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Peer2Peer Finance News | March 21, 2019

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LendingCrowd

LendingCrowd boosted by IFISA transfers from rivals

March 12, 2019 |

MORE THAN a fifth of ISA transfers to LendingCrowd’s Innovative Finance ISA (IFISA) have come from stocks and shares or other peer-to-peer lenders, the platform has revealed.

Data from the Edinburgh-based P2P lender shows that, as expected, the majority of … Read More

LendingCrowd to let investors split loans on secondary market

February 25, 2019 |

LENDINGCROWD has reformed its secondary market to let investors sell loan parts rather than the whole amount they have lent.

The peer-to-peer business lending platform said self select account users can now choose how much of a loan they want … Read More

Orca launches multi-platform IFISA

February 21, 2019 |

PEER-TO-PEER aggregator Orca has launched its first ISA offering, which will allow investors to earn up to 5.3 per cent in tax-free returns by investing across multiple P2P platforms.

The Innovative Finance ISA (IFISA) includes loans from Assetz Capital, Landbay, … Read More

LendingCrowd named among tech start-ups to watch

January 25, 2019 |

LENDINGCROWD has been named on a list of 30 fast-growing tech start-ups to watch, compiled by UK-based digital entrepreneur network Tech Nation.

The Edinburgh-based peer-to-peer lender is among the companies which have been recognised for their “early stage talent” and the expectation … Read More

Insolvency reforms bring secured loans into focus

December 5, 2018 |

THE TYPE of security taken by some peer-to-peer lenders has come under the spotlight amid proposed insolvency reforms.

Chancellor Philip Hammond announced in his 2018 Budget last month that HMRC would return to preferred creditor status in business insolvencies to … Read More

LendingCrowd names new chief marketing officer

November 23, 2018 |

LENDINGCROWD has appointed Darren Cairns (pictured) as its new chief marketing officer, in the latest senior hire for the Scottish peer-to-peer lender.

Cairns previously worked at London-based financial provider Neyber, and he has more than 20 years of experience in … 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

LendingCrowd passes loan landmark on anniversary

October 9, 2018 |

LENDINGCROWD has passed the landmark of 500 loan deals in the week of its fourth birthday, sparking a double celebration.

The lending milestone brings the peer-to-peer business lender’s cumulative loan volume to more than £45m.

LendingCrowd said that it has doubled its … Read More

Ex-Standard Life boss named chairman of LendingCrowd

October 1, 2018 |

CITY veteran Sir Sandy Crombie has been named chairman of Scottish peer-to-peer lender LendingCrowd.

Crombie (pictured right, with LendingCrowd chief executive Stuart Lunn), was appointed as chief executive of Standard Life Investments in 1994. He became group chief executive of … Read More