LendingCrowd takes headcount to 40 with business development hires

LENDINGCROWD has appointed four senior business development managers to provide an alternative to the ‘call centre approach’ of banks.

The Edinburgh-based peer-to-peer lender said on Wednesday that the new recruits will focus on boosting its lending in different regions of … Read More

Institutional interest in P2P continues unabated in 2019

INSTITUTIONS have been highly active in the peer-to-peer lending space this year, in the form of both funding lines and equity investment.

Funding lines have helped P2P platforms to boost their lending volumes, while equity funding has been used by … Read More

LendingCrowd offers £50 summer bonus on ISA transfers

LENDINGCROWD has launched a summer-long cashback scheme designed to encourage more ISA transfers.

Until 31 August, the peer-to-peer platform is offering £50 to every investor who transfers at least £5,000 into a LendingCrowd Innovative Finance ISA (IFISA) from another ISA … Read More

Growth Finance Awards announces full list of finalists

A COMPREHENSIVE list of all finalists for the inaugural 2019 Growth Finance Awards has now been unveiled, with peer-to-peer lenders competing in a number of categories.

The 47 finalists, all providers of debt to UK businesses, were announced by Intelligent … Read More

P2P lenders feature heavily in list of Growth Finance finalists

PEER-TO-PEER lenders have been selected as finalists in a number of categories at the first-ever Growth Finance Awards, which celebrate the finance providers supporting growing businesses in the UK.

The awards launched this year to acknowledge the companies providing “more … Read More

LendingCrowd appoints first general counsel

LENDINGCROWD has appointed Robbie McKenzie to the newly created post of general counsel and chief risk and compliance officer.

McKenzie (pictured) joins the Scottish-based peer-to-peer lender from Pollen Street Capital where he held a similar role.

He has also held … Read More

LendingCrowd inks £18.75m funding deal with Scottish and Dutch investment banks

SCOTTISH lender LendingCrowd has announced a new funding deal worth £18.75m with the government-backed Scottish Investment Bank (SIB) and Dutch entrepreneurial bank NIBC.

The institutional funds will be lent via the peer-to-peer platform to UK small- and medium-sized enterprises (SMEs).

… Read More

Nothing ventured, nothing gained

Risk and returns go hand in hand, so how do peer-to-peer lenders offer competitive returns while protecting their customers? Marc Shoffman investigates…

RISK is an unavoidable component of investing and peer-to-peer lending is no exception.

The collapse of Collateral, rising … Read More

LendingCrowd adds diversification tools to portfolios

LENDINGCROWD has unveiled two new product features designed to improve diversification for investors.

The Scottish peer-to-peer business lending platform said investors in its Growth Account and Income Account can already create diversified portfolios, but with the addition of the AutoBalance … Read More

Five ways to add IFISA diversity

THIS WEEK is the busiest of the year for ISA providers and ISA savers alike. As the end of the tax year approaches, investors and savers are rushing to make the most of their annual ISA allowance, while ISA managers … Read More