Key among them is registration with securities commissions in most Canadian provinces, according to Cato Pastoll, chief executive and co-founder of the financial technology firm. Lending Loop, which became the first online lender in Canada to offer US-style peer-to-peer lending last year, has reopened its marketplace after being sidelined by local regulators earlier in 2016. The company said it is now accepting applications for loans of up to $8,000 and will be offering a new product called “Payday Lender” that allows borrowers to pay back their balances within
Lending Loop, which became the first online lender in Canada to offer US-style peer-to-peer lending last year, has reopened its marketplace after being sidelined by local regulators earlier in 2016. The company said it is now accepting applications for loans of up to $8,000 and will be offering a new product called “Payday Lender” that allows borrowers to pay back their balances within