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Peer2Peer Finance News | September 23, 2019

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British Business Bank

Government urged to boost British Business Bank’s P2P resources

July 10, 2017 |

THE FEDERATION of Small Businesses (FSB) has called for the government to boost the resources it gives to the British Business Bank so firms can access better information on alternative sources of finance such as peer-to-peer lending.

A report by … Read More

British Business Bank pledges extra £20m to fund tech start-ups

June 29, 2017 |

THE BRITISH Business Bank (BBB) has increased its funding to UK technology start-ups by a further £20m, via small- and medium-sized enterprise (SME) lender Boost&Co.

The state-backed development bank said that the £20m was part of a £40m extension to … Read More

British Business Bank: P2P is here to stay but banks will react to threat

April 12, 2017 |

THE HEAD of the British Business Bank (BBB) has said that peer-to-peer lending is “starting to make an impact” on the small- and medium-sized enterprise (SME) finance market, but warned that banks would rise to the competition.

Keith Morgan, … Read More

Awareness of P2P drops north of London

February 21, 2017 |

AWARENESS of peer-to-peer finance products among small- and medium-sized enterprises (SMEs) is at its lowest in the Midlands and the north of England, the British Business Bank (BBB) has revealed.

The figures, revealed in its latest annual Small Business Finance Markets report, … Read More

UK government to lend further £40m through Funding Circle

January 5, 2017 |

THE GOVERNMENT-BACKED British Business Bank has pledged a further £40m for lending through Funding Circle.

The investment takes the total amount lent by the UK government through the platform to £100m.

The government’s Business Finance Partnership was an early backer of … Read More

A look back – the key P2P events of 2016

January 4, 2017 |

NO-ONE could have predicted half of the events which 2016 had in store for the peer-to-peer lending sector.

Company scandals, international trials, unexpected elections and evolving regulations made for an interesting year, and contributed towards the stunning growth of the … Read More

BBB-backed tech funding platform open to P2P startups

November 30, 2016 |

PEER-TO-PEER lenders are among the digital technology firms eligible to apply for a new venture platform backed by the British Business Bank (BBB), which will aim to invest more than £200m every year into UK startups and scaleups.

The … Read More

Autumn Statement: What does it mean for SME funding?

November 28, 2016 |

FUNDING for start-ups, corporate tax cuts, and high-speed broadband – at first glance, the Autumn Statement seemed to be full of good news for small- and medium-sized (SME) businesses. But zoom in on the fine print and a different story … Read More

BBB extends funding programme to P2P lenders

November 25, 2016 |

THE BRITISH Business Bank (BBB) has expanded its Enable Funding Programme to include peer-to-peer lenders for the first time.

The scheme, which gives lenders access to capital market funding, had previously been open only to UK-based banks which lend, or … Read More

Autumn Statement: Fintech front of queue for £2bn innovation investment

November 23, 2016 |

CHANCELLOR Philip Hammond has pledged a further £2bn for research and development, alongside £400m to support scale-ups, with fintech firms understood to be at the front of the queue.

Introducing the Autumn Statement to Parliament on Wednesday, the chancellor said that the innovation investments would … Read More