bitcoin|bitcoin]]s | ||
Revision as of 15:33, 22 May 2017
This is the Consum(er)ium list of alternative financial services lists.
http://velallisten.yhteinen.asia and http://vertaislainaajien.yhteinen.asia redirect here.
Consum(er)ium list of alternative financial services lists
Spectrum of consumer finance
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.”
“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, 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.”
“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.”
“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.”
“Equity crowdfunding is the online offering of private company securities to a group of people to investment.”
“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.”
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
Multiple countries / global
- https://www.bitbond.com - Global BTC based P2P lending
- http://www.pointninecap.com/bitbond - Bitcoin based SME funding
- https://btcjam.com/ - w:BTCJam P2P loans using bitcoins
- http://www.kiva.org/ w:Kiva (organization) microcredit in 82 countries - "To connect people through lending to alleviate poverty"
- https://loanbase.com/
- https://www.twino.eu/
- http://www.unitedprosperity.org/ - w:United Prosperity (organisation)
- http://www.vittana.org/ - w:Vittana microcredit for the developing world
- https://www.zidisha.org/ - w:Zidisha microcredit for Africa and Asia
Meta-Searches
- http://www.p2pmoney.co.uk/companies.htm comparison chart of P2P sites
Asia
Australia
List of P2P financial services in Australia
China
List of P2P financial services in China
- http://chinarapidfinance.com/
- http://english.creditease.cn/
- https://www.lu.com/ - w:Lufax
- http://www.tuandai.com/
- https://www.dianrong.com/ w:Dianrong.com
- 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
Europe
Lists of P2P financial services in Europe
Czech republic
List of P2P financial services in Czech republic
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://crowdestate.eu/ (2014)
- https://estateguru.co/ was originally named https://www.estateguru.eu/ (2014)
- https://fundwise.me/en (2015) - Equity crowdfunding
- https://investly.eu/ (2014)
- https://www.moneyzen.eu/ (2014)
Finland
List of Finnish alternative financial services lists
View Consum(er)ium list of price comparison services in Finland for more finance related comparison shopping websites].
List of P2P financial services in Finland
- https://www.bondora.fi/
- http://www.fellowfinance.fi/
- https://www.fixura.fi/fi-fi/home/
- 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 -
- http://reassurez-moi.fr/taux-pret-immobilier comparateur open data des banques »
- https://www.younited-credit.com/
Germany
List of P2P financial services in Germany
- https://www.auxmoney.com/ - Geld leihen, Geld anlegen
- https://www.fundingcircle.com/de/ Firmenkredit was previously called w:Zencap (.de).
- https://www.lendico.com/ - w:Lendico
- http://www.smava.de/ Smava Privatkredit und Autokredit
Italy
List of P2P financial services in Italy
Lithuania
List of P2P financial services in Lithuania
Netherlands
List of P2P financial services in Netherlands
- https://www.fundingcircle.com/nl/ provides P2P loans to SMEs
Poland
List of P2P financial services in Poland
Slovakia
List of P2P financial services in Slovakia
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 P2P financial services in UK
- https://www.abundanceinvestment.com/ P2P funding for ethical and ecological projects and endeavors.
- https://www.assetzcapital.co.uk/ w:Assetz Capital
- https://www.burnleysavingsandloans.co.uk/ loans for individuals and companies in Burnley and Lancashire
- http://www.buy2letcars.com/ P2P funding for purchasing cars to lease out to individuals.
- https://www.folk2folk.com/ w:Folk2Folk
- https://www.fundingcircle.com/uk/ - investor-to-business loans w:Funding Circle
- https://www.fundingknight.com/
- https://www.fundingsecure.com/ P2P asset secured loans
- https://landbay.co.uk/ - w:Landbay is a peer-to-peer lending platform for residential buy-to-let mortgages
- https://www.lendingcrowd.com/ - w:LendingCrowd lending to SMBs
- https://www.lendingworks.co.uk/ w:Lending Works is the first UK P2P lending company that includes credit default protection for the lenders
- https://www.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.ratesetter.com/ - w:RateSetter
- https://www.rebuildingsociety.com/ small business loans w:rebuildingsociety.com
- https://www.savingstream.co.uk/
- https://www.thincats.com investor-to-business loans w:ThinCats
- https://unbolted.com/uk/ w:Unbolted
- https://www.wellesley.co.uk/ - w:Wellesley & Co.
- http://www.zopa.com/ by w:Zopa Limited. The oldest P2P lending site on Planet Earth
- https://www.lendingcrowd.com/
Lists of P2P financial services in UK
Middle East
Israel
List of P2P financial services in Israel
- https://www.blender.co.il/ 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
United Arab Emirates
List of P2P financial services in UAE
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
Lists of P2P financial services in USA
- https://www.fundingcircle.com/us/ - investor to business loans
- https://www.investnextdoor.com/ - w:Invest Next Door P2P SMB loans
- https://www.lendingclub.com/ - w:Lending Club
- https://www.peerform.com/ - w:Peerform
- https://www.prosper.com/ - w:Prosper Marketplace
- https://www.upstart.com/ w:Upstart (company)