Funding Circle’s Lisa Jacobs highlights commitment to retail investors
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.”
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“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.
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