ABLRATE is offering new opportunities in property, green energy and technology sectors as it hits a new loanbook milestone.
The asset-backed peer-to-peer lender is marking the completion of £50m of loans.
It has paid back more than £7.5m of interest to investors and currently has more than £40m being traded on its secondary market.
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It comes as the platform announced in July that investors can now ‘follow’ loans they are not invested in, as part of a range of changes unveiled by the lender to prepare for incoming regulations.
Previously, customers only received updates on loans they had invested in, but now they will be able to choose which loans they would like to receive information on even if they are not invested.
The platform, which launched in 2015 and offers rates of between 10 and 15 per cent, also revealed it is working on a new user interface to prepare for the introduction of appropriateness tests from December as part of the Financial Conduct Authority’s (FCA) regulatory changes.