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Peer2Peer Finance News | November 20, 2017

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FCA approval p2p

RateSetter snaps up £13m from Woodford and Artemis

May 30, 2017 |

RATESETTER has snapped up a further £13m equity capital from City investors, which brings the peer-to-peer platform’s valuation up to £200m.

The consumer and business lender announced on Tuesday that City heavyweight Neil Woodford’s fund Woodford Investment Management and asset management giant … Read More

FCA approval is no longer a three-horse race

May 11, 2017 |

AFTER an arduous 18-month process, Zopa became the first of the ‘big three’ peer-to-peer platforms to gain full approval from the Financial Conduct Authority (FCA) on Thursday, paving the way for the launch of its Innovative Finance ISA (IFISA).

The long-awaited … Read More

P2P platforms heading for FCA rejection

October 25, 2016 |

THE FINANCIAL Conduct Authority (FCA) will not grant full authorisation to all peer-to-peer lenders who have applied, industry experts have warned.

A number of leading lawyers and consultants, some of whom requested anonymity due to client confidentiality agreements, privately … Read More