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Peer2Peer Finance News | May 27, 2019

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Sancus Finance

GLI bosses received over £750k in bonuses despite 2018 loss

April 17, 2019 |

GLI FINANCE executives were collectively paid £784,250 in bonuses last year, despite the company sliding into losses.

The 2018 annual report released by the Aim-listed alternative finance group on Wednesday showed that chief executive Andrew Whelan received £370,800 in bonuses, … Read More

GLI Finance to close P2P supply finance platform

February 8, 2019 |

GLI FINANCE has announced it will close its loss-making peer-to-peer supply chain finance platform, blaming worsening market conditions and a £1.1m hit from an insolvent borrower.

The Aim-listed alternative finance group said on Friday that Sancus Finance is set to … Read More

Sancus hires ex-Handelsbanken executive for credit role

August 2, 2018 |

SANCUS Finance has appointed a former Handelsbanken executive to its credit team, as the company expands its business across the UK and Ireland.

Neil Harrington (pictured) has joined the alternative lending firm as senior credit manager, from his previous role … Read More

Old meets new

May 4, 2018 |

Dan Walker took over the helm at Sancus Finance at a pivotal time for the alternative lender. He talks to Peer2Peer Finance News about the new business structure and the benefits of a personal approach

Alternative lender Sancus Finance is … Read More

Sancus buys bosses’ stakes in Isle of Man business

November 24, 2017 |

GLI FINANCE has announced that its subsidiary Sancus BMS Group has agreed to buy directors’ remaining stakes in Sancus’ Isle of Man business to avoid conflicts of interests.

The Aim-listed alternative finance investment firm said on Friday that Sancus BMS … Read More

Sancus Finance hires Victoria Osgood as client manager

November 9, 2017 |

PEER-TO-PEER platform Sancus Finance has appointed Victoria Osgood as client manager.

Osgood will be responsible for managing client accounts on the supply finance platform.

She joins from HSBC where she was a senior auditor.

Prior to that, Osgood has held … Read More

Sancus Finance MD Caroline Langron to retire

November 1, 2017 |

SANCUS Finance has announced that its managing director Caroline Langron (pictured) will retire at the end of the year, to be replaced with Varengold’s Dan Walker.

The peer-to-peer invoice finance platform said on Wednesday that Walker will be responsible for leading … Read More

GLI’s turnaround project FundingKnight snaps up FCA approval

July 14, 2017 |

GLI FINANCE-OWNED lending platform FundingKnight has clinched full authorisation from the Financial Conduct Authority (FCA).

The final stamp of approval comes just one year after the platform went into administration and was rescued by the Aim-listed investment firm.

The peer-to-peer … Read More

GLI-backed Sancus BMS raises stake in Sancus Finance

July 3, 2017 |

SHARES in peer-to-peer invoice finance platform Sancus Finance have been repurchased by its parent company after being sold just a year ago.

The Sancus BMS Group, a subsidiary of Aim-listed investment firm GLI Finance, has reversed a transaction with a … Read More

Sancus increases Northern profile with new hire

June 15, 2017 |

SANCUS FINANCE has expanded its presence in the North of England by hiring Jennifer Roberts in the newly-created role of regional manager – north.

Roberts will be based in Manchester and will be responsible for increasing awareness of the P2P … Read More