Peer2Peer Finance News
The UK's first peer-to-peer finance magazine for investors and the industry
  • Home
  • News
    • Personal Finance News
    • Industry News
    • SME News
    • Global News
  • Property
  • IFISA
    • IFISA Guide
  • Video
  • Open Banking
  • Cryptocurrency
  • Features
    • Joint Ventures and Promoted Content
  • Comment & Analysis
  • What is P2P?
  • Partners
  • Events
    • Past Events
  • P2P Power 50
    • Power 50 2020
    • Power 50 2019
    • Power 50 2018
    • Power 50 2017
  • Sign up to our e-newsletters
  • Magazine
  • Directory
  • Jobs
  • My Account
    • Manage Account
    • Change Password
    • Log In
    • Log Out
shutterstock_709115971
April 16 2018

Ethical lender Triodos raises over £7m on its crowdfunding site

Tim Evershed Industry News, News crowdfunding, Dan Hird, IFISA, Mendip Renewables, Triodos Bank

ETHICAL lender and investor Triodos Bank has successfully raised over £7m on its crowdfunding platform.

The company, which only lends money to businesses deemed to be making a positive, social and cultural impact, launched its Triodos Crowdfunding brand in January.

“Since launching the crowdfunding platform, we have seen significant interest among investors looking to support pioneering, sustainable organisations and businesses,” said Dan Hird, head of corporate finance at Triodos Bank.

“The range of projects that have already been or are near to being funded is evidence of the potential of crowdfunding to prompt positive social, environmental and cultural change.

Read more: Final outstanding P2P loan on Trillion Fund gets paid off

“We are proud to be at the forefront of this movement and aim to support the funding of many more progressive projects on the Triodos Crowdfunding site.”

Triodos currently has four bond offers live on the platform, with interest rates ranging from five to seven per cent. The minimum investment can be as low as £100 and it is possible to hold all of the projects in an Innovative Finance ISA (IFISA) wrapper.

The latest offer to be successfully completed on the site was a £1.8m bond for Mendip Renewables, which will take a five-megawatt operational solar farm in Somerset into community ownership.

Read more: Ultimate guide to Innovative Finance ISAs: Part five

GLI Finance hopes fundraisings will reverse slow growth of fintech portfolio Infrastructure and energy crowd bond platform launched

Related Posts

CLOSED Out of business shop sign vector illustration

Industry News, News, Top 3, Uncategorized

SME lender warns many companies will not survive

London, UK - Downing street offices, entrance gate

Industry News, News, Top 3

Government responds to P2P fraud query

money UK

Industry News, News, Property, Top 3

The alternative lenders accredited for CBILS

Popular posts:

  • MP queries level of fraud in P2P lending
  • Aave launches higher risk, higher return option for…
  • Some firms set to pay more than maximum CBILS interest rate
  • Growth Street to return 100pc of investor funds
  • A year in the life of the 36H Group
  • Investors urged to look at ISA options ahead of…
Back To Top
  • Home
  • Contact
  • About
  • Team
  • Advertising
  • Subscribe
  • Privacy
  • T&Cs
  • Disclaimer

Follow Us on Social Media

© Peer2Peer Finance News 2020
• Additional design by