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Peer2Peer Finance News | March 24, 2018

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Flender nears £2m funding target

November 27, 2017 |

FLENDER is reportedly close to reaching its £2m target for its latest equity funding round.

The Irish peer-to-peer lender has raised around €400m (£358m) from its own platform, structured as a series of convertible loan notes.

It is close to … Read More

Flender looks to raise £2m from institutional friends

August 10, 2017 |

SOCIAL lending peer-to-peer platform Flender is planning a funding round to prepare for its launch in the UK.

The business and consumer lender, which lets borrowers share their fundraising campaigns on social media, is raising £2M in equity funding and … Read More

Flender completes first wave of funded SME loans

July 6, 2017 |

IRISH peer-to-peer platform Flender has announced its first batch of successfully funded SME loans.

The lender, which launched earlier this year, has helped raise finance for five SMEs, with an average loan value of £25,000 and an average interest rates … Read More

Ireland’s Flender plans double UK and IFISA launch

June 12, 2017 |

PEER-TO-PEER lending platform Flender is planning to synchronise its foray into the UK market with the launch of an Innovative Finance ISA (FISA) within the next couple of months.

The platform gained full authorisation from the Financial Conduct Authority at … Read More

Flender appoints Equifax for loan underwriting

February 1, 2017 |

PEER-TO-PEER lending platform Flender has hired credit report service Equifax to support the underwriting of its loans.

Equifax will supply real-time consumer and commercial data to automate the underwriting process and help Flender better assess applications for loans from small- and … Read More

Social lending P2P platform Flender hits £500k target

January 13, 2017 |

SOCIAL lending peer-to-peer platform Flender has successfully raised half a million pounds through crowdfunding site Seedrs and is now preparing for a launch this quarter.

Oli Cavanagh (pictured), founder of Flender, said the money, raised in return for a 10 … Read More

One in 20 Brits have lent over £5,000 to a friend

December 20, 2016 |

ALMOST one in 20 (four per cent) of Brits have lent more than £5,000 to a friend, yet 42 per cent of these informal peer-to-peer lenders never see their money again, a new survey has found.

According to upcoming P2P … Read More