Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | November 24, 2017

Scroll to top

Top

Funding Knight

GLI Finance’s losses widen

September 25, 2017 |

GLI FINANCE’S losses almost doubled in the first half of 2017, hit by £12.6m of write downs as it continues its planned restructuring of the business.

The Aim-listed firm, which owns peer-to-peer lender Funding Knight, reported a pre-tax loss of … Read More

Want to invest in property? Then take a look at these peer-to-peer platforms

September 22, 2017 |

PEER-TO-PEER allows investors to put their money into all sorts of different loans, from those to individuals looking to buy a new car or kitchen to businesses looking to fund their expansion plans.

There are now a host of platforms … Read More

Sancus completes £12m funding for Heartlands development

July 24, 2017 |

ALTERNATIVE finance provider Sancus has completed a £12m funding deal for a Scottish property development aiming to promote sustainable living on the site of a former coal mine.

The Heartlands development, situated between Glasgow and Edinburgh, along the M8 corridor, … Read More

GLI’s turnaround project FundingKnight snaps up FCA approval

July 14, 2017 |

GLI FINANCE-OWNED lending platform FundingKnight has clinched full authorisation from the Financial Conduct Authority (FCA).

The final stamp of approval comes just one year after the platform went into administration and was rescued by the Aim-listed investment firm.

The peer-to-peer … Read More

Wellesley’s Peter Hudson hired to lead Sancus expansion into property lending

April 10, 2017 |

SANCUS BMS Group has poached Wellesley Finance’s business development director Peter Hudson as part of an expansion into peer-to-peer bridging and development finance.

Hudson has been appointed to a newly-created role of director of property finance, covering the Sancus and … Read More

GLI Finance posts £16.5m loss after “difficult” 2016

March 27, 2017 |

ALTERNATIVE finance investment firm GLI Finance has reported a loss of £16.5m for 2016 following a “difficult year” for the group.

Much of the decline was attributed to goodwill write downs and operating losses at the firm’s peer-to-peer lending businesses Sancus Finance … Read More

GLI chief blames spendthrift predecessor for £6.9m loss

September 26, 2016 |

GLI Finance’s chief executive today blamed his predecessor’s spending “splurge” for the investment fund’s £6.9m first-half loss and vowed to push ahead with the investment firm’s overhaul.

The company, which invests in a range of alternative finance providers including peer-to-peer bond platform … Read More