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Peer2Peer Finance News | November 18, 2017

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Posts By Suzie Neuwirth

Assetz Capital’s Seedrs fundraise is almost 50pc overfunded

November 17, 2017 |

ASSETZ Capital has announced that its latest fundraising round on Seedrs is now almost 50 per cent overfunded and that it has set a closing date.

The secured business and property peer-to-peer lender was seeking £1m but investors on the crowdfunding platform … Read More

ThinCats hires East Midlands funding expert to scale up business

November 16, 2017 |

THINCATS has hired small- and medium-sized enterprise (SME) finance veteran Mark Tunley (pictured) as origination manager for the East Midlands, to support its next stage of growth.

The peer-to-peer business lender said on Thursday that Tunley joins the firm after … Read More

RateSetter, Funding Circle, Zopa feature in Women in Fintech Powerlist

November 16, 2017 |

FEMALE employees at RateSetter, Funding Circle, Zopa and Landbay have all made this year’s Women in Fintech Powerlist, which celebrates the achievements and talent of women across the sector.

The 370-strong list, compiled by industry trade body Innovate Finance, was … Read More

Lendable hits £100m lending landmark

November 13, 2017 |

LENDABLE has announced that it has hit the £100m cumulative lending milestone in less than four years since launch.

The peer-to-peer consumer lender said on Monday that it is the third UK consumer lender after Zopa and RateSetter to reach … Read More

Inflation and interest rates worry investors more than Brexit

November 13, 2017 |

INVESTORS are more worried about inflation and low interest rates than they are about Brexit, new research claims.

A survey of over 1,000 UK savers and 500 high-net-worth individuals, commissioned by Rathbone Investment Management, found that 42 per cent of … Read More

Most UK tech founders expect to sell for £50m or less

November 10, 2017 |

UK TECH entrepreneurs are looking to exit their businesses too quickly and cheaply to achieve substantial scale, but the majority are keen to stay in the tech eco-system, new research has found.

A report from equity investment platform VentureFounders and … Read More

Funding Circle joins Women in Finance Charter

November 10, 2017 |

FUNDING Circle is among the latest round of firms to have signed the Treasury’s Women in Finance Charter, which aims to tackle gender inequality in senior roles.

The Treasury announced on Friday that a further 26 companies have signed up … Read More

Nucleus launches new cash flow product

November 9, 2017 |

NUCLEUS Commercial Finance has launched a new cash flow product that offers more flexibility for businesses.

The alternative business lender said on Thursday that the new facility, called Business Cash Advance, is suitable for businesses that take card payments and … Read More

JustUs opens first IFISA accounts

November 8, 2017 |

JUSTUS has opened its first Innovative Finance ISA (IFISA) accounts, having invited existing customers to register for the tax-free wrapper last month.

The Cheshire-based peer-to-peer lender previously said that it anticipated the process from application to account opening would take two … Read More

Zopa says rate hike will not impact loan performance

November 3, 2017 |

ZOPA has reassured investors that the Bank of England’s interest rate hike will not impact the performance of the peer-to-peer platform’s loans.

On Thursday, the central bank raised the base rate from 0.25 per cent to 0.5 per cent – … Read More