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Peer2Peer Finance News | June 17, 2019

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LendingCrowd

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

Lenders flock to Scotland as P2P sector takes off

September 17, 2018 |

SCOTLAND looks set to become a peer-to-peer lending hotspot despite fears about the potential impact of Brexit and another independence referendum.

This year has seen lenders such as Assetz Capital and The House Crowd expanding their presence in the country, … Read More

Living without EU

July 13, 2018 |

With the Brexit deadline looming ever closer, what does the future look like for UK peer-to-peer lending after we exit the bloc? 

If a week is a long time in politics, two years must seem like a lifetime. But that … Read More

Lenders slam rise in SME funding aggregators

July 12, 2018 |

RAPID growth in the number of small- and medium-sized enterprise (SME) funding aggregator platforms has been met with scepticism by peer-to-peer lenders, who argue they are a tiny source of business and add an unnecessary extra layer of fees.

The … Read More

LendingCrowd to seek VC funding as lending triples

July 5, 2018 |

LENDINGCROWD is gearing up to secure venture capital funding in the next 12 months after its lending almost tripled in the first half of 2018.

The peer-to-peer lender for small-and-medium-sized enterprises (SMEs) said it lent £14m in the first six … Read More

P2PFA accused of reducing transparency after loanbook changes

June 20, 2018 |

THE PEER-TO-PEER Finance Association (P2PFA) has been accused of reducing transparency and hindering efforts to enhance investor protection after changing the rules governing how firms publish their loanbook.

Previously, members of the self-regulated trade body were obliged to publish their … Read More

P2P lenders show there’s life outside London

June 4, 2018 |

LONDON might be the financial capital of Europe but the peer-to-peer lending sector is showing that there is life beyond the UK’s biggest city.

P2P lenders headquartered around the UK’s regions are demonstrating impressive growth, while helping create employment in … Read More