P2P lender launches funding for divorce suits

P2P lender launches funding for divorce suits
Victoria Young
Peer-to-peer lender Zagga has moved into litigation loans to help those who would not otherwise be able to fund a family law case. Zagga, formerly known as LendMe, has had more than 1,000 retail investors fund 150 loans worth more than $33 million in New Zealand and $240 million in Australia.It now has its eye on relationship property and estate disputes. Last month it issued its first loan for a claimant to get what she believes she is entitled to under separation laws. Investors put in at least $50,000 each for the $600,000 two-year...

More Law & Regulation

Developer Profico Group in liquidation
Property

Developer Profico Group in liquidation

Profico Group developed in both Christchurch and Auckland.

TTR seabed mining bid not affected by law change
Primary Sector

TTR seabed mining bid not affected by law change

No-go zones will not apply to controversial mining bid.

Govt's Online Casino Gambling Bill fumble
Law & Regulation Opinion

Govt's Online Casino Gambling Bill fumble

Still time to avoid this massive legislation error that comes at a cost to the community.

Seeking a faster, sharper ComCom
Economy

Seeking a faster, sharper ComCom

A ‘gold standard’ approach and siloed structure slow the ComCom down.