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Peer2Peer Finance News | October 23, 2018

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P2P business lending

Assetz to give 1pc extra interest to investors in Spring offer

March 12, 2018 |

ASSETZ Capital has launched a Spring bonus, giving its investors an additional one per cent target interest.

The peer-to-peer business lender said on Monday that all new funds lent between now and 4 April on the platform will now earn … Read More

Folk2Folk unveils IFISA as it gears up new branches

July 10, 2017 |

FOLK2FOLK has unveiled its new Innovative Finance ISA, opening the tax-free wrapper to existing clients first.

The peer-to-peer business lending platform will extend the product to new clients starting from 1 August, offering annual returns of either 5.5 per cent … Read More

ArchOver clinches £3m funding deal with Prospect Business Centres

July 6, 2017 |

ARCHOVER has secured a £3m financing arrangement with Prospect Business Centres (PBC), a serviced office space provider for UK and international corporates.

The peer-to-peer business platform has already raised £692,000 from investors and is currently funding an additional £400,000 as … Read More

ArchOver partners with SME debt specialist Escalate

June 14, 2017 |

ARCHOVER has clinched a partnership with dispute resolution firm Escalate, a move that it said will boost its ability to offer both borrowers and lenders a ramped-up level of security on repayments and debt settlement.

The small-and medium-sized enterprises (SME) … Read More

Growth Street snaps up 1,000 investors

June 7, 2017 |

GROWTH STREET has hit the 1,000 investor milestone, six months after making its offering available to retail lenders.

The peer-to-peer platform, which channels funds to small UK businesses, has enjoyed a steady influx of demand from investors under 35 years … Read More

P2P sector ready to take on institutional money challenge

June 2, 2017 |

THE PEER-TO-PEER sector is well equipped to head off the potential risks posed by the growing involvement of institutional money, which it needs in order to thrive, two industry executives have said.

Various sources recently voiced concerns that institutional investors could … Read More

Assetz Capital adds ex-bank specialist to regional director team

June 2, 2017 |

ASSETZ CAPITAL has hired former bank finance specialist Samantha Williamson to boost its team of regional relationship directors.

Williamson will supervise the peer-to-peer lending platform’s activities in the South Manchester region.

She previously worked as business development manager at financial independent … Read More

RateSetter snaps up £13m from Woodford and Artemis

May 30, 2017 |

RATESETTER has snapped up a further £13m equity capital from City investors, which brings the peer-to-peer platform’s valuation up to £200m.

The consumer and business lender announced on Tuesday that City heavyweight Neil Woodford’s fund Woodford Investment Management and asset management giant … Read More

RateSetter Australia launches green loan marketplace

May 26, 2017 |

RATESETTER has launched Australia’s first green loan marketplace, with AUS$20m (£15.5m) of seed capital from the Clean Energy Finance Corporation (CEFC).

The move from the peer-to-peer platform, which it expects will attract “thousands” of investors and lay the groundwork for … Read More

RateSetter fills top risk role with ex-GE Capital Bank’s Joanna Wright

May 22, 2017 |

RATESETTER has appointed Joanna Wright (pictured below) as chief risk officer, as part of the peer-to-peer lending platform’s recent strive to boost its risk management and reporting efficiency.

Wright joins from GE Capital Bank, where she headed a team of … Read More