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Peer2Peer Finance News | September 18, 2019

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Karteek Patel

Two directors leave Crowdstacker board

July 18, 2019 |

TWO OF Crowdstacker’s directors have resigned from the company’s board, leaving the peer-to-peer platform’s founder and chief executive, Karteek Patel, as the last remaining director.

Mark Bristow and Julian Turnbull were both recorded as having had their directorial appointments terminated … Read More

Crowdstacker unveils plans for auto-switching savings product

July 10, 2019 |

CROWDSTACKER is set to launch a savings account switching service that promises to end the “loyalty penalty” by automatically moving cash to get better interest rates.

The peer-to-peer lender has unveiled a new service called Kepe that will move a … Read More

Crowdstacker appoints James Blower to help launch ‘game changing product’

July 3, 2019 |

CROWDSTACKER has appointed James Blower, founder of The Savings Guru, as an advisor to its board to assist with product development.

Blower will help the peer-to-peer business lender develop and launch a suite of new services, including what he called … Read More

Losses grow at Crowdstacker but its assets are on the rise

June 21, 2019 |

CROWDSTACKER’S cumulative losses since inception rose to £1.3m for the 12 months to March 2019, but it has been boosted by more share capital and cash at the bank.

The peer-to-peer business lender’s annual accounts showed it made a loss … Read More

Crowdstacker appoints credit committee chairman

April 3, 2019 |

CROWDSTACKER has hired former RBS senior corporate director Ken Hillen as its new credit committee chairman.

The peer-to-peer business lender announced the new appointment on Wednesday. Hillen has spent 40 years working in the financial services sector, having previously held … Read More

Crowdstacker’s Amicus investors “will be repaid in full”

March 6, 2019 |

ADMINISTRATORS have confirmed that Crowdstacker investors will be repaid in full for a £15.3m loan which has gone into default.

The loan – the largest that has been made on the platform so far – was made to property finance … 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

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

Crowdstacker passes £800k fundraising target on Seedrs

September 19, 2018 |

CROWDSTACKER has passed its fundraising target of £800,000 on Seedrs, which is its first major external investment into the business.

The business peer-to-peer lender has been running a private fundraise on the equity crowdfunding platform, offering 3.93 per cent of … Read More

The next stage

September 14, 2018 |

Crowdstacker was one of the first platforms to launch an Innovative Finance ISA, but it is not resting on its laurels, as chief executive and co-founder Karteek Patel explains…

CROWDSTACKER may represent one of the smaller members of the Peer-to-Peer … Read More