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Peer2Peer Finance News | June 25, 2019

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Lending Works

Two P2P lenders named among fastest-growing tech firms

November 16, 2018 |

LANDBAY and Lending Works have been named among the fastest-growing technology companies in the UK.

The peer-to-peer lenders have been included in Deloitte’s UK Fast 50 – a list of the fastest-growing firms in the technology sector based on percentage … Read More

Lending Works increases lender rates to fund increased originations

November 7, 2018 |

LENDING Works has increased the rate on its five-year product in an effort to boost funds available for incoming originations.

Investors can now earn 6.5 per cent – up from six per cent previously – with the consumer peer-to-peer lender by … 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 returns are “hard to argue with” amid market uncertainty

October 19, 2018 |

UNCERTAINTY across global financial markets is boosting the case for peer-to-peer investment, according to Lending Works.

The peer-to-peer consumer lender said that while markets panic over a disorderly Brexit, soaring global debt, rising American interest rates and the Italian banking … Read More

Lending Works narrows losses in 2017

October 9, 2018 |

LENDING Works narrowed its losses last year, while increasing its headcount.

Small company accounts filed by the peer-to-peer consumer lender for the year ended 31 December 2017 showed a loss of £1.41m, taking its overall cumulative profit and loss account … Read More

Orca launches £500,000 crowdfunding campaign

September 17, 2018 |

ORCA has opened its £500,000 crowdfunding campaign to the wider public, as it eyes European expansion for its investment platform.

The peer-to-peer analysis and investment firm launched a private Seedrs fundraising last month for existing customers to help fund its … Read More

Five ways P2P lenders can capitalise on Open Banking

August 14, 2018 |

THE POTENTIAL of Open Banking is both huge and largely untapped so the onus is on peer-to-peer lenders to capitalise on it in order to attract new customers, give more services to existing customers and grow their businesses.

The Open … Read More

Lenders gear up for Open Banking revolution

August 8, 2018 |

MORE peer-to-peer lenders have revealed how they propose to capitalise on the opportunities presented by Open Banking.

David Bradley-Ward, chief executive of Ablrate, told Peer2Peer Finance News the secured business lender wants to automate some of the functions that are … Read More

Widespread variation in access to secondary markets

August 3, 2018 |

THE TIME it takes to fund and exit loans on the secondary market varies considerably across peer-to-peer lenders, research by Peer2Peer Finance News has found.

Lenders claim secondary markets enhance liquidity for investors, but on some platforms it can take … Read More

Lending Works calls for BoE rate hike

July 25, 2018 |

LENDING Works has urged the Bank of England to raise interest rates next month.

The peer-to-peer consumer lender said that “it is high time for some rebalancing” to help savers “who continue to see their money fall in real terms”.

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