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Peer2Peer Finance News | November 16, 2018

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Posts By Tim Evershed

MarketInvoice showcases platform at Xerocon

November 14, 2018 |

MARKETINVOICE is showcasing its new online platform to accountants, financial directors and entrepreneurs at Xerocon 2018 this week.

The platform will give Barclays business banking customers direct access to MarketInvoice funding solutions.

The platform’s integration with Xero enables businesses to … Read More

Mintos raises €5m for banking services launch

November 14, 2018 |

EUROPEAN lending marketplace Mintos has raised €5m (£4.3m) as it aims to launch banking services to its customers.

Latvian venture capital firm Grumpy Investments, which was previously known as Skillion Ventures, has made the investment into Mintos.

Mintos says the … Read More

Landbay: London property prices putting a brake on UK market

November 14, 2018 |

STAGNANT house prices in London are acting as a brake on UK house price growth elsewhere, according to Landbay chief executive John Goodall (pictured).

The latest Office for National Statistics (ONS) house price index shows that UK house prices increased … Read More

Growth Street appoints Wales and South West BDM

November 14, 2018 |

GROWTH Street has appointed Gareth Pritchard as its first business development manager for Wales and the South West of England.

Pritchard joins the peer-to-peer lender from Lloyd’s Bank, where he has spent 17 years in the small- and medium-sized enterprise … Read More

Zopa: Parents borrowing from children’s piggy banks

November 14, 2018 |

ZOPA research has found that two fifths of parents have admitted to raiding their children’s piggy banks to borrow cash.

Parents surveyed by the peer-to-peer consumer lender confessed to borrowing money from their kids with a fifth taking over £250 a year.

Read More

Under 35s aiming to retire before they reach 60

November 13, 2018 |

ALMOST half of investors aged under 35 think they will be able to retire before they reach their 60s, according to new research.

A survey from investment management company Rathbone Investment Management highlighted a generational divide amongst retirement savers.

While … Read More

UK and Singapore agree to cooperate on fintech

November 13, 2018 |

THE UK and Singapore have agreed to work more closely together to promote fintech innovation.

Innovate Finance, the trade body for the UK’s fintech industry, has signed a Memorandum of Understanding (MoU) with the Singapore Fintech Association (SFA), which supports … Read More

Ranger director Jonathan Schneider departs

November 12, 2018 |

TROUBLED investment trust Ranger Direct Lending (RDL) has announced that Jonathan Schneider has stepped down as a director.

The alternative finance-focused fund, which is in the process of being closed down, said on Monday that Schneider is leaving with immediate effect after … Read More

Downing extends bond size after prospectus rule change

November 12, 2018 |

CROWD bond platform Downing Crowd has taken advantage of the new higher prospectus limit to extend the size of its most popular bond.

EU prospectus rules mandated companies to issue a prospectus for debt- or equity-based crowdfunding worth more than €5m (£4.4m) and … Read More

SME loan made using Open Banking data

November 12, 2018 |

A SMALL business loan has been made using Open Banking data via business finance aggregator Funding Options.

It is the first time Open Banking data has been used by a UK fintech for the comparison of small business financial services, according … Read More