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Peer2Peer Finance News | November 24, 2017

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Posts By Kathryn Gaw

P2P lenders are not to blame for debt crisis

November 8, 2017 |

THE UK’S ongoing consumer debt crisis is not the fault of alternative lenders, according to the ex-regulator at the head of the Peer-to-Peer Finance Association (P2PFA).

Speaking exclusively to Peer2Peer Finance News, P2PFA chair Christine Farnish (pictured) said that it … Read More

Invest & Fund passes £30m lending milestone

November 2, 2017 |

PROPERTY lender Invest & Fund has passed £30m in lending, following the completion of a £5.6m residential development facility.

“We passed £25m in total lending in late October,” Invest & Fund’s co-founder and chief executive David Turner (pictured) said.

“Our … Read More

LendInvest enters partnership with Citi to access buy-to-let market

November 2, 2017 |

ALTERNATIVE property lender LendInvest has announced a new long-term financing partnership with Citi, as it eyes the UK’s £40bn buy-to-let (BTL) market.

LendInvest has also revealed that it now manages more than £500m of lending capital on behalf of its … Read More

Funding Circle and RateSetter make LinkedIn’s ‘Top 25’ companies list

November 2, 2017 |

TWO peer-to-peer lenders have been ranked among the UK’s most in-demand startups, according to a new list from LinkedIn.

Funding Circle and RateSetter have been placed at number eight and number 21, respectively, in the ‘LinkedIn Top 25 Companies – … Read More

Kuflink signs sponsorship deal with Ebbsfleet United Football Club

October 18, 2017 |

KUFLINK is the latest peer-to-peer lender to embark on a sports sponsorship, having signed a five-year deal with Ebbsfleet United Football Club.

The Kent-based football club’s stadium will be known as ‘Kuflink Stadium’ as part of the agreement.

The P2P … Read More

Exclusive: Christine Farnish on the changing role of the P2PFA

October 13, 2017 |

Christine Farnish (pictured), the chair of the P2PFA, talks exclusively to Peer2Peer Finance News about upcoming rule changes, the FCA, and why RateSetter really left…

There are changes ahead for the Peer-to-Peer Finance Association (P2PFA). The self-regulated trade body has … Read More

Exclusive: Graham Wellesley sets the record straight

October 11, 2017 |

Graham Wellesley (pictured) is not afraid of a bit of criticism. But after a year in which his company has been a regular fixture in the financial pages, he is ready to fight back.

IT WAS one of the first … Read More

Small businesses using big data but missing a trick with AI

October 6, 2017 |

SMALL businesses are turning to big data to scale up, but underestimating the potential of artificial intelligence (AI), new research has found.

Accountancy firm Smith & Williamson conducted a survey which showed that 63 per cent of small firms across … Read More

Put your money where your mouth is! Angels want to see founders invest first

October 2, 2017 |

START-UP founders need to put their money where their mouth is if they want to attract investors, new research claims.

The University of Edinburgh Business School and the University of Glasgow’s Adam Smith Business School surveyed 127 angel investors, with … Read More

Graham Wellesley hits back at critics

September 26, 2017 |

GRAHAM Wellesley, chief executive of alternative lender Wellesley & Co, has spoken out after recent criticism of the company’s loan performance.

Earlier this year, a series of media reports highlighted a report from auditor BDO which stated that Wellesley & … Read More