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Peer2Peer Finance News | January 23, 2019

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Nick Harding

Lending Works increases lender rates to fund increased originations

November 7, 2018 |

LENDING Works has increased the rate on its five-year product in an effort to boost funds available for incoming originations.

Investors can now earn 6.5 per cent – up from six per cent previously – with the consumer peer-to-peer lender by … 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

Other people’s money

July 16, 2018 |

Consumer lending is a cornerstone of peer-to-peer finance, but with fears of a personal debt crisis and fierce competition, should platforms be worried? 

PEER-TO-PEER lending is a pretty diverse sector, with dozens of platforms out there offering everything from domestic … Read More

Lending Works secures £2.8m private equity investment

July 12, 2018 |

LENDING Works has received £2.8m of private equity funding.

The capital raise  was led by UK private equity house Maven Capital Partners, with £800,000 of backing from Pollen Street Capital and NVM Private Equity.

The proceeds will be used to … Read More

Lending Works passes £100m lending milestone

April 9, 2018 |

LENDING Works has passed its £100m lending milestone, doubling its year-on-year growth.

The peer-to-peer platform consumer finance platform had lent £100,099,590 by Monday 9 April, with consumer lenders allocating an average amount of £19,339. On Monday morning there were more … Read More

Lending Works unveils Open Banking partner

February 19, 2018 |

LENDING Works has partnered with credit reference start-up Credit Kudos to provide its Open Banking infrastructure.

The peer-to-peer consumer lender said on Monday that its borrowers will use Credit Kudos to automate the process of applying for credit by removing … Read More

IFISAs: The long road

February 9, 2018 |

With the industry’s largest lenders now offering the Innovative Finance ISA, surely the tax wrapper will cement its status in the mainstream investment space this year? We provide an update on the product’s process

IT IS hoped that the 2017-18 … Read More

P2P lenders gear up for Open Banking launch

January 12, 2018 |

MAJOR peer-to-peer lenders are beginning to get their propositions in order as the Open Banking customer data sharing initiative goes live on Saturday.

Under the new rules, the nine banks with the largest market share are required to adopt and … Read More

Levelling the playing field

January 9, 2018 |

Open Banking rules come into force this month with the potential to overhaul banking as we know it. Peer2Peer Finance News investigates what the changes mean for peer-to-peer lenders

IT MAY not yet be well known in the wider world … Read More

Fair trade

January 4, 2018 |

Nick Harding, chief executive and co-founder of Lending Works, explains how he will achieve £1bn of lending while sticking by his principles

IT’S ONLY JUST January and last year’s festive season is barely behind us, but the chief executive and … Read More