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Peer2Peer Finance News | June 17, 2019

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Samir Desai

P2P will prosper in a downturn, says Funding Circle’s Desai

November 18, 2016 |

AN ECONOMIC downturn will create opportunities for peer-to-peer lending, according to Samir Desai CBE, the co-founder and chief executive of Funding Circle.

“In times of economic dislocation, that’s when these opportunities become even greater,” he told Peer-to-Peer Finance News. “Banks … Read More

P2P shrugs off Brexit woes as Assetz becomes latest lender to break record

November 4, 2016 |

THE PEER-TO-PEER finance industry continues to shrug off Brexit concerns and hit new milestones in growth, as Assetz Capital becomes the latest lender to have a record-breaking month.

The Stockport-headquartered platform, which predominantly focuses on property lending, originated £26m of … Read More

New UK fintech conference to address funding gap

October 25, 2016 |

THE UK government is planning to hold a new, annual fintech conference in London, to address a “gap” in attracting international investment compared to other countries.

The decision to kick off the conference series was prompted by an EY … Read More

P2P securitisation trend continues as Funding Circle mulls new deals

October 24, 2016 |

FUNDING CIRCLE is now considering new securitisation deals, as the debt-packaging trend gathers pace in the UK.

The peer-to-peer lender’s chief executive and co-founder Samir Desai told Peer-to-Peer Finance News that Funding Circle “has plans to do more” securitisations in the … Read More

Funding Circle’s losses double

September 26, 2016 |

FUNDING Circle saw its losses double to almost £40m last year, as expanding overseas took its toll on the peer-to-peer platform’s balance sheet.

The London-headquartered firm has been investing heavily in the business in order to grow its presence … Read More