Lending Loop reopens peer-to-peer lending after regulator OK: Reuters
Canadian financial technology startup Lending Loop said this week it was re-launching its online lending marketplace after receiving regulator approval to sell investment opportunities to lenders regardless of their wealth, Reuters reported. The approval, which follows a rival company's green light last month, suggests Canadian regulators are coming to terms with the peer-to-peer lending model, which is already popular in the United States, Europe and elsewhere.
24 October 2016•2 mins read
