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Peer2Peer Finance News | August 18, 2019

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Landbay raises more than £2.4m on Seedrs

August 18, 2017 |

LANDBAY has raised more than £2.4m in its latest funding round on Seedrs, to support its expansion plans.

The peer-to-peer lender, which specialises in buy-to-let mortgages, raised £2,440,266, comfortably exceeding its target of £1.5m.

The London-headquartered firm has raised around … Read More

Flender completes first wave of funded SME loans

July 6, 2017 |

IRISH peer-to-peer platform Flender has announced its first batch of successfully funded SME loans.

The lender, which launched earlier this year, has helped raise finance for five SMEs, with an average loan value of £25,000 and an average interest rates … Read More

Landbay launches private funding round for existing investors

March 14, 2017 |

LANDBAY is giving investors who have previously backed the platform on Seedrs the chance to increase their stake in the business.

The property peer-to-peer platform has launched a funding round on Seedrs for existing investors after securing external finance.

All Seedrs … Read More

Welendus raises £100,000 after lowering crowdfunding target

March 8, 2017 |

PEER-TO-PEER payday loan platform Welendus has raised more than £100,000 through crowdfunding after relaunching its fundraising campaign on Seedrs two weeks ago.

The platform, which wants to shake-up the payday lending market by offering more reasonable interest rates, launched a … Read More

Flender appoints Equifax for loan underwriting

February 1, 2017 |

PEER-TO-PEER lending platform Flender has hired credit report service Equifax to support the underwriting of its loans.

Equifax will supply real-time consumer and commercial data to automate the underwriting process and help Flender better assess applications for loans from small- and … Read More

Welendus hits quarter of crowdfunding target in first week

January 30, 2017 |

PEER-TO-PEER payday loan platform Welendus has raised more than 25 per cent of its crowdfunding target just a week after launch.

Welendus, which wants to shake-up the payday lending market by offering more reasonable interest rates, launched a crowdfunding campaign on … Read More

Welendus launches £300,000 crowdfunding campaign

January 23, 2017 |

PAYDAY peer-to-peer lender Welendus is looking to raise £300,000 through a crowdfunding campaign, as it pushes its launch date back to later this quarter.

The platform, which originally planned to launch in January, intends to turn around the reputation of the payday … Read More

Social lending P2P platform Flender hits £500k target

January 13, 2017 |

SOCIAL lending peer-to-peer platform Flender has successfully raised half a million pounds through crowdfunding site Seedrs and is now preparing for a launch this quarter.

Oli Cavanagh (pictured), founder of Flender, said the money, raised in return for a 10 … Read More

One in 20 Brits have lent over £5,000 to a friend

December 20, 2016 |

ALMOST one in 20 (four per cent) of Brits have lent more than £5,000 to a friend, yet 42 per cent of these informal peer-to-peer lenders never see their money again, a new survey has found.

According to upcoming P2P … Read More

Wellesley & Co narrowly avoids being struck off

December 7, 2016 |

PEER-TO-PEER lender Wellesley & Co has avoided being struck off the Companies House register after filing its late accounts at the eleventh hour.

Last week, the firm received a First Gazette notice for compulsory strike-off from Companies’ House, giving it … Read More