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Peer2Peer Finance News | September 23, 2019

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Stuart Lunn

Ex-Standard Life boss named chairman of LendingCrowd

October 1, 2018 |

CITY veteran Sir Sandy Crombie has been named chairman of Scottish peer-to-peer lender LendingCrowd.

Crombie (pictured right, with LendingCrowd chief executive Stuart Lunn), was appointed as chief executive of Standard Life Investments in 1994. He became group chief executive of … Read More

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

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

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

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

LendingCrowd funds 33 Scottish SMEs after partnership deal

November 7, 2017 |

LENDINGCROWD has completed 33 loan deals to companies in Scotland after forming a partnership with economic development agency Scottish Enterprise a year ago.

The Edinburgh-based peer-to-peer lender said the deals amounted to a total of £3m.

Last October, Scottish Enterprise’s … Read More

Natural evolution

November 1, 2017 |

Stuart Lunn, co-founder and chief executive of peer-to-peer business lender LendingCrowd, explains why there is a place for both active and passive investing in P2P

THE ACTIVE versus passive debate was thrown into the spotlight recently when Funding Circle withdrew … Read More