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Peer2Peer Finance News | January 17, 2019

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Posts By Hannah Smith

P2P start-up launches to help millennials on to property ladder

January 15, 2019 |

FINTECH start-up StepLadder has launched a peer-to-peer savings platform which aims to help millennials onto the property ladder.

StepLadder says it is the UK’s first collaborative deposit saving platform, inspired by credit unions and building societies.

With the number of … Read More

Consumers to ramp up investment in 2019 despite Brexit woes

January 15, 2019 |

INVESTORS plan to increase the amount they invest this year despite challenging market conditions, according to research by peer-to-peer property investment platform Kuflink.

A survey of 452 investors conducted in December found that the vast majority (91 per cent) plan … Read More

Blend Network beefs up team with senior hire

January 15, 2019 |

FORMER Octopus Property real estate specialist Paul Watson (pictured) has joined peer-to-peer property lender Blend Network.

He takes on the role of head of origination, aiming to grow the firm’s new borrowers and boosting due diligence and customer service.

Watson … Read More doubles new investors in 2018

January 15, 2019 |

LATVIAN peer-to-peer lending platform has reported that it doubled its investor base in 2018 as it expanded its product range and scaled up its lending.

The P2P payday lender said the total volume of investments on its platform hit … Read More

Digital lenders eye IPOs but will investors bite?

January 14, 2019 |

TANDEM Bank has become the latest digital lender to target a stock market flotation, shortly after Zopa revealed it wants to list in two to three years.

But with Funding Circle’s initial public offering (IPO) in September proving a bumpy … Read More

Specialist lenders see flat demand as industry faces three big challenges

January 14, 2019 |

BUSINESS volumes were flat for specialist lenders in the last quarter of 2018, according to the latest CBI/PwC financial services survey, as demand for financial services fell.

The quarterly survey of 84 firms revealed flat or falling business volumes for banks, … Read More

Funding Circle to host cryptocurrency event to promote women in fintech

August 31, 2018 |

FUNDING Circle is to host a panel event focusing on cryptocurrency, described by the organisers as “one of the most interesting but least understood areas of fintech.”

The event is being held in connection with FinTechWomen, a London-based meet-up group, … Read More

Government P2P ‘matchmaking’ scheme helps SMEs secure £15m of funding

August 31, 2018 |

A GOVERNMENT scheme to refer small businesses rejected for bank funding to alternative finance such as peer-to-peer lenders has helped 900 firms secure £15m of funding since launch, new figures reveal.

In just the past 12 months, the Bank Referral … Read More

‘Generation Snowflake’ really does care about retirement  

August 31, 2018 |

THEY are often labelled ‘Generation Snowflake’, caring more about frivolous spending than saving for the future, but new research from Prudential has found Millennials are in fact focused on retirement.

A study conducted by the insurer found that 69 per … Read More

Orca plots crowdfunding campaign to expand P2P platform

August 30, 2018 |

PEER-TO-PEER research provider Orca is planning a crowdfunding campaign to expand its investment service.

The group’s chief executive and co-founder Iain Niblock said its aim is to build a fully functioning aggregation platform for the P2P lending market.

It will … Read More