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Peer2Peer Finance News | November 25, 2017

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Ratesetter

Was the Budget boom or bust for personal finance?

November 24, 2017 |

PEER-TO-PEER lenders are split about the outcome of the Budget for people’s finances.

RateSetter said there was “a notable absence of measures to help people put away more for the future” in Wednesday’s fiscal event, but Lending Works called it … Read More

Chancellor to back support package for scale-ups

November 20, 2017 |

THE Chancellor is expected to give his backing this week to a series of recommendations aimed at supporting UK scale-ups, including the creation of a multi-billion pound fund.

The recommendations have been submitted to the Treasury by private sector bosses‎ … Read More

RateSetter, Funding Circle, Zopa feature in Women in Fintech Powerlist

November 16, 2017 |

FEMALE employees at RateSetter, Funding Circle, Zopa and Landbay have all made this year’s Women in Fintech Powerlist, which celebrates the achievements and talent of women across the sector.

The 370-strong list, compiled by industry trade body Innovate Finance, was … Read More

Strain on households persists as inflation holds steady

November 14, 2017 |

INFLATION remained at a five-year high of three per cent last month, putting continued strain on the budgets of UK households.

Economists suggested Consumer Price Inflation (CPI) has now reached a peak, but warned the headline figure masks an increase … Read More

RateSetter gets upgraded Down Under

November 13, 2017 |

RATESETTER’S Australian operations have been given a higher rating by SQM Research.

The independent ratings agency upgraded the peer-to-peer lending platform to a “favourable” rating and described its lending product as “approved investment grade.”

This puts it just one step … Read More

The sky’s the limit

November 9, 2017 |

First they disrupted the market, then they were regulated, and now they have the IFISA. It’s time for the peer-to-peer lending sector to embark on the next stage of its journey…

May you be cursed to live in interesting times … Read More

Funding Circle and RateSetter make LinkedIn’s ‘Top 25’ companies list

November 2, 2017 |

TWO peer-to-peer lenders have been ranked among the UK’s most in-demand startups, according to a new list from LinkedIn.

Funding Circle and RateSetter have been placed at number eight and number 21, respectively, in the ‘LinkedIn Top 25 Companies – … Read More

RateSetter changes approach to property loan defaults

November 1, 2017 |

RATESETTER is changing the way it deals with defaulted property development loans, which could involve taking control of the project and completing it itself.

The peer-to-peer lender said on Wednesday that if a property development is only partially completed and … Read More

RateSetter: BoE rate hike will have limited benefits for savers

October 31, 2017 |

RATESETTER has said that a forecast interest rate rise on Thursday would have limited positive effects on savers and moved to reassure investors that its business model would thrive in a higher interest rate environment.

The ‘big three’ peer-to-peer lender … Read More

Provision funds are still alive and well in P2P

October 31, 2017 |

THE UK’S oldest peer-to-peer lender is getting set to withdraw its provision fund but there are still platforms that investors can choose if they feel more comfortable with a safety net in place.

Zopa has announced it will wind down … Read More