Blog

Peer to peer lending is here to stay but banks will react to threat

Peer to peer lending is here to stay but banks will react to threat The head of the British Business Bank has stated that P2P lending is beginning to have an effect on the SME finance market, yet cautioned that banks would ascend to the competition. Keith Morgan, CEO of the state-backed institution, said: “positive […] Read More

Why banks are hesitant to enter the roller coaster of FinTech

Why banks are hesitant to enter the roller coaster of FinTech Nothing directly related to P2P or crowdfunding but the term FinTech does crossover in to other financial sectors and banks need to catch up too. How can one enable advancement in banking? The appropriate response lies in persuading the end user that innovation is […] Read More

P2P Platform: Lending Works gets £9m help from IFISA action

P2P Platform: Lending Works gets £9m help from IFISA action Lending Works, a peer-to-peer platform, has pulled in about £9m into its Innovative Finance ISA (IFISA) in its initial three months. The consumer loans supplier has recorded £8.8m of memberships into its IFISA since launching the product in February, with 815 investors lending an average […] Read More

P2P Lending Platforms: 7 Things Investors Should Know Before Investing

P2P Lending Platforms: 7 Things Investors Should Know Before Investing In the peer-to-peer lending world, investors potentially can get higher returns than what they can achieve from banks (via typical savings and deposit accounts). This is the primary reason why potential investors are tempted to get into the P2P industry. However, investors need to know certain […] Read More

P2P Lending: Funding Circle Plans to Stop Property Development Loaning

P2P Lending: Funding Circle Plans to Stop Property Development Loaning Peer-to-peer (P2P) lending platform, Funding Circle, has revealed plans to cease all property advancement lending by mid-2018. The decision will enable the company to concentrate assets on its core independent lending product in the UK, US, Germany, and the Netherlands. Funding Circle will keep on […] Read More

Meet Yielders: The Primary Islamic Digital Pioneer To Get FCA Accreditation

Meet Yielders: The Primary Islamic Digital Pioneer To Get FCA Accreditation Yielders crowdfunding assists Muslims get on the property ladder. London has, for quite some time, been a melting pot of culture. Presently, that diversity is beginning to spread into the capital’s digital finance. Yielders has turn into the UK’s first Islamic digital finance company […] Read More

P2P Lending: Opportunity For Lenders as SMEs Outside London Struggle to Access Fund

P2p Lending: Opportunity For Lenders as SMEs Outside London Struggle to Access Fund High-growth enterprises are emerging all over London, but research has claimed that those outside the country are striving to acquire finance. A publication by the Institute for Public Policy Research (IPPR) stated that there are 12,000 high-growth businesses throughout the UK – which it describes as firms having more than 10 employees and a staff or turnover growth rate of 20% in three years. Even so, the […] Read More

Will The Increase In US Rates Affect Peer-to-Peer Lending Sector?

Will The Increase In US Rates Affect Peer-to-Peer Lending Sector? In the recent years, the peer-to-peer lending (P2P) sector has offered returns of up to 7% to investors. Although investors can have direct exposure to the sector, several decide to put their money through specialist investment trusts. Rising interest rates in the US could hit […] Read More

Peer To Peer Lending Platform Aims to Treble Lending

Peer To Peer Lending Platform Aims to Treble Lending This year, Assetz Capital plans to lend about one-third of a billion pounds as it seeks to launch its Innovative Finance Isa (IFIsa). After lending £108m in 2016, the platform declared early this year that it had lent a total of £200m since 2013. Stuart Law, co-founder and chief executive officer of Assetz Capital, specified to Bridging & Commercial that it […] Read More

P2P Platforms: The UK Government Invests £85 Million Where Regulators Has ‘Concerns’

P2P Platforms: The UK Government Invests £85 Million Where Regulators Has ‘Concerns’ A report back in December last year claimed that £85 million worth of taxpayers money has been invested by the UK government into a lending industry where financial regulators identified to be a “potential investor detriment” – the peer-to-peer lending sector. In a FOI (Freedom of Information) request […] Read More