FUNDING Circle’s new UK managing director Lisa Jacobs has underlined the peer-to-peer lender’s continued commitment to retail investors and heralded the introduction of stricter regulatory standards.
In an exclusive interview with Peer2Peer Finance News, Jacobs (pictured) highlighted the importance of a diversity of funding sources in order to create a sustainable, long-term business.
“On a loan-by-loan basis, we are not prioritising institutional over retail,” she said.
“The loans our retail investors get are the same loans that institutional investors get. That’s a real positive for our retail investors – they are investing on the same terms as the institutions are, and getting the same product and the same returns. That’s quite rare.”
The role of the retail investor in the P2P industry has come under the spotlight recently, due to the introduction of new marketing restrictions.
“There is now a higher bar from the regulator in terms of what they are expecting you to do…And if you’re a retail investor, you should be happy that the bar is being set at a higher level,” she added.