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Peer2Peer Finance News | August 24, 2019

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Posts By Kathryn Gaw

Institutional interest in P2P continues unabated in 2019

July 25, 2019 |

INSTITUTIONS have been highly active in the peer-to-peer lending space this year, in the form of both funding lines and equity investment.

Funding lines have helped P2P platforms to boost their lending volumes, while equity funding has been used by … Read More

Money&Co sees more demand for tax planning amid political uncertainty

July 25, 2019 |

NICOLA Horlick’s peer-to-peer lending platform Money&Co has seen a “significant” increase in volumes of business for tax planning, as a result of ongoing political uncertainty.

A new government, led by Boris Johnson, and the looming Brexit deadline of 31 October … Read More

Open Banking challenge offers £1.5m reward for money-saving innovators

July 24, 2019 |

A NEW competition from Open Banking Limited and Nesta Challenges is offering a £1.5m prize fund to fintech innovators who can help people make more of their money.

The competition, titled Open Up Challenge 2020, was created in response to … Read More

Lending Works rebrands product suite

July 23, 2019 |

LENDING Works has updated its two flagship investment products with a slew of new features, in response to user demand.

Effective immediately, the peer-to-peer consumer lender’s three-year account has been renamed as the Flexible account, and it will now come … Read More

Five podcasts for P2P lending enthusiasts

July 22, 2019 |

PODCASTS have become one of the nation’s favourite sources of information and entertainment. According to Ofcom, almost six million Brits tune into a podcast every week – double the number of five years ago. And a few finance podcasts have … Read More

Treasury calls for feedback on regulatory review

July 19, 2019 |

THE TREASURY has issued a call for feedback on how effectively the UK’s financial regulators work together, as part of a long-term review into financial regulation.

The first phase of the Financial Services Future Regulatory Framework review was launched today … Read More

Assetz funds £300m in a year

July 19, 2019 |

ASSETZ Capital has reached another lending milestone by funding £300m in loans over the course of the past year.

This represents a 60 per cent increase on the previous five years combined.

Assetz Capital has now lent more than £820m … Read More

Zopa reveals UK’s favourite summer spends

July 19, 2019 |

ZOPA has revealed the top 20 treats that Brits spend their money on during the summertime, and the top scoring treat is…..chocolate.

According to Zopa’s Ice Cream Index, buying a bar of chocolate makes Britons happiest relative to price, while … Read More

Two directors leave Crowdstacker board

July 18, 2019 |

TWO OF Crowdstacker’s directors have resigned from the company’s board, leaving the peer-to-peer platform’s founder and chief executive, Karteek Patel, as the last remaining director.

Mark Bristow and Julian Turnbull were both recorded as having had their directorial appointments terminated … Read More

Fintech National Network expands with three new regional hubs

July 18, 2019 |

THREE new regional hubs have joined the Fintech National Network, marking the UK-wide expansion of the network.

Fintech Northern Ireland, Fintech Wales and Fintech West all joined the Network during its inaugural meeting in Manchester.

The Network was established by … Read More