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Peer2Peer Finance News | July 17, 2018

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Frazer Fearnhead

Banks reject P2P lenders on money laundering concerns

July 5, 2018 |

PEER-TO-PEER lenders have been turned away by banks when trying  to open the client money accounts that are legally necessary for them  to operate.

Despite the vast majority of platforms now being fully regulated, Peer2Peer Finance News has seen messages … Read More

The House Crowd looks further north to boost loan opportunities

May 22, 2018 |

THE HOUSE Crowd has launched in Scotland as part of a range of changes to boost its lending.

The peer-to-peer property platform, which focuses on lending towards property projects mainly around northern areas such as Manchester and Liverpool, said the … Read More

The House Crowd unveils 7pc property IFISA

March 19, 2018 |

THE HOUSE Crowd has launched an Innovative Finance ISA (IFISA), offering its customers a seven per cent return by auto-investing their money into property loans.

The IFISA invests in secured peer-to-peer loans and property development investments, with The House Crowd … Read More

The House Crowd achieves FCA authorisation

January 9, 2018 |

THE HOUSE Crowd is looking to unveil a new website and auto-lending option after achieving authorisation from the Financial Conduct Authority (FCA) at the end of last year.

The property peer-to-peer lending platform had first applied for full permissions in … Read More

The House Crowd boss laments loss of “first mover advantage” amid regulation delays

October 23, 2017 |

THE HOUSE Crowd founder Frazer Fearnhead has expressed his frustration at the regulatory process after being told the platform’s peer-to-peer permissions are ready but the Financial Conduct Authority (FCA) is still looking at the crowdfunding side of the business.

Fearnhead, … Read More

The House Crowd hits £50m via mix of P2P and crowdfunding

July 13, 2017 |

THE HOUSE CROWD has hit the £50m funding target it set out to achieve in October last year.

The Manchester-based property platform started targeting institutional money at the end of last year to achieve its first £50m of funds channelled … Read More

The House Crowd targets institutions as it looks to raise £50m

October 13, 2016 |

THE HOUSE Crowd is looking to raise £50m over the next 12 months as it targets institutional money for the first time.

The property peer-to-peer finance platform has recently secured £1m from an equity fundraising among its 1300-strong investor … Read More