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Peer2Peer Finance News | February 23, 2019

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Collateral administrator unable to provide tax statements for investor returns

January 22, 2019 |

COLLATERAL investors may be unable to disclose how much interest they earned from the defunct peer-to-peer lender for the 2017/2018 tax year as the deadline for returns looms.

A notice from BDO, the administrator for Collateral – which collapsed last … Read More

Assetz Exchange gets set for wider public launch

January 16, 2019 |

ASSETZ Group’s new buy-to-let platform Assetz Exchange is set to go live today (16 January).

Assetz Exchange has been running a private crowdfunding round on Seedrs which will also open to the public in the coming weeks, having so far … Read More

Nicola Horlick defends Money&Co’s financial performance

January 7, 2019 |

MONEY&CO – founded by City superwoman Nicola Horlick – has hit out at mainstream media coverage of the peer-to-peer business lending platform’s financial health.

Coverage of the lender’s latest accounts for the year to March 2018 over the weekend focused … Read More

Zopa invites customers to test its banking products

December 4, 2018 |

ZOPA is inviting its current investors to start testing its banking products ahead of a full launch.

The peer-to-peer lending giant received its banking licence on 4 December and said its staff – or Zopians – will test the products … Read More

CrowdProperty to launch an auto-invest product in 2019

December 3, 2018 |

CROWDPROPERTY is preparing to launch an auto-invest tool on its peer-to-peer property lending platform.

Mike Bristow (pictured), chief executive of CrowdProperty, said the functionality would be introduced at some point next year.

Read more: CrowdProperty loanbook hits £25m

“We are … Read More

Venture capital investor joins Landbay board

November 30, 2018 |

THE FOUNDER of a venture capital fund that has invested in Landbay has been named as a director of the peer-to-peer property lender.

Michael Baptista, who has invested in Landbay through his Assembly Capital Partners fund, has been appointed as … Read More

Technology and sales focus provide boost to Growth Street returns

November 29, 2018 |

INVESTORS on the Growth Street peer-to-peer lending platform have seen a 16.7 per cent annual boost in returns so far in 2018.

The business P2P lender has revealed its effective annual rate – the average investors can earn when taking into … Read More

One in six households apply for loans to cover household bills

November 9, 2018 |

FIFTEEN per cent of short-term loan applications are being made to cover household bills, new research has revealed.

Of the 35,000 loans peer-to-peer lender Welendus has received this year, 5,000 have been to meet the cost of regular bills.

The … Read More

Mintos partners with Trustly to offer real-time transfers

October 4, 2018 |

MINTOS, Europe’s largest peer-to-peer marketplace, has partnered with payments company Trustly to offer its customers the option to transfer funds in real-time from bank accounts across Europe.

Mintos said the collaboration with Swedish e-payments company Trustly will allow investors using … Read More

No P2P applications to FCA rejected but most are withdrawn, data reveals

August 30, 2018 |

NOT A single application by a peer-to-peer lender for FCA authorisation was rejected outright since the regulator took over responsibility for the sector in 2014, but more than 80 per cent of applications were withdrawn.

The data was revealed in … Read More