Uk Bond Network
GLI chief slams report of P2P divestment as “outrageous”
August 5, 2019 | Kathryn Gaw
GLI FINANCE chief executive Andy Whelan has refuted a recent report that claimed the firm is looking to divest its peer-to-peer lending platform portfolio.
An article in The Sunday Times, citing anonymous industry sources, said that the Aim-listed alternative finance … Read More
UK Bond Network transfers live book to another provider after closure
February 7, 2019 | Suzie Neuwirth
UK BOND Network (UKBN) has confirmed that live investments on its now-closed peer-to-peer bond auction platform will be managed by another regulated provider.
It emerged on Monday that UK Bond Network was no longer active, which it attributed to a … Read More
UK Bond Network shuts down P2P platform
February 4, 2019 | Marc Shoffman
UK BOND Network (UKBN) has mysteriously shut down its platform.
A notice has appeared on the website of the peer-to-peer bond auction platform stating that as of 4 February it is no longer active.
UKBN launched in 2013 and gained full … Read More
How do IFISAs stack up against stocks and shares ISAs?
August 9, 2018 | Tim Evershed
IN THE two years since the launch of the Innovative Finance ISA (IFISA) an abundance of options have been made available to investors.
The majority the UK’s peer-to-peer platforms have already launched their own IFISA options and so far more … Read More
A guide to liquid IFISAs
June 26, 2018 | Kathryn Gaw
IN THE world of finance, liquidity always comes at a cost. Instant access savings accounts pay less than fixed-term accounts, and most investment platforms deter withdrawals by charging hefty transaction fees. The world of peer-to-peer lending is not much different. … Read More
GLI Finance hopes fundraisings will reverse slow growth of fintech portfolio
April 13, 2018 | Marc Shoffman
GLI FINANCE has said that the growth rates of some of the fintech and peer-to-peer platforms it has backed have been slower than expected but hopes that equity fundraising rounds will boost the portfolio.
The alternative finance firm highlighted the valuations … Read More
Ultimate guide to Innovative Finance ISAs: Part three
February 22, 2018 | Emily Perryman
INVESTORS wishing to invest tax-efficiently in peer-to-peer business loans have a wide variety of Innovative Finance ISAs (IFISAs) to choose from.
On Wednesday, we looked at four IFISAs that enable people to lend to the UK’s small- and medium-sized enterprises … Read More
Cyber-security firm Defenx to raise up to £2m via UK Bond Network
August 9, 2017 | Suzie Neuwirth
CYBER security software firm Defenx is issuing up to £2m of convertible bonds via peer-to-peer bond auction platform UK Bond Network.
The Aim-listed company separately raised £1.425m in equity through a share placing and subscription on Monday. Defenx said that … Read More
UK Bond Network seeking to offer P2P securitised loans to retail investors
June 9, 2017 | Anna Brunetti
UK BOND Network (UKBN) may become the first platform to offer securitised peer-to-peer loans to UK retail investors through its Innovative Finance ISA.
The P2P bond auction firm, which underwrites bond deals of between £500k and £4m for business borrowers, … Read More
UK Bond Network unveils IFISA with 1pc cashback sweetener
March 28, 2017 | Anna Brunetti
UK BOND Network joined the innovative finance ISA providers’ league on Tuesday, launching a tax-free wrapper that will offer interest rates of between seven per cent and 12 per cent per year on a minimum £5,000 investment.
The peer-to-peer bond … Read More
