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Peer2Peer Finance News | August 21, 2019

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Posts By Tim Evershed

Most people in the dark about Open Banking

February 27, 2018 |

THE MAJORITY of UK consumers are still unaware of Open Banking, according to new research.

The data-sharing scheme, which was launched in January this year, mirrors the EU’s Payment Services Directive II, mandating high street banks to share anonymised customer data … Read More

Marketplace lenders worldwide raised nearly $9bn last year

February 26, 2018 |

THE GLOBAL marketplace lending sector saw nearly $9bn (£6.45bn) invested across 233 deals last year, marking a new funding record for the industry.

Consultancy firm Fintech Global, who compiled the data, found that equity investment in the sector rebounded to … Read More

Open Banking could provide £1bn boost for UK economy

February 26, 2018 |

OPEN Banking could add more than £1bn annually to the UK economy and support up to 17,000 jobs, new research claims.

The new data-sharing initiative, which mirrors the EU’s Payment Services Directive II, mandates high street banks to share anonymised customer … Read More