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Peer2Peer Finance News | June 24, 2018

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Trillion Fund

Green loans dry up as lenders target “low hanging fruit”

June 15, 2018 |

A DEARTH of renewable energy loans has been blamed on over-zealous lenders chasing “low hanging fruit” and an end to a government-backed subsidy programme.

In May, Assetz Capital closed its Green Energy Account (GEA) and in March, defunct P2P platform … Read More

Collateral closure puts living wills into question

June 8, 2018 |

THE COLLAPSE of peer-to-peer lender Collateral has shined a spotlight on the role of living wills in the event of a platform failure.

The Financial Conduct Authority (FCA) gained court approval last month to replace Collateral’s administrator Refresh Recovery with … Read More

Light at the end of the tunnel for green energy P2P lenders

June 4, 2018 |

RENEWABLE energy is in the midst of a “turnaround”, according to Trillion Fund’s chief executive, which could benefit the peer-to-peer lending sector.

Theresa Burton heads up the wound-down green energy P2P platform, which closed to new investment in 2015 after … Read More

Final outstanding P2P loan on Trillion Fund gets paid off

March 29, 2018 |

THE FINAL loan on closed renewables peer-to-peer platform Trillion Fund has been paid off as the lender gears up for a sale of its technology and infrastructure.

The platform’s technology was put up for sale in March 2017 at the same time as … Read More

Two firms considering purchase of Trillion Fund technology

February 2, 2018 |

TWO companies are considering purchasing the assets and infrastructure of renewable energy peer-to-peer loans provider Trillion Fund.

The platform’s technology was put up for sale in March 2017 and chief executive Theresa Burton said 25 parties have shown an interest … Read More

White label P2P platform Trillion Fund up for sale

March 6, 2017 |

RENEWABLE energy peer-to-peer loans provider Trillion Fund is up for sale.

The platform, which stopped offering loans for P2P projects in 2015 after government renewable energy subsidies were cut, has struggled to make its white-label crowdfunding service financially viable.

Trillion Fund launched … Read More