Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | July 23, 2017

Scroll to top

Top

Posts By Marc Shoffman

Zopa signs up to artificial intelligence credit scorer Aire

July 21, 2017 |

ZOPA is among the first consumer lenders to partner with a newly-formed credit scorer using artificial intelligence rather than traditional methods to help assess borrowers.

Rather than lenders relying on traditional credit scores from mainstream agencies, Aire conducts an interactive … Read More

Honeycomb loses its buzz in first month after share placing

July 21, 2017 |

THE HONEYCOMB Investment Trust posted its weakest net asset value (NAV) return so far this year during June, the first full month since the proceeds of a recent fundraising were spread into the portfolio.

The alternative finance-focused investment trust, managed … Read More

Opinion split on best P2P marketing techniques

July 21, 2017 |

PEER-TO-PEER platforms may be pitching themselves as an alternative to mainstream banks but many are relying on traditional methods when it comes to advertising.

Property P2P platform Lendy has recently announced sponsorship of the Cowes Week sailing regatta, while business … Read More

ArchOver signs up to UK Finance trade body

July 20, 2017 |

PEER-TO-PEER secured business loans platform ArchOver has pledged to be the voice of the P2P sector after becoming part of newly-formed financial trade body UK Finance.

ArchOver joined the Asset Based Finance Association (ABFA) last month which has subsequently been merged … Read More

Initiative Ireland to launch P2P property syndicate loans

July 19, 2017 |

AN IRISH peer-to-peer property platform aiming to help fund the construction of 250 new homes over 18 months is set for launch in September.

Founded by Padraig Rushe, Initiative Ireland is setting up syndicates of loans for P2P lenders to … Read More

LandlordInvest shifts IFISA admin to Goji as it hits half a million mark

July 19, 2017 |

LANDLORDINVEST has attracted more than half a million pounds into its Innovative Finance ISA (IFISA) since launch, the peer-to-peer platform has revealed.

Filip Karadaghi, chief executive of the buy-to-let specialist, said around 80 lenders have placed £548,035 into the property-backed … Read More

RateSetter gives investors option to sell out free due to wholesale “interventions”

July 18, 2017 |

RATESETTER is giving all its lenders an option to sell out of their investment free of charges, as part of its wind-down of exposure to its wholesale lending portfolio.

The peer-to-peer platform wrote to investors on Tuesday to outline “interventions” … Read More

The next evolution

July 18, 2017 |

Peer-to-peer focused investment trusts have had mixed fortunes since their fruition, with some adapting their business models as a result. With many P2P platforms showing stratospheric growth, are the sector’s funds falling behind?

THE PEER-TO-PEER SECTOR has changed dramatically in … Read More

P2P lenders helped British Business Bank fund £717m of SME loans last year

July 18, 2017 |

PEER-TO-PEER lenders were among the delivery partners helping the British Business Bank (BBB) fund £717m of loans to small businesses last year, the firm’s annual report revealed.

The state-backed institution, which has channelled funds through P2P platforms such as RateSetter, … Read More

LandlordInvest reaches £1m lending milestone

July 17, 2017 |

BUY-TO-LET peer-to-peer platform LandlordInvest has passed the £1m lending milestone.

The property lender, which launched in December 2016, has amassed 700 investors and completed six loans over the past seven months.

Filip Karadaghi, chief executive of LandlordInvest, said while there … Read More