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Peer2Peer Finance News | July 16, 2018

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Assetz Capital

Assetz Capital hires ex-RBS banker to join North West team

July 11, 2018 |

ASSETZ Capital has boosted its northern presence with the appointment of RBS’s Jake Hiskett as senior relationship manager in the North West.

Hiskett (pictured), joins the business peer-to-peer lender from the high street bank, where he spent five years as … Read More

A guide to liquid IFISAs

June 26, 2018 |

IN THE world of finance, liquidity always comes at a cost. Instant access savings accounts pay less than fixed-term accounts, and most investment platforms deter withdrawals by charging hefty transaction fees. The world of peer-to-peer lending is not much different. … Read More

P2P investors abandon cash ISAs

June 25, 2018 |

INVESTORS are ditching their cash ISAs in favour of other forms of ISA accounts, according to new research from peer-to-peer platform Assetz Capital.

In the first quarter of this year, 52 per cent of Assetz Capital’s investors had put money … Read More

Assetz passes £26m lending mark in Northern Ireland this year

June 25, 2018 |

Assetz Capital has provided more than £26m in peer-to-peer funding in Northern Ireland since opening its office in the province this January.

The P2P lender has completed 15 deals from the Belfast office totalling £26.3m. These include a mixture of … Read More

Most P2P investors do not expect a rate rise

June 21, 2018 |

THE MAJORITY of peer-to-peer investors do not expect the Bank of England to raise the base rate in the next three months, a poll suggests.

Only 25 per cent of the 1,000 investors surveyed by P2P business lender Assetz Capital … Read More

Assetz reports £10m of inflows since rate rise

June 19, 2018 |

INVESTORS have ploughed £10m into Assetz Capital in the month following the peer-to-peer lender’s first-ever rate rise.

Rates of return for the Quick Access Account and 30-Day Access Account increased from 3.75 per cent to 4.1 per cent and from … Read More

The automation evolution

June 18, 2018 |

PEER-TO-PEER lending emerged as an alternative to mainstream banks, simultaneously widening access to credit and boosting retail investors’ returns.

Some would argue that P2P has made finance more accessible and shifted it from the ‘computer says no’ mentality of the … Read More

Rebuildingsociety boss takes helm at InvestUp

June 18, 2018 |

PEER-TO-PEER investment aggregrator InvestUp has installed Rebuildingsociety boss Daniel Rajkumar as temporary chief executive while it searches for a replacement for Chris Bradbury who left at the end of 2017.

InvestUp was purchased by the White Label Company – owned … Read More

Green loans dry up as lenders target “low hanging fruit”

June 15, 2018 |

A DEARTH of renewable energy loans has been blamed on over-zealous lenders chasing “low hanging fruit” and an end to a government-backed subsidy programme.

In May, Assetz Capital closed its Green Energy Account (GEA) and in March, defunct P2P platform … Read More

Platforms shift to auto-lending as demand for diversification rises

June 13, 2018 |

AN INCREASING number of peer-to-peer lending platforms are turning their attention to automated lending as investor demand for simpler and more diversified offerings increases.

Last September, Funding Circle stopped offering manual lending and shifted to an entirely auto-lending model, meaning … Read More