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Peer2Peer Finance News | October 23, 2017

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Jane Dumeresque

The P2P Power 50

October 2, 2017 |

PEER-TO-PEER lending has rapidly grown into a multi-billion-pound industry, bringing together the best in banking and technology as well as lawyers, regulators, analysts and fund managers.

So, who are the key players influencing the UK’s P2P sector? The inaugural Peer2Peer … Read More

Crystal clear

September 8, 2017 |

Transparency is pivotal to peer-to-peer lending. But can you have too much of a good thing? 

PEER-TO-PEER lending been built on a promise of transparency: question any platform founder and chances are that the desire to be more open and … Read More

Folk2Folk CEO Jane Dumeresque resigns

September 7, 2017 |

FOLK2FOLK has announced that its chief executive Jane Dumeresque (pictured) is stepping down this month.

The Cornwall-headquartered peer-to-peer lender said on Thursday that an announcement regarding her replacement will be made in due course. In the interim period, chairman Tim … Read More

Folk2Folk unveils IFISA as it gears up new branches

July 10, 2017 |

FOLK2FOLK has unveiled its new Innovative Finance ISA, opening the tax-free wrapper to existing clients first.

The peer-to-peer business lending platform will extend the product to new clients starting from 1 August, offering annual returns of either 5.5 per cent … Read More

Folk2Folk hires first CMO to drive national expansion

June 7, 2017 |

FOLK2FOLK has hired a chief marketing officer and four business development managers to support its national expansion plans.

The peer-to-peer business lender named Giles Cross (pictured below) as its first chief marketing officer, who will be responsible for leading the … Read More

Folk2Folk to launch North Yorkshire branch

February 28, 2017 |

FOLK2FOLK has announced it will open a new branch in Harrogate, North Yorkshire, as part of its national expansion plans.

The peer-to-peer platform, which specialises in secured lending to small- and medium-sized businesses, aims to channel over £20m of funding … Read More

Folk2Folk joins the Peer-to-Peer Finance Association

February 16, 2017 |

FOLK2FOLK has become the latest platform to join the Peer-to-Peer Finance Association (P2PFA).

It takes the number of members in the trade body to nine.

The lender, which funds secured business loans online and through high street branches, joins Zopa, … Read More

Safe as houses

February 6, 2017 |

Peer-to-peer lenders have already made headway in consumer and business loans, could they help solve the housing crisis?

Housing is a perennial feature of any political manifesto and various governments, lobby groups and charities have tried but regularly failed to … 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 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