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Peer2Peer Finance News | August 21, 2019

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P2P lending set to pass £9bn milestone

April 19, 2018 |

LENDING at the UK’s largest peer-to-peer finance platforms is fast approaching £9bn.

Data from the industry’s trade body the Peer-to-Peer Finance Association (P2PFA), released on Thursday, showed its eight members – Crowdstacker, Folk2Folk, Funding Circle, Landbay, LendingWorks, MarketInvoice, ThinCats and … Read More

Inflation falls again but pressures remain

April 18, 2018 |

UK INFLATION fell for the second month in a row but pressures remain on savers, investors and businesses.

Official for National Statistics (ONS) data, released on Wednesday, showed that the consumer prices index (CPI) grew by 2.5 per cent in … Read More

The good life

March 23, 2018 |

Folk2Folk chief executive Giles Cross is on a mission to boost rural economies through peer-to-peer lending. He speaks to Peer2Peer Finance News about Folkonomics, the crime of faceless money and what a good day’s work means to him…

Barely a … Read More

Folk2Folk hits £200m lending milestone

March 5, 2018 |

Folk2Folk has hit the £200m lending milestone, with investors channelling more than £65,000 on average through the peer-to-peer platform.

The rural business lender said on Monday that the milestone demonstrates the important role that it plays in the countryside, by supporting … Read More

Ultimate guide to Innovative Finance ISAs: Part three

February 22, 2018 |

INVESTORS wishing to invest tax-efficiently in peer-to-peer business loans have a wide variety of Innovative Finance ISAs (IFISAs) to choose from.

On Wednesday, we looked at four IFISAs that enable people to lend to the UK’s small- and medium-sized enterprises … Read More

Inflation stumbles in January as cost of living holds at 3 per cent

February 13, 2018 |

THERE was little relief for interest-starved savers this morning as official data showed inflation held steady at three per cent in January.

Analysts had expected the cost of living measure to drop to 2.9 per cent but it remained at … Read More

Interest rates could rise earlier and higher than expected

February 8, 2018 |

THE BANK of England has signalled that interest rates may be increased earlier and higher than expected, in what could be good news for savers but bad for those servicing debts.

The Bank’s February inflation report, released on Thursday, said … Read More

Folk2Folk hires local business influencer Claire Thayers

February 1, 2018 |

FOLK2FOLK has appointed Claire Thayers (pictured below) as its chapter development manager to raise the lender’s profile across the South West and Three Counties regions.

The appointment comes after Folk2Folk, which focuses on lending to local and rural businesses, launched … Read More

Folk2Folk hires Ian Bell as head of farm and rural engagement

January 30, 2018 |

FOLK2FOLK has hired Ian Bell as its head of farm and rural engagement, and to head up its corporate, social and responsibility programme.

The peer-to-peer business lender, which focuses on providing finance for rural, local and farming businesses, said on … Read More

P2PFA member lending exceeds £8bn

January 26, 2018 |

MEMBERS of the Peer-to-Peer Finance Association (P2PFA) have lent more than £8bn since their launch, figures from the trade body reveal.

The eight P2PFA platform members – Crowdstacker, Folk2Folk, Funding Circle, Landbay, Lending Works, Market Invoice, ThinCats and Zopa – … Read More