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Peer2Peer Finance News | January 16, 2018

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Millennials

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

Accenture: Don’t miss out on the big millennial opportunity

October 2, 2017 |

TRADITIONAL banks must continue to innovate and focus on the customer experience, otherwise they risk losing market share to tech companies and retailers.

This warning was issued by Accenture, after a survey of 2,000 UK consumers revealed that younger consumers … Read More

Not just avocado toast! Younger Oz investors flocking to RateSetter

September 20, 2017 |

RATESETTER is proving popular down under with millennials – typically those born in the early 1980s up to the mid 1990s – leading to a surge of investment into the lender’s one-month rolling product.

Data from RateSetter’s Australian platform, launched … Read More

RateSetter: Millennials are driving P2P growth in Australia

April 27, 2017 |

MILLENNIALS represent the largest retail investor group in the peer-to-peer lending market in Australia and will drive the sector’s growth, according to new research from RateSetter.

The London-headquartered P2P platform, which launched its Australian division to the public in 2014, … Read More

Just Google it! Millennials favour search engines over financial advice

April 19, 2017 |

MILLENNIALS are favouring search engines over professional financial advice when it comes to managing their own money, research claims.

A poll of more than 2,000 adults by Zurich UK claims 15 per cent of millennials, referring to those aged 18-34, … Read More

Millennials more likely to invest in P2P than the older generation

January 25, 2017 |

MILLENNIALS are four times more likely to have money invested in peer-to-peer platforms than people aged 55 and over, research by ThinCats has revealed.

A poll of more than 2,000 adults by the P2P business lender found that four per cent of 18 … Read More