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Peer2Peer Finance News | September 16, 2019

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Liam Brooke

Lendy founder Liam Brooke steps down from wage advance firm

July 19, 2019 |

LENDY co-founder Liam Brooke has stepped down from a separate company he set up last year to provide wage advances.

Companies House documents show Brooke set up a firm called Copious Capital in July 2018 with Lendy chief operating officer … Read More

Lendy collapse: Who’s to blame?

July 16, 2019 |

THE collapse of peer-to-peer platform Lendy has left investors unable to access their funds and raises questions over how the platform was managed and regulated.

So, where should blame lie for Lendy’s downfall and what steps could have been taken … Read More

Investors in limbo after Lendy goes into administration

May 28, 2019 |

RETAIL investors have been left in limbo about the recovery of their funds after peer-to-peer lending platform Lendy went into administration, amid an investigation by the Financial Conduct Authority (FCA).

More than £160m is currently outstanding on Lendy’s loanbook, with … Read More

Lendy execs launch wage advance firm

May 1, 2019 |

LENDY co-founder Liam Brooke and former chief operating officer Robert Kelly have launched a separate company to enable firms to provide wage advances to employees.

Companies House documents show Brooke and Kelly, whose current role at Lendy remains a mystery, … Read More

Mystery over Lendy senior leadership continues

April 5, 2019 |

LENDY has insisted its first ever chief operating officer Robert Kelly is still with the business but his role remains unclear.

Kelly (pictured) joined the peer-to-peer property lending platform as its first-ever chief operating officer in May 2018, but he has left … Read More

Lendy rejigs recoveries board just three months after it launched

April 1, 2019 |

LENDY has reshuffled its senior leadership team, as it moves to reassure investors about its progress in recovering bad debts.

The peer-to-peer property lending platform confirmed in an investor update that three members of a board established to focus on … Read More

Is all plain sailing among Lendy leadership?

March 26, 2019 |

MYSTERY surrounds the current make-up of Lendy’s senior leadership team.

Several individuals appointed last year to great fanfare now appear to have quietly left the peer-to-peer property lending platform, which has been battling a slew of bad publicity over mounting … Read More

Lendy apologises for pace of loan repayments

December 6, 2018 |

LENDY has written to investors to apologise for repayment delays and has pledged to improve its governance, financial controls, liquidity, collections and compliance.

Investors on the peer-to-peer property lending platform have been concerned about high levels of arrears in recent … 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

Investors and platforms uneasy over Lendy loanbook

October 23, 2018 |

LENDY investors have been thrown into disarray amid a legal dispute with a borrower and high levels of arrears on the platform.

One of the peer-to-peer property lender’s borrowers is threatening to sue both the platform and its investors for … Read More