Beehive Blog

Welcome to the Beehive blog where we will post up the latest developments and news from Beehive and the peer-to-peer lending industry as well as market trends, best practice and expert advice from our team and guest bloggers.

Peer-to-peer lenders play their part to bridge SME funding gap

With bank lending to small businesses stuck at less than 4 per cent and a lack of traction to fill the void between financial institutions and government, peer-to-peer lending has emerged as a viable funding alternative in the UAE.

“We’re not going to solve the funding gap problem [but we] are a piece of the jigsaw,” said Rick Pudner, chairman of the peer-to-peer lending platform Beehive and until last year the chief executive of Emirates NBD.

 » Read more about: Peer-to-peer lenders play their part to bridge SME funding gap  »

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New U.A.E. Peer-to-Peer Lender Aims at Small-Business Funding Gap

Peer-to-peer lending has been around for roughly a decade, sprouting in the U.K. and quickly catching on in the U.S., but it hadn’t existed in the Middle East until the launch this week of Beehive, a new business that aims at securing financing for small businesses in the United Arab Emirates.

The peer-to-peer lending concept is simple. It cuts out banks and lets people lend directly to one another (or, in this case,

 » Read more about: New U.A.E. Peer-to-Peer Lender Aims at Small-Business Funding Gap  »

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Arabian Business interviews our Chairman, Rick Pudner

Sitting down with Rick Pudner almost a year after Arabian Business broke the news he was resigning as group CEO of Emirates NBD, there are two things you instantly notice about his appearance.
His snow white locks could well be a by-product of leading Dubai’s largest bank through the region’s biggest financial crisis, the fallout from the Dubai World debt restructuring and the late nights in meetings trying to stitch the country’s banking system back together.

 » Read more about: Arabian Business interviews our Chairman, Rick Pudner  »

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Welcome to the Beehive blog

Welcome to the new Beehive blog where we will post up the latest developments and news from Beehive and the peer-to-peer lending industry as well as market trends, best practice and expert advice from our team and guest bloggers. In the coming months we will be using this space to introduce you to Beehive and familiarise you with the concept of Peer to peer financing. We are very excited about the future as Beehive just keeps growing more and more.

 » Read more about: Welcome to the Beehive blog  »

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WSJ: New U.A.E. Peer-to-Peer Lender Aims at Small-Business Funding Gap

Peer-to-peer lending has been around for roughly a decade, sprouting in the U.K. and quickly catching on in the U.S., but it hadn’t existed in the Middle East until the launch this week of Beehive, a new business that aims at securing financing for small businesses in the United Arab Emirates.

The peer-to-peer lending concept is simple. It cuts out banks and lets people lend directly to one another (or, in this case,

 » Read more about: WSJ: New U.A.E. Peer-to-Peer Lender Aims at Small-Business Funding Gap  »

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