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Peer2Peer Finance News | June 26, 2019

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Funding Circle set for fourth securitisation

June 17, 2019 |

FUNDING Circle is getting set for the fourth securitisation of a package of its small- and medium-sized enterprise (SME) loans.

A statement from Deutsche Bank said it has been mandated as arranger and lead manager for SBOLT 2019-2, a transaction … Read More

VPC thrives as P2P wind down continues

June 10, 2019 |

VPC Specialty Lending returned 19.54 per cent to investors between 17 March 2015 and 30 April 2019, with declared dividends of 27.5p.

According to its latest investor presentation, the investment trust has benefited from its gradual shift away from peer-to-peer … Read More

UK P2P sector poised for “significant further growth”

June 5, 2019 |

THE UK’S peer-to-peer lending sector is set to experience “significant further growth”, according to Standard & Poor’s.

A report released by the ratings agency this week said that the growing involvement of institutional funds and increased securitisation issuance are set … Read More

Funding Circle back in securitisation market with £187m deal

April 2, 2019 |

FUNDING Circle has entered the securitisation market for the third time, with a £187m portfolio of UK loans originated by the peer-to-peer business lender.

Alternative asset manager Pollen Street Capital is the equity sponsor of the deal, having backed Funding … Read More

Securitisation forecast to fuel growth of peer-to-peer lending

February 22, 2019 |

SECURITISATION will play a key role in the growth of marketplace – or peer-to-peer – lending in the UK and Europe, a credit agency has predicted.

In a report titled ‘Marketplace Lending – A Growing and Dynamic Global Market’, DBRS … Read More

Funding Circle returns to securitisation markets with £206m deal

April 30, 2018 |

A SECOND securitisation of Funding Circle loans has been unveiled, which will boost the portfolio of the P2P Global Investments (P2PGI) fund.

Deutsche Bank has said it is arranging a securitisation of 4,007 loans made through the peer-to-peer business lending … Read More

US platform Prosper lent out £2bn in 2017

March 26, 2018 |

US PEER-TO-PEER lending giant Prosper reported a 31 per cent rise in loan originations to $2.88bn (£2.02bn) in 2017, while its net losses narrowed slightly to $115m.

The consumer loans platform said in its full-year results on Monday that it had … Read More

P2PGI re-enters Numis buy list thanks to Zopa securitisation

October 27, 2017 |

P2P GLOBAL Investments (P2PGI) has been given a new buy recommendation from broker Numis thanks to the latest securitisation of Zopa loans in its portfolio.

Numis said it has put P2PGI on its buy list again, after its share price … Read More

Zopa says securitisation pricing shows confidence in P2P

October 25, 2017 |

ZOPA has hailed the confidence shown in the peer-to-peer asset class after its second securitisation was priced at significantly tighter spreads than last year’s transaction.

The P2P lender was involved in Europe’s first ever securitisation of unsecured consumer loans last … Read More

Funding Circle’s SME securitisation wins higher ratings

March 16, 2017 |

MOODY’S has upgraded Funding Circle’s 2016 securitisation deal as it performed above expectations thanks to early repayments.

The rating agency said it upgraded four tranches of the securitised bonds after a number of underlying borrowers repaid interest and capital ahead … Read More