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Peer2Peer Finance News | August 20, 2017

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banking

The House Crowd hits £50m via mix of P2P and crowdfunding

July 13, 2017 |

THE HOUSE CROWD has hit the £50m funding target it set out to achieve in October last year.

The Manchester-based property platform started targeting institutional money at the end of last year to achieve its first £50m of funds channelled … Read More

Navigating a complex market

July 12, 2017 |

Stephen Findlay, chief executive of peer-to-peer investment manager BondMason, explains why lending is the new investing

Despite being around for many years, direct lending, which also encompasses peer-to-peer (P2P) lending, has only recently been recognised as a mainstream asset class. … Read More

UK financial sector prepares to scale up IT investment

July 11, 2017 |

UK FINANCIAL services firms are set to ramp up their technology spending at their fastest rate in two-and-a-half years, despite a decline in overall business optimism.

A quarterly report by the Confederation of British Industry (CBI) and accountancy firm PwC found … Read More

Funding Options founder sees limit to P2P growth

July 7, 2017 |

THERE is a limit to how much peer-to peer lending platforms can grow, according to Funding Options’ founder Conrad Ford.

The head of the online small- and medium-sized enterprise (SME) finance aggregator told Peer2Peer Finance News that there are lots … Read More

Proplend plans IFISA extension but warns of bank-like inefficiencies

June 15, 2017 |

PROPLEND is planning to extend its recently-launched Innovative Finance ISA (IFISA) to more investors after successfully bringing pre-registered clients on board.

The commercial property peer-to-peer platform is looking to make a decision at the end of the month, as demand … Read More

Bankers most fear losing consumer loans to fintechs

April 6, 2017 |

BANKERS see personal loans as the area of their business most at risk of being lost to fintech disruptors, a survey has found.

Accountancy firm PwC’s global fintech report 2017 found that 80 per cent of bankers see consumer banking … Read More