Lendico Announces Large Influx of Institutional Capital – Repositions in some Markets

Lendico logoGerman p2p lending service Lendico announced yesterday that an unnamed international hedge fund and 2 german banks will invest over 100 million Euro in loans on the Lendico marketplaces. The management sees that as a mark of confidence. Lendico is committed to increase activities in its growing core markets and plans to expand the product into SME loans. Continue reading