Funding Circle targets overseas growth as revenues soar

September 27, 2017 | Suzie Neuwirth

FUNDING Circle reported a 59 per cent jump in full-year revenue and narrowed its losses, as the platform eyes further international expansion.

The peer-to-peer business lender posted revenue of £50.9m for 2016, up from £32m the previous year, while losses … Read More

Folk2Folk CEO Jane Dumeresque resigns

September 7, 2017 | Suzie Neuwirth

FOLK2FOLK has announced that its chief executive Jane Dumeresque (pictured) is stepping down this month.

The Cornwall-headquartered peer-to-peer lender said on Thursday that an announcement regarding her replacement will be made in due course. In the interim period, chairman Tim … Read More

Funding Circle kicks off £12m marketing drive to become first choice for SMEs

August 30, 2017 | Suzie Neuwirth

FUNDING Circle is planning to spend £12m on marketing across large media channels and through more specialist avenues, to become “the first choice for business borrowers and investors globally”.

The six-month advertising drive kicked off on Tuesday with the debut … Read More

ArchOver hires banking veteran Nick Jones as regional director

August 15, 2017 | Suzie Neuwirth

ARCHOVER has named banking veteran Nick Jones (pictured) as its regional director, to grow its network of borrowers across the Thames Valley and Chiltern areas.

The peer-to-peer business lender said on Tuesday that Jones will proactively identify businesses that have … Read More

Assetz bolsters Scottish team with Bank of Scotland’s Ian Craig

July 17, 2017 | Suzie Neuwirth

ASSETZ Capital has hired former Bank of Scotland relationship director Ian Craig (pictured) to help boost its business in Scotland.

The peer-to-peer business lender said on Monday that Craig will be based in the Edinburgh office, where he will be … Read More

Crowd2Fund expands into secured property lending

June 19, 2017 | Suzie Neuwirth

CROWD2FUND has expanded into the secured property lending sector, which it hopes will attract more risk-averse investors.

As Peer2Peer Finance News reported last month, the peer-to-peer lender will provide loans secured against commercial property from a minimum of £100,000, offering … Read More

Growth Street announces two senior hires

April 11, 2017 | Suzie Neuwirth

GROWTH Street has unveiled two new senior appointments that it hopes will aid the peer-to-peer lender’s expansion plans this year.  

The platform, which was purely a business-to-business lender until it received regulatory permission to accept retail investors last December, … Read More