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Peer2Peer Finance News | July 23, 2019

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Assetz Capital

Assetz launches legal panel to support borrowers in Scotland

July 23, 2019 |

ASSETZ Capital has launched its first legal panel, to help its Scottish borrowers choose a solicitor more easily.

The peer-to-peer lender has secured partnerships with six law firms in Scotland, who it said will provide a more efficient and cost-effective … Read More

Assetz funds £300m in a year

July 19, 2019 |

ASSETZ Capital has reached another lending milestone by funding £300m in loans over the course of the past year.

This represents a 60 per cent increase on the previous five years combined.

Assetz Capital has now lent more than £820m … Read More

Money talks

July 18, 2019 |

2019 IS SHAPING UP TO become the year of the institutional investor. Over the past few months, hundreds of millions of pounds has flooded into UK-based peer-to-peer platforms from a variety of global institutions, all seeking to access the competitive … Read More

Assetz Capital’s chief commercial officer departs

July 12, 2019 |

ASSETZ  Capital’s chief commercial officer Rob Pailin has stepped down, Peer2Peer Finance News can reveal.

Pailin (pictured) resigned due to personal circumstances and has been replaced with managing director and co-founder David Penston, according to an emailed statement from the … Read More

Assetz Capital raises £1.86m on Seedrs

July 8, 2019 |

PEER-TO-PEER lender Assetz Capital has raised £1.86m on crowdfunding platform Seedrs after initially seeking to raise £1m.

The funding round is a precursor to a larger anticipated institutional funding round, Assetz said in its investment pitch. It is the third … Read More

Growth Finance Awards announces full list of finalists

July 8, 2019 |

A COMPREHENSIVE list of all finalists for the inaugural 2019 Growth Finance Awards has now been unveiled, with peer-to-peer lenders competing in a number of categories.

The 47 finalists, all providers of debt to UK businesses, were announced by Intelligent … Read More

Relendex poaches Assetz Capital’s James Hodgson to boost business in North East

July 4, 2019 |

RELENDEX has hired Assetz Capital’s James Hodgson as business development manager, covering the North East of England.

The peer-to-peer property lender said on Thursday that Hodgson (pictured) previously worked as underwriter director at P2P business lender Assetz Capital. In this … Read More

Assetz strengthens security with designated bank accounts feature

July 1, 2019 |

ASSETZ Capital has bolstered its security measures with a new designated bank accounts feature.

The peer-to-peer business lender told its customers that the new functionality will come into effect on 3 July, enhancing security when moving funds on or … Read More

P2P lenders feature heavily in list of Growth Finance finalists

June 28, 2019 |

PEER-TO-PEER lenders have been selected as finalists in a number of categories at the first-ever Growth Finance Awards, which celebrate the finance providers supporting growing businesses in the UK.

The awards launched this year to acknowledge the companies providing “more … Read More

P2P investors sceptical about interest rate rises

June 19, 2019 |

MORE than half of Assetz Capital’s peer-to-peer investors are not convinced that more frequent Bank of England interest rate rises are on the way.

Bank of England Governor Mark Carney (pictured) said in May that interest rate rises could be … Read More