Businesses across Europe have reported vastly different experiences in their efforts to secure the financial support promised by their respective...
Small business P2P lender Lendix has announced expansion to Italy; based in Paris the Italy expansion follows expansion to Spain in 2016; Lendix has hired Sergio Zocchi who will be the CEO for the new Italy business based in Milan; as of December 31, 2016 Lendix had originated 57 million euros ($61.01 million) in loans; it is also rumored that the firm plans to continue its expansion across Europe in 2017 with a new office potentially opening in the UK. Source
[Editor’s note: This is a guest post from Edoardo Matarrese and Roberto Condulmar of P2P Lending Italia an Italian language site focused on...
Extraordinary times call for extraordinary measures. The EU announced last week that it would suspend the Growth and Stability Pact....
Italian invoice trading platform Workinvoice has packaged 5 million euros ($5.31 million) worth of receivables financed through its platform in a securitization vehicle; the receivables portfolio was purchased by Italian portfolio manager Factor@Work; the securitization deal represents a new source of capital interest for the invoice receivables market. Source