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Peer2Peer Finance News | September 16, 2019

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MarketInvoice

MarketInvoice snaps up Santander exec as head of risk

April 3, 2017 |

MARKETINVOICE has hired Santander senior executive Shaun Alexander as its head of risk, in a move that underpins the peer-to-peer invoice finance specialist’s strive to widen its borrower range.

Alexander will work with the P2P platform’s co-founder and chief operating … Read More

MarketInvoice teams up with accounting software provider Xero

March 22, 2017 |

MARKETINVOICE has partnered with accounting software provider Xero to boost its network of small- and medium-sized businesses in need of finance.

The peer-to-peer lender, which specialises in invoice finance, will benefit from Xero’s existing pool of 862,000 subscribers, which include … Read More

MarketInvoice names Zopa’s Giles Andrews as chairman

March 20, 2017 |

ZOPA co-founder Giles Andrews OBE has been appointed chairman of MarketInvoice, to help support the peer-to-peer invoice finance platform’s plans for growth this year.

Andrews (pictured centre) will continue in his role of chairman of Zopa, the world’s first … Read More

Making capital work

March 14, 2017 |

MarketInvoice’s co-founder and chief executive Anil Stocker tells Peer-to-Peer Finance News how the platform plans to double its lending this year and team up with banks while beating them at their own game…

2016 was a good year for MarketInvoice. … Read More

P2P lending rises in January as Funding Circle hits £2bn milestone

February 21, 2017 |

FUNDING Circle became the second UK peer-to-peer lender to hit the £2bn milestone yesterday, as research showed that the sector had a strong start to the year.

Funding Circle’s UK division has now lent £2bn to small businesses, the … Read More

MarketInvoice launches new invoice finance product

February 9, 2017 |

MARKETINVOICE has launched a new invoice finance product that it expects will play a “big role” in helping the platform double its lending this year.

MarketInvoice Pro offers businesses an open funding line against their outstanding invoices, in contrast … Read More

MarketInvoice and Funding Circle represent P2P on fintech delivery panel

February 3, 2017 |

MARKETINVOICE and Funding Circle executives are among the industry experts selected for the Treasury-backed fintech delivery panel, which will aim to maintain the UK’s position as a global fintech hub.

Anil Stocker (pictured), chief executive of MarketInvoice and Martin … Read More

New rules to tackle £26bn owed to SMEs in late payments

January 31, 2017 |

THE GOVERNMENT has unveiled new reporting guidance for large businesses, to address the £26.3bn owed to small- and medium-sized enterprises (SMEs) in late payments.

The reporting guidance comes as small business minister Margot James announces new regulations in parliament. The … Read More

Who are the real main players in P2P?

January 30, 2017 |

FROM the main accountancy firms to Premiership football clubs guaranteeing Champions League status, many industries herald the top four, but who would rank the highest in peer-to-peer lending?

The release of the Peer-to-Peer Finance Association (P2PFA)’s lending data for the fourth … Read More

2016: P2P’s record year

January 19, 2017 |

·        £3bn lent out by platforms

·        Funding Circle breaks through the £100m mark

·        UK market could be worth £35.5bn by 2025

THE UK’S largest peer-to-peer lending platforms saw record growth last year, as commentators predict that 2017 … Read More