Image Image Image Image Image Image Image Image Image Image

Peer2Peer Finance News | September 23, 2019

Scroll to top

Top

Karteek Patel

Wholesale lending deemed to be against P2P rules

February 10, 2017 |

PEER-TO-PEER platforms should not be engaging in wholesale lending, according to updated readings of regulations.

A number of P2P platforms have had wholesale lending operations in the past, where they lend investors’ money to other lenders.

But updated interpretations of Financial Conduct … Read More

Crowdstacker IFISA attracting £1m a month

January 6, 2017 |

CROWDSTACKER’S Innovative Finance ISA (IFISA) is attracting £1m from investors each month, the peer-to-peer lending platform’s chief executive has revealed.

Chief executive Karteek Patel said three out of four Crowdstacker investors now lend through the tax-free product. This is a marked increase from … Read More

Crowdstacker’s IFISA lures in new investors

October 20, 2016 |

90 PER CENT of Crowdstacker’s Innovative Finance ISA (IFISA) investors had not invested with the platform before, affirming predictions that the tax-free product would open up the industry to a wider range of retail investors.

And a fifth of its IFISA … Read More

Crowdstacker-backed Amicus applies for banking licence

October 18, 2016 |

AMICUS Finance, the bridge lender that peer-to-peer investors can lend to via Crowdstacker, has applied for a banking licence.

The property lender said on Tuesday it has submitted its application to the Prudential Regulation and the Financial Conduct Authority and … Read More

Crowdstacker sees 50 per cent of investment from IFISA

September 12, 2016 |

CROWDSTACKER, one of the only platforms currently authorised to offer the Innovative Finance ISA (IFISA), is now seeing half of its investment coming via the tax-free product, its chief executive has said.

The company launched in June 2015, making it … Read More