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Peer2Peer Finance News | June 20, 2018

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Posts By John Fitzsimons

Budget: P2P calls for better access to finance for SMEs and higher ISA limit

November 21, 2017 |

PEER-TO-PEER lenders have outlined some of their hopes for Wednesday’s Budget, including calls to improve small- and medium-sized enterprises’ (SME) access to finance and a larger tax-free ISA allowance.

Liam Brooke, co-founder of property platform Lendy, said the top priority … Read More

SMEs doubt Budget will meet their needs

November 21, 2017 |

AROUND two-thirds of small- and medium-sized enterprise (SME) bosses do not believe this week’s Budget will address their concerns.

That’s according to the latest Aldermore Future Attitudes study, which surveyed more than a thousand decision-makers at small and medium-sized businesses … Read More

Entrepreneurs target funding in 2018

November 21, 2017 |

THE MAJORITY of UK entrepreneurs will look to raise funding in the next 12 months according to the latest EY Fast Growth Tracker.

The report surveys hundreds of entrepreneurs about their intentions for the future, and found that despite the … Read More

CrowdProperty launches Seedrs funding round

November 17, 2017 |

CROWDPROPERTY is looking to raise £600,000 via Seedrs to fund its expansion plans.

The peer-to-peer property lender said on Friday that it is launching a pre-series A equity round on the crowdfunding platform and that the money raised would go towards … Read More

Value of SMEs vastly underestimated

November 16, 2017 |

A NEW survey from the British Business Bank (BBB) has revealed the vast majority of the nation significantly underestimates the scale of small businesses in the UK.

Research by ICM, commissioned by the BBB, found that just two per cent … Read More

Money management struggles for young business owners

November 15, 2017 |

THE next generation of entrepreneurs are finding it difficult to keep on top of their business finances, with around 60 per cent of millennial business owners stating that financial administration is one of the most stressful aspects of their role.

Read More

Consumer borrowing surges ahead of forecast rate rise

October 30, 2017 |

NEW figures from the Bank of England have revealed that consumer lending rose 9.9 per cent in September compared to the same month last year.

Data from the central bank, released on Monday, showed that net consumer credit increased by … Read More

Asset manager involvement in P2P to ‘dramatically increase’

October 30, 2017 |

ASSET and wealth managers will need to seek investment opportunities in niche areas such as peer-to-peer lending if they are to prosper, PwC has claimed.

In a new report, titled ‘Asset & Wealth Management Revolution: Embracing Exponential Change’, the accountancy … Read More

Smartphones replacing bank branches for millennials

October 30, 2017 |

NEARLY seven in every 10 British millennials are now managing their money on the go, by using their mobile phone.

That’s according to the latest digital payments study from Visa, which surveyed thousands of people on their attitudes towards alternative … Read More

IFISA investments ‘to take off’ in 2018

October 19, 2017 |

2018 MAY be the year in which the Innovative Finance ISA (IFISA) finally takes off, an industry expert has suggested.

Neil Faulkner, chief executive and founder of peer-to-peer analysis firm 4th Way, noted that the small platforms that have already … Read More