Home Tags Peer To Peer Lending

Tag: Peer To Peer Lending

This influential Tory MP thinks the UK needs to continue its ‘light touch’ approach to fintech to encourage growth: ‘It’s not ...

Adam Afriyie, the head of the All Party Parliamentary Group on Fintech, told BI that the UK's fintech advantage is not our "birthright."
Funding Circle's co-founders, from left, Andrew Mullinger, Samir Desai, and James Meekings.

The UK’s ‘alternative finance’ industry is now worth £4.6 billion

Peer-to-peer lending and crowdfunding grew by 43% last year in Britain.

Peer-to-peer lender RateSetter’s losses jump as it takes a hit from bad loan to ad company

The loss was inflated by a £12 million loan to an advertising company that RateSetter subsequently took over after it got into financial difficulty.

Peer-to-peer lender RateSetter gets stamp of approval from UK financial watchdog

CEO Rhydian Lewis said that getting regulated has been "a long but positive journey during which we have learnt a lot."

Peer-to-peer lender Lendy Finance applies for City watchdog authorisation

The Financial Conduct Authority is said to be looking into the lender's books, as part of concerns about due diligence and default rates.
Jörg Asmussen.

Ex-ECB board member Jorg Asmussen leaves Funding Circle board for advisory role

Jörg Asmussen is stepping down as a non-executive director at Funding Circle after a year and a half.
One of Funding Circle's new billboard adverts.

Funding Circle hits £50 million in revenue as CEO restates IPO ambitions

CEO Samir Desai told Business Insider: 'We believe that our business should be a public company.'
Lendy Finance, where a quarter of the loan book is considered to be in default, recently sponsored regatta sailing event Cowes Week.

UK peer-to-peer lending is about to face its toughest test since the sector was born

Any consumer downturn could mean the first serious test of peer-to-peer underwriting standards.

Funding Circle is kicking off a £12 million marketing bonanza with a Great British Bake Off TV ad

Funding Circle is launching its new 'Made to Do More' campaign with a TV advert during the premiere of the hit baking show on Channel 4 on Tuesday.

A company that helps students in developing countries go to top universities has raised $240 million

Prodigy Finance connects students in emerging markets with alumni of top universities who will lend them money to fund their studies.