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Peer2Peer Finance News | March 21, 2019

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Giles Cross

Folk2Folk boosts investor rates in product overhaul

March 11, 2019 |

FOLK2FOLK has boosted its investor rates and has scrapped its Innovative Finance ISA (IFISA) arrangement fee as part of an overhaul of its product range.

The peer-to-peer lender, which offers secured business loans, said on Monday that investors can now … Read More

Folk2Folk chief bullish on 2019 prospects after increased shareholder backing

January 21, 2019 |

FOLK2FOLK chief executive Giles Cross has expressed gratitude to the shareholders after a “challenging 2018” but says he is full of optimism for the next 12 months.

The peer-to-peer business lender’s latest company accounts for the 12 months to January … Read More

The Peer2Peer Finance News Power 50 2018

November 1, 2018 |

The 2018 Peer2Peer Finance News Power 50 demonstrates just how much this multi-billionpound industry has achieved over the past year.

Our definitive annual list of the 50 most influential people in the UK’s P2P sector includes the head of the … Read More

An open book

October 22, 2018 |

From the very beginning, peer-to-peer lenders have pledged to be more transparent than the banks. But will this be viable as regulation and platforms evolve? 

FROM ITS INFANCY, the peer-to-peer sector has been built on a promise to be more … Read More

P2P lenders target a new generation of investors

October 17, 2018 |

PEER-TO-PEER lenders are expanding their investor demographic through new advertising campaigns and products that appeal to younger people.

P2P lending has previously been the preserve of the over-50s, predominantly male and living in the South East, but this is starting … Read More

Folk2Folk reaches £250m lending landmark

October 16, 2018 |

FOLK2FOLK has reached its £250m lending landmark, with the average loan size exceeding £275,000 on the peer-to-peer platform.

The rural business lender funds businesses across a variety of sectors, including agriculture, alternative energy, leisure and tourism, hospitality and property development.

Read More

Fresh blow for savers as inflation rises for first time in eight months

August 15, 2018 |

SAVERS have been hit with a new blow as the rate of inflation increased for the first time since November 2017.

Figures from the Office for National Statistics (ONS) showed the consumer prices index had increased to 2.5 per cent … Read More

Lenders slam rise in SME funding aggregators

July 12, 2018 |

RAPID growth in the number of small- and medium-sized enterprise (SME) funding aggregator platforms has been met with scepticism by peer-to-peer lenders, who argue they are a tiny source of business and add an unnecessary extra layer of fees.

The … Read More

Folk2Folk wins national small business award

June 5, 2018 |

FOLK2FOLK has won a national award for ‘Best Multi-Channel Small Business’ at the Small Awards.

The Cornwall-based peer-to-peer lender impressed the judging panel with its on and offline business model.

The panel, which was headed by the UK’s small business … Read More

P2P lenders show there’s life outside London

June 4, 2018 |

LONDON might be the financial capital of Europe but the peer-to-peer lending sector is showing that there is life beyond the UK’s biggest city.

P2P lenders headquartered around the UK’s regions are demonstrating impressive growth, while helping create employment in … Read More