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Peer2Peer Finance News | February 19, 2018

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Lending Works

Lending Works unveils Open Banking partner

February 19, 2018 |

LENDING Works has partnered with credit reference start-up Credit Kudos to provide its Open Banking infrastructure.

The peer-to-peer consumer lender said on Monday that its borrowers will use Credit Kudos to automate the process of applying for credit by removing … Read More

IFISAs: The long road

February 9, 2018 |

With the industry’s largest lenders now offering the Innovative Finance ISA, surely the tax wrapper will cement its status in the mainstream investment space this year? We provide an update on the product’s process

IT IS hoped that the 2017-18 … Read More

P2PFA member lending exceeds £8bn

January 26, 2018 |

MEMBERS of the Peer-to-Peer Finance Association (P2PFA) have lent more than £8bn since their launch, figures from the trade body reveal.

The eight P2PFA platform members – Crowdstacker, Folk2Folk, Funding Circle, Landbay, Lending Works, Market Invoice, ThinCats and Zopa – … Read More

P2P lenders gear up for Open Banking launch

January 12, 2018 |

MAJOR peer-to-peer lenders are beginning to get their propositions in order as the Open Banking customer data sharing initiative goes live on Saturday.

Under the new rules, the nine banks with the largest market share are required to adopt and … Read More

Levelling the playing field

January 9, 2018 |

Open Banking rules come into force this month with the potential to overhaul banking as we know it. Peer2Peer Finance News investigates what the changes mean for peer-to-peer lenders

IT MAY not yet be well known in the wider world … Read More

Fair trade

January 4, 2018 |

Nick Harding, chief executive and co-founder of Lending Works, explains how he will achieve £1bn of lending while sticking by his principles

IT’S ONLY JUST January and last year’s festive season is barely behind us, but the chief executive and … Read More

Was the Budget boom or bust for personal finance?

November 24, 2017 |

PEER-TO-PEER lenders are split about the outcome of the Budget for people’s finances.

RateSetter said there was “a notable absence of measures to help people put away more for the future” in Wednesday’s fiscal event, but Lending Works called it … Read More

IFISAs: The golden ticket

November 17, 2017 |

The Innovative Finance ISA may have got off to a slow start, but its potential for the peer-to-peer lending industry is immense. Peer2Peer Finance News delves into the past, present and future of the tax wrapper

THE Innovative Finance ISA (IFISA) … Read More

Lending Works urges chancellor to dig deeper for tech

November 17, 2017 |

THE CHANCELLOR has a chance to “dig a little deeper” to support the tech sector in his Budget next week, Lending Works has said.

The peer-to-peer platform has given its backing to the government’s financial support for the tech sector … Read More

Provision funds are still alive and well in P2P

October 31, 2017 |

THE UK’S oldest peer-to-peer lender is getting set to withdraw its provision fund but there are still platforms that investors can choose if they feel more comfortable with a safety net in place.

Zopa has announced it will wind down … Read More