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Peer2Peer Finance News | September 23, 2019

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LendingCrowd

Lenders flock to Scotland as P2P sector takes off

September 17, 2018 |

SCOTLAND looks set to become a peer-to-peer lending hotspot despite fears about the potential impact of Brexit and another independence referendum.

This year has seen lenders such as Assetz Capital and The House Crowd expanding their presence in the country, … Read More

Living without EU

July 13, 2018 |

With the Brexit deadline looming ever closer, what does the future look like for UK peer-to-peer lending after we exit the bloc? 

If a week is a long time in politics, two years must seem like a lifetime. But that … Read More

Lenders slam rise in SME funding aggregators

July 12, 2018 |

RAPID growth in the number of small- and medium-sized enterprise (SME) funding aggregator platforms has been met with scepticism by peer-to-peer lenders, who argue they are a tiny source of business and add an unnecessary extra layer of fees.

The … Read More

LendingCrowd to seek VC funding as lending triples

July 5, 2018 |

LENDINGCROWD is gearing up to secure venture capital funding in the next 12 months after its lending almost tripled in the first half of 2018.

The peer-to-peer lender for small-and-medium-sized enterprises (SMEs) said it lent £14m in the first six … Read More

P2PFA accused of reducing transparency after loanbook changes

June 20, 2018 |

THE PEER-TO-PEER Finance Association (P2PFA) has been accused of reducing transparency and hindering efforts to enhance investor protection after changing the rules governing how firms publish their loanbook.

Previously, members of the self-regulated trade body were obliged to publish their … Read More

P2P lenders show there’s life outside London

June 4, 2018 |

LONDON might be the financial capital of Europe but the peer-to-peer lending sector is showing that there is life beyond the UK’s biggest city.

P2P lenders headquartered around the UK’s regions are demonstrating impressive growth, while helping create employment in … Read More

LendingCrowd hits record month for loans

June 1, 2018 |

LENDINGCROWD recorded its best-ever month for completed loan deals in May.

The peer-to-peer business lender said on Friday that it facilitated £3m of lending last month, securing loans for 36 borrowers across a range of sectors.

The Edinburgh-based firm is … Read More

LendingCrowd secures £2m of institutional funding

March 28, 2018 |

LENDINGCROWD has secured external funding of £2m that will help ramp up its sales and marketing activities.

The peer-to-peer business lender said on Wednesday that the funding round had come from previous backers in angel syndicate Equity Gap, the Scottish … Read More

LendingCrowd IFISA trounces return target on first birthday

March 9, 2018 |

LENDINGCROWD has marked the first anniversary of its original Innovative Finance ISA (IFISA) product, with fewer bad debts than expected ramping up returns to an average of 8.5 per cent.

LendingCrowd’s Growth ISA, which invests in peer-to-peer business loans, has … Read More

A credible choice

February 1, 2018 |

Stuart Lunn, chief executive and co-founder of LendingCrowd, explains why investors are flocking towards the peer-to-peer business lender’s Innovative Finance ISA

“IT’S AN exciting time for us,” asserts Stuart Lunn, chief executive and co-founder of peer-to-peer business lender LendingCrowd.

“There’s … Read More