Peer2Peer Finance News

Growth Street makes two new hires to support growth plans

GROWTH Street has bolstered its business development team, to help it achieve “significant growth” in 2019.

The peer-to-peer business lender said on Wednesday that Rob Kelly (pictured) has been appointed as head of sales for the South of England and Rhys Price … Read More

P2PFA member lending exceeds £10bn

PEER-TO-PEER Finance Association (P2PFA) platforms have cumulatively lent out more than £10bn, according to the trade body’s latest data.

The biggest growth came from lending to small businesses, the quarterly figures revealed.

Read more: P2PFA associate TLT names Andrew Lyon as … Read More

Bitbond becomes partner of payment platform Stripe

BLOCKCHAIN-BACKED peer-to-peer lender Bitbond has become a partner of payment platform Stripe, which will help it access more business borrowers. 

Bitbond, which is based in Berlin, connects individual and institutional investors with small business owners in need of working capital loans.

Read … Read More

P2P offers alternative for buy-to-let investors, says Relendex

RELENDEX chief executive Michael Lynn has said that the cooling of the buy-to-let (BTL) market has opened up opportunities for peer-to-peer investing.

Recent data from HMRC showed that BTL transactions fell by 11 per cent year-on-year in the third quarter of … Read More

Robocash partners with Inditrade to offer loans in India

ROBOCASH Group, which owns the European peer-to-peer lender Robo.cash, has teamed up with Inditrade Capital to launch a personal loans platform in India.

The new alternative finance provider, called Inditrade-Robocash, will offer short-term loans to people living in India ranging from £110 … Read More

Most City professionals don’t know what fintech bridges are

MORE than 50 per cent of people working in the financial services sector are unaware of global fintech bridges, a new study has revealed.

There are 46 fintech bridges in place across the world, encouraging collaboration and cooperation between governments, regulators … Read More

RateSetter is third most commonly-ranked firm on high-growth lists

RATESETTER is among the top three companies that have featured most often in lists of high-growth firms.

Beauhurst, which tracks 5,500 companies, analyses 19 high-growth lists and when a firm appears on one of them it creates a profile for … Read More

ThinCats secures £200m funding deal with BAE pension fund

THINCATS has secured a £200m facility with BAE Systems’ pension fund that will provide further funding for small- and medium-sized enterprises (SMEs).

The peer-to-peer business lender heralded the new agreement with BAE Systems Pensions, one of the world’s biggest pension funds, saying … Read More

Brexit will have little impact on us, says RateSetter

RATESETTER has said that Brexit will have little impact on the day-to-day running of its business, nor its ability to provide great investor returns.

The ‘big three’ peer-to-peer lender highlighted the fact that all of its investors and borrowers are … Read More

ECB board member calls for regulatory crackdown on shadow banking

NON-BANK financing is posing a risk to financial stability in the Eurozone and needs to be better regulated, a central banker has said.

Dutch economist Klaas Knot, who is a board member of the European Central Bank, has said that the … Read More