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Peer2Peer Finance News | August 24, 2019

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Rhydian Lewis

RateSetter ends cash incentive for new customers

October 5, 2016 |

RATESETTER has wound down its £100 ‘welcome bonus’ following an internal review.

The cashback scheme was available to any new customer who invested £1,000 or more on the platform and would be added to their account after a year. It … Read More

Ratesetter blames £4.9m loss on new fee structure

September 20, 2016 |

RATESETTER swung £4.9m into the red last year, but the peer-to-peer lender said the results were “in line with expectations” due to a new fee structure and investing in the business.

The firm posted a pre-tax loss of £4.9m in … Read More

Ratesetter doubles new investor accounts since base rate cut

September 16, 2016 |

RATESETTER has seen a surge of new investment since interest rates were cut one month ago, fueling hopes that more investors will turn to peer-to-peer lenders as the 0.25 per cent base rate is held for a second month.

The platform … Read More