Peer2Peer Finance News

Goji to improve payment solutions with Starling partnership

DIRECT lending investment manager Goji has partnered with Starling Bank as it aims to improve its payment solutions processes.

The partnership will allow Goji to provide its clients with an ISA-compliant CASS solution that is run over Faster Payments.

It … Read More

Lithuanian P2P platform NEO Finance passes crowdfunding target

LITHUANIAN peer-to-peer lender NEO Finance has passed its target on equity crowdfunding platform Seedrs.

NEO Finance launched its campaign in October aiming to raise €200,000 (£178,000).

It has now raised €205,730 from almost 350 investors.

NEO Finance, which was founded … Read More

First-time homebuyers ready to sell jewellery to fund deposits

NEARLY two thirds of first-time homebuyers would sell valuable items such as jewellery in order to raise a deposit, according to new research.

A survey commissioned by The Nottingham Building Society found that 63 per cent of people looking to … Read More

Appetite for alternative assets grows among HNW investors

A QUARTER of high net worth (HNW) investors are now allocating at least one fifth of their wealth into alternative assets such as peer-to-peer lending, according to new research.

Alternative assets help HNW investors broaden diversification the in their portfolios … Read More

Digital lenders must invest more in tech to take on traditional banks

DIGITAL lenders have been urged to invest further in technology in order to cut their costs and compete successfully with traditional banks.

A white paper released by AI-led identity verification solutions provider Mitek, authored by fintech research firm Autonomous NEXT, found … Read More

Relendex secures £72m City funding line

RELENDEX has secured a new £72m funding line from an unnamed institutional investor, as it eyes £100m of lending in 2019.

The peer-to-peer property lender said on Monday that the two-year agreement will give it a minimum of £3m per month … Read More

MarketInvoice showcases platform at Xerocon

MARKETINVOICE is showcasing its new online platform to accountants, financial directors and entrepreneurs at Xerocon 2018 this week.

The platform will give Barclays business banking customers direct access to MarketInvoice funding solutions.

The platform’s integration with Xero enables businesses to … Read More

Mintos raises €5m for banking services launch

EUROPEAN lending marketplace Mintos has raised €5m (£4.3m) as it aims to launch banking services to its customers.

Latvian venture capital firm Grumpy Investments, which was previously known as Skillion Ventures, has made the investment into Mintos.

Mintos says the … Read More

Landbay: London property prices putting a brake on UK market

STAGNANT house prices in London are acting as a brake on UK house price growth elsewhere, according to Landbay chief executive John Goodall (pictured).

The latest Office for National Statistics (ONS) house price index shows that UK house prices increased … Read More

Growth Street appoints Wales and South West BDM

GROWTH Street has appointed Gareth Pritchard as its first business development manager for Wales and the South West of England.

Pritchard joins the peer-to-peer lender from Lloyd’s Bank, where he has spent 17 years in the small- and medium-sized enterprise … Read More