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Peer2Peer Finance News | May 27, 2019

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Dan Walker

GLI Finance to revise bonus policy amid shareholder concerns

May 13, 2019 |

GLI FINANCE (GLI) has pledged to reform the way it pays bonuses following shareholder opposition to executive pay packages.

The alternative finance investor had revealed in its 2018 annual report that its executives were collectively paid £784,250 in bonuses last … Read More

Sancus launches bridging and development lending platform

April 29, 2019 |

THE SANCUS Group has launched a new online platform for bridging and property development finance.

The alternative finance group said that the new platform will provide funding opportunities for institutional and high-net-worth investors, via its peer-to-peer lending subsidiary Sancus Funding.

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GLI bosses received over £750k in bonuses despite 2018 loss

April 17, 2019 |

GLI FINANCE executives were collectively paid £784,250 in bonuses last year, despite the company sliding into losses.

The 2018 annual report released by the Aim-listed alternative finance group on Wednesday showed that chief executive Andrew Whelan received £370,800 in bonuses, … Read More

Old meets new

May 4, 2018 |

Dan Walker took over the helm at Sancus Finance at a pivotal time for the alternative lender. He talks to Peer2Peer Finance News about the new business structure and the benefits of a personal approach

Alternative lender Sancus Finance is … Read More

Sancus launches enhanced protection on supply chain finance

April 3, 2018 |

SANCUS Finance is offering funders an enhanced protection product to cover losses from invested funds.

The peer-to-peer platform, which provides invoice financing and supply chain finance, currently takes the first 10 per cent of a loss on funding and separately … Read More

Sancus Finance hits £200m business funding milestone

January 29, 2018 |

ALTERNATIVE business funding platform Sancus Finance has passed the £200m lending milestone.

The firm, which provides peer-to-peer invoice financing and supply chain finance, has helped push lending across all Sancus BMS Group brands to £700m over the past four years.

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Funding Knight completes rebrand into Sancus family

January 17, 2018 |

THE LONG-AWAITED rebrand of peer-to-peer business lender Funding Knight has been completed.

The platform name has been changed to Sancus Funding with GLI Finance (GLI) transferring its holdings in the group to its Sancus BMS subsidiary.

The move had already … Read More

Sancus Finance MD Caroline Langron to retire

November 1, 2017 |

SANCUS Finance has announced that its managing director Caroline Langron (pictured) will retire at the end of the year, to be replaced with Varengold’s Dan Walker.

The peer-to-peer invoice finance platform said on Wednesday that Walker will be responsible for leading … Read More

MarketInvoice gets £45m funding boost from German bank

September 19, 2017 |

MARKETINVOICE has signed an agreement with German private bank Varengold to provide £45m of funding annually to UK SMEs via its platform.

The peer-to-peer invoice finance firm said on Tuesday that it had seen greater interest from global institutions, along with … Read More