‘Nudge technology’ attracts women to online investing platforms

WOMEN are turning to online investment platforms due to ‘nudge technology’, according to new research from Fidelity International.

The investment management group surveyed more than 1,000 women and found that 49 per cent favour online investing through websites or apps.

Regular … Read More

Lendy continues its expansion with three new senior hires

LENDY has continued its expansion with three senior hires in newly-created positions.

Shane Lewin (pictured) has joined the P2P platform as compliance officer, Shaun Reynolds has been named development finance support manager, and Pamela Guillamon has been appointed international marketing … Read More

FCA approval is no longer a three-horse race

AFTER an arduous 18-month process, Zopa became the first of the ‘big three’ peer-to-peer platforms to gain full approval from the Financial Conduct Authority (FCA) on Thursday, paving the way for the launch of its Innovative Finance ISA (IFISA).

The long-awaited … Read More

Basset & Gold launches fixed-rate IFISA

THE INNOVATIVE Finance ISA club is growing at full speed as fixed-income specialist Basset & Gold became the third player to unveil its tax-free wrapper on Tuesday.

The firm, which provides finance both to marketplace lending platforms and direct borrowers, … Read More

UK supermarkets’ property slump creates P2P opportunities

UK SUPERMARKETS are scaling back their property holdings, creating vast opportunities for developers and peer-to-peer lenders to fill the gap.

The recent online retail boom has forced supermarkets to sell off their property portfolios, which have seen their value plunge … Read More

Funding Circle’s SME securitisation wins higher ratings

MOODY’S has upgraded Funding Circle’s 2016 securitisation deal as it performed above expectations thanks to early repayments.

The rating agency said it upgraded four tranches of the securitised bonds after a number of underlying borrowers repaid interest and capital ahead … Read More

Platforms develop their own SIPPs

PEER-TO-PEER platforms are developing their own self-invested personal pension (SIPP) products, as mainstream SIPP providers tend to eschew the sector.

Crowdstacker and Folk2Folk have both told Peer-to-Peer Finance News that they are working on their own pension offering.

While P2P … Read More

Lending Works partners with global money app Revolut

LENDING Works has unveiled a new partnership with money management app Revolut, which the firms claim will provide consumers with instant credit at half the cost of UK banks.

The UK’s third largest peer-to-peer consumer lender had told Peer-to-Peer Finance … Read More

Zopa bags top consumer lender award

ZOPA reaffirmed its leading position in the peer-to-peer consumer space last night as it won the accolade of top consumer lending platform at LendIt’s awards in New York.

The world’s oldest P2P lender fended off competition from US consumer-finance heavyweights … Read More

Nicola Horlick’s Brave New World

No-one can dispute that Nicola Horlick knows a thing or two about money, so it’s rather fitting that the peer-to-peer lending venture she founded in 2013 is called Money&Co.

The seasoned fund manager’s envy-inducing CV includes becoming the youngest … Read More