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Peer2Peer Finance News | August 21, 2017

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Wellesley & Co

Wellesley directors were paid more than £900,000 last year

June 22, 2017 |

WELLESLEY & Co’s directors collectively pocketed £923,000 last year, while the property lender reported a full-year loss of £210,288.

Chief executive and founder Graham Wellesley was awarded the highest salary of £342,000, while co-founder Andrew Turnbull took home £244,000, according … Read More

Wellesley puts P2P product on “pause” and boosts transparency

May 26, 2017 |

WELLESLEY & Co is putting its peer-to-peer lending activities on “pause” and has published details of its loan book for the first time, as it works towards gaining full authorisation from the Financial Conduct Authority (FCA).

From 31 May, the … 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