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Peer2Peer Finance News | August 17, 2019

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Zopa: Younger generations are saving more than you think

May 24, 2019 |

THE younger generation is more financially savvy than it is given credit for, Zopa claims.

Analysis by the peer-to-peer lender found that generation Z – those aged 18 to 22 – and millennials – people aged 23 to 38 – … Read More

P2P start-up launches to help millennials on to property ladder

January 15, 2019 |

FINTECH start-up StepLadder has launched a peer-to-peer savings platform which aims to help millennials onto the property ladder.

StepLadder says it is the UK’s first collaborative deposit saving platform, inspired by credit unions and building societies.

With the number of … Read More

‘Generation Snowflake’ really does care about retirement  

August 31, 2018 |

THEY are often labelled ‘Generation Snowflake’, caring more about frivolous spending than saving for the future, but new research from Prudential has found Millennials are in fact focused on retirement.

A study conducted by the insurer found that 69 per … Read More

Millennials dominate European P2P lending

May 23, 2018 |

MORE THAN half of all European peer-to-peer lenders are millennials, new research has found.

Data from European P2P loans platform has shown that the younger demographic is steadily taking over the leading position from the older generation of investors.

Read More

More millennials building property portfolios with crowdfunding

April 19, 2018 |

AN INCREASING number of millennials are investing via crowdfunding to get exposure to the property market, according to research from Shojin Property Partners.

The property crowdfunding platform said on Thursday that it has seen a 20 per cent increase in … Read More

Millennials snubbing cards for digital currency

April 11, 2018 |

MILLENNIALS are rejecting credit and debit cards for wearables and mobile phone wallets, research claims

A poll by banking software provider Crealogix Group, found 44 per cent of under-35s have never used a credit card while 11 per cent said … Read More

ArchOver: Gen X can learn from younger investors

January 18, 2018 |

MILLENNIALS aren’t just sitting around eating avocados and bingeing on Netflix but are actually investing more wisely than older generations, ArchOver claims.

The peer-to-peer business lender analysed investment behaviour millennials – typically those age 18-35 – and compared this with … Read More

Not just avocados! Millennials “out-investing” older generations

December 4, 2017 |

MILLENNIALS may be lambasted for spending too much of their money on luxuries or avocado toast, but research suggests this may not be the case.

A report by peer-to-peer business lender ArchOver found that millennials – those aged 18-34 – … Read More

Money management struggles for young business owners

November 15, 2017 |

THE next generation of entrepreneurs are finding it difficult to keep on top of their business finances, with around 60 per cent of millennial business owners stating that financial administration is one of the most stressful aspects of their role.

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Third of millennials borrowed over £1,000 last year

November 13, 2017 |

NEARLY a third (30 per cent) of consumers aged 18 to 25 borrowed more than £1,000 over the past year, research shows.

Equating to around two million people, it is the highest proportion of any demographic.

The report from Equiniti, … Read More