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Peer2Peer Finance News | June 27, 2019

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Folk2Folk

23 firms now approved to offer IFISAs

January 30, 2017 |

AT LEAST 23 firms have received authorisation to offer Innovative Finance ISAs (IFISAs), as approvals gather pace towards ISA season.

HMRC’s latest list of approved ISA managers suggests that as of January 26 there were 17 firms approved to offer the tax-free wrapper … Read More

Bank of England Governor warns P2P growth could create “conventional risks”

January 26, 2017 |

THE PEER-TO-PEER lending sector could become vulnerable to similar risks facing banks as it grows, the Bank of England Governor has warned.

Mark Carney, delivering a speech on fintech in Germany as chairman of the Financial Stability Board, said while … Read More

Folk2Folk weeks away from IFISA launch

January 20, 2017 |

SECURED peer-to-peer business loans platform Folk2Folk is planning to launch its Innovative Finance ISA (IFISA) in the coming weeks and will lower its minimum investment threshold for the product.

The P2P lender received Financial Conduct Authority authorisation at the end of last … Read More

Landbay authorised as ISA manager by HMRC

January 16, 2017 |

LANDBAY has been approved as an ISA manager by HMRC, paving the way for the launch of its Innovative Finance ISA before the end of the tax year.

The peer-to-peer lender is thought to have received confirmation of HMRC approval … Read More

Landbay wins full FCA authorisation

December 23, 2016 |

LANDBAY has been given an early Christmas present from the Financial Conduct Authority (FCA) with the news that it has been granted full regulatory authorisation.

The peer-to-peer lender now plans to apply to HMRC for approval to offer the Innovative … Read More

Folk2Folk wins full FCA authorisation

December 7, 2016 |

FOLK2FOLK has become the latest peer-to-peer finance platform to win full authorisation from the Financial Conduct Authority (FCA).

The Cornwall-headquartered business lender now hopes to be able to offer its Innovative Finance ISA (IFISA) before the end of the tax year, pending HMRC … Read More

Beyond London – the P2P lenders with a regional presence

December 2, 2016 |

Much of the government’s support of UK fintech has focused on London’s position as a “leading fintech hub” and silicon roundabout, the cluster of technology firms around Old Street. Despite talk of a “Northern Powerhouse” and regional hubs, how supported … Read More

Folk2Folk eyes growth overseas

November 29, 2016 |

FOLK2FOLK is planning to open 10 UK high-street branches by 2018 and is mulling an overseas expansion over the next 12 months.

The Cornwall-headquartered peer-to-peer business lender, which was founded by solicitors in 2013, sees having a bricks-and-mortar presence as … Read More

Folk2Folk to lower investment threshold for IFISAs

October 12, 2016 |

FOLK2FOLK is planning on lowering its £25,000 minimum investment threshold once it can offer the Innovative Finance ISAs (IFISAs), Peer-to-Peer Finance News has learnt.

The peer-to-peer business lender, like many of its rivals, is still awaiting full authorisation from the … Read More

Folk2Folk to open Gloucestershire branch

October 10, 2016 |

FOLK2FOLK, the peer-to-peer business lender, has announced it will be opening a new branch in Gloucestershire on 1 November, as part of its national expansion plans.

The Cornwall-headquartered business, which has a £25,000 minimum investment threshold, said on Monday … Read More