p2p platforms

peer-to-peer-lending-analysing-the-facts

Peer-To-Peer Lending: Analysing the Facts

Peer-To-Peer Lending: Analysing the Facts Peer to Peer (P2P) lending is an idea that has been around for many years and the process is fairly simple. There are two parties — the lender and the borrower. The lender has the capital (or funds) accessible for a loan. The borrower has the requirement for the capital and would like […] Read More

Can Peer-To-Peer Lending Kill Non-Banking Financial Companies?

Can Peer-To-Peer Lending Kill Non-Banking Financial Companies? Peer-to-peer (P2P) lending is a debt system that permits individuals to acquire or loan funds without involving any official financial institution. While Non-Banking Financial Companies (NBFCs) are financial establishments that offer banking services without meeting the legal definition of a bank. With the emergence of numerous alternative lending platforms, […] Read More

Peer-To-Peer Platforms: FCA Broadens Credit Assessment Regulation

Peer-To-Peer Platforms: FCA Broadens Credit Assessment Regulation The Financial Conduct Authority (FCA) is advising broadening the range of affordability valuations for peer-to-peer platforms (p2p platforms) as part of a more extensive analysis of the high-cost credit segment. A conference brought out by the City regulator stated there was a “gap in the regulatory” administration for P2P […] Read More

P2P Lending Platforms Are Riskier Than Many Realise – Or Are They?

P2P Lending Platforms Are Riskier Than Many Realise – Or Are They? Peer to peer lending has given hope to consumer savers who are seeking a better return on their money. However, it may be perceived as a riskier form of investment. Are the new generation of crowdfunding platforms that have followed peer to peer […] Read More

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

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

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

P2P platforms in the UK: FCA is worried knowing that some firms are purchasing each other’s loans

P2P platforms in the UK: FCA is worried knowing that some firms are purchasing each other’s loans Britain’s Financial Conduct Authority (FCA) has found some unlikely practices made by some peer-to-peer (P2P) lending platforms — they are using client money to purchase loans on rival platforms instead of funding loans over their own platforms. Andrew Bailey, FCA’s CEO, told Business Insider that they […] Read More