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News

Squirrel Money to launch peer-to-peer lending

Monday 10 August 2015 10:47 CET | News

New Zealand peer-to-peer lender Squirrel Money has been licensed by the Financial Markets Authority to launch a peer-to-peer (P2P) lending service.

Squirrel Money will focus on providing both secured and unsecured personal loans of up to USD 70,000.

Squirrel Money protects investors’ money through its reserve fund called Loan Shield.


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Keywords: Squirrel Money, peer-to-peer, lending, lender, Financial Markets Authority, P2P, New Zealand, Loan Shield
Categories: Banking & Fintech
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Countries: World
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