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Peer2Peer Finance News | August 17, 2019

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Posts By Kathryn Gaw

No Bregrets – How P2P is dealing with Brexit

December 16, 2016 |

It’s natural to be cautious about the future in a world where the UK government has yet to reveal its plan to leave the European Union, where the value of sterling is tanking and where the US recently gave out … Read More

Low interest rates spell more bad news for savers

December 15, 2016 |

SAVERS were dealt another pre-Christmas blow as the Bank of England chose to hold interest rates at a historic low, just days after inflation rose from 0.9 per cent to 1.2 per cent.

The Bank of England’s monetary policy committee (MPC) … Read More

LendInvest launches fast-track auction loans

December 14, 2016 |

ONLINE mortgage lender LendInvest has launched its first fast-track finance product to help brokers prepare for the first property auctions of 2017.

The product will enable brokers to access short-term property loans much more quickly than usual, so that they … Read More

S&P predicts less defaults among European corporates next year

December 13, 2016 |

DEFAULT rates among European non-financial companies are likely to remain “exceptionally low” next year, according to Standard & Poor’s research.

In its European corporate outlook 2017 report, the ratings agency said it expects the default rate for non-financial corporates … Read More

Asset-backed lending to UK firms hits record high of £4.3bn

December 12, 2016 |

THE AMOUNT of asset-backed lending available to UK businesses has reached a record high of £4.3bn, a 22 per cent increase on last year.

According to the Asset Based Finance Association (ABFA), the total amount of asset based lending and … Read More

City firms join forces for Women in Finance event

December 12, 2016 |

SENIOR figures from across the financial services sector are taking part in a “speed mentoring” event at the London Stock Exchange to promote the Treasury’s Women in Finance Charter.

The event, which takes place on Monday, will see over 40 … Read More

Here’s what the P2P sector thought of the FCA feedback

December 9, 2016 |

The Financial Conduct Authority (FCA)’s interim feedback on its review into crowdfunding indicated tougher regulation ahead. Here’s some of the P2P industry’s initial thoughts.


James Meekings, Funding Circle’s co-founder and UK managing director

“We welcome the FCA’s review … Read More

Late payments add to woes of UK’s small businesses

December 8, 2016 |

SMALL businesses in the UK are struggling with late payments, with just 51 per cent of invoices paid on time last year.

According to research from cloud accountancy firm FreeAgent, businesses in Sheffield are the worst affected, with just 24 per cent … Read More

Wellesley & Co narrowly avoids being struck off

December 7, 2016 |

PEER-TO-PEER lender Wellesley & Co has avoided being struck off the Companies House register after filing its late accounts at the eleventh hour.

Last week, the firm received a First Gazette notice for compulsory strike-off from Companies’ House, giving it … Read More

RateSetter’s Australia business reaches investor milestone

December 7, 2016 |

RATESETTER’S Australian subsidiary has just hit a milestone of 5,000 investors and expects to double this figure over the next six months, as consumers eschew banks for alternative finance options.

The platform, which recently celebrated its two-year anniversary, is currently … Read More