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Peer2Peer Finance News | October 22, 2017

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Metro Bank

This time it’s personal: the state of consumer lending in P2P

June 14, 2017 |

Consumer lending is the essence of peer-to-peer finance, but low interest rates and warnings of a debt bubble have taken the gloss off the sector. Can personal loan-focused platforms continue to thrive in the current climate?

In the peer-to-peer industry, … Read More

Metro Bank steers clear of unsecured consumer lending

April 27, 2017 |

METRO Bank, the challenger lender that partnered with Zopa, is steering clear of unsecured consumer finance as it sees it as highly uneconomical at the moment, its chief executive has said.

The firm, which announced a tie-up with the UK’s largest and oldest P2P platform … Read More

BBA would welcome Zopa bank as a member

December 15, 2016 |

ZOPA could become a member of the British Bankers’ Association (BBA) once it receives its licence, the trade body for the country’s banking sector has said.

Last month, the UK’s largest and oldest peer-to-peer lending platform announced that it is … Read More

Zopa plans to launch bank

November 16, 2016 |

ZOPA, the UK’s largest and oldest peer-to-peer lender, has announced that it is launching a bank.

The platform, which originates unsecured consumer loans, said on Wednesday that the bank will sit alongside its existing P2P business and will provide further … Read More

Zopa takes recruitment in-house as it scales up the business

October 7, 2016 |

ZOPA is looking to grow its partnerships team, as part of its recruitment overhaul to expand the business.

Peer-to-Peer Finance News has learnt that the UK’s largest peer-to-peer lender is moving from using an external agency, Talentful, to having an … Read More