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Peer2Peer Finance News | November 24, 2017

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Peter Behrens

The P2P Power 50

October 2, 2017 |

PEER-TO-PEER lending has rapidly grown into a multi-billion-pound industry, bringing together the best in banking and technology as well as lawyers, regulators, analysts and fund managers.

So, who are the key players influencing the UK’s P2P sector? The inaugural Peer2Peer … Read More

RateSetter: Even a millionaire could no longer live off savings interest

September 7, 2017 |

ROCK-BOTTOM interest rates are now challenging the convention that someone with £1m in savings could live off the interest, RateSetter claims.

The peer-to-peer platform’s latest savings tracker found on average UK adults think they would need an income of £26,140 … Read More

From disruptors to dealmakers

August 16, 2017 |

THE MOST significant M&A deals don’t always manage to grab the headlines. The business pages are packed with analyses of multi-billion dollar mergers or failed acquisitions, and the so-called 50 per cent failure rate is ominously cited any time there … Read More

RateSetter gives investors option to sell out free due to wholesale “interventions”

July 18, 2017 |

RATESETTER is giving all its lenders an option to sell out of their investment free of charges, as part of its wind-down of exposure to its wholesale lending portfolio.

The peer-to-peer platform wrote to investors on Tuesday to outline “interventions” … Read More

RateSetter buys former wholesale lending partners

May 2, 2017 |

RATESETTER has fully acquired two former wholesale lending partners and bought a stake in another, meaning it can still lend to the firms’ customers without flouting the City watchdog’s rules.

The Financial Conduct Authority recently confirmed that it was unhappy … Read More

RateSetter’s Peter Behrens joins George Banco board

April 10, 2017 |

RATESETTER’s co-founder and chief operating officer Peter Behrens has joined the directors’ board of guarantor loan provider George Banco.

The specialist lender, which provides finance to borrowers with poor or no credit history by involving a third person who can … Read More

RateSetter’s investors have earned £50m in interest

September 23, 2016 |

RATESETTER’S investors have earned more than £50m in interest since the peer-to-peer platform was launched in October 2010, earning an average rate of 4.7 per cent.

The company, which is one of the largest platforms in the market, is … Read More