P2P Finance News - Alert

Barclays begins deploying funding through MarketInvoice

Fri, 09/06/2019 - 11:37
BARCLAYS has begun deploying funding directly through the MarketInvoice lending platform as the fintech-bank partnership struck in 2018 matures.

The House Crowd secures 500 pledges ahead of Seedrs launch

Fri, 09/06/2019 - 10:18
THE HOUSE Crowd has received more than 500 advance pledges and raised more than £100,000 ahead of its crowdfunding campaign going live on ...

Lendy Wealth website reopens but fund access still restricted

Fri, 09/06/2019 - 09:33
THE LENDY Wealth website has been reopened for investors but they are still unable to withdraw funds. A message from the collapsed peer-to-peer ...

Lendy investors must undergo new AML checks

Mon, 08/19/2019 - 08:37
LENDY investors will have to go through anti-money laundering (AML) checks again before they receive any money back. RSM, which was appointed ...

SME investments hailed as tonic for market volatility

Wed, 08/07/2019 - 15:45
PRIVATE equity investments into UK-based small- and medium-sized enterprises (SMEs) have been highlighted as a potential cure for market ...

EstateGuru expands into Portugal

Wed, 08/07/2019 - 12:43
CROSS-BORDER European peer-to-peer property lender EstateGuru has expanded into Portugal with its first project in the country now available for ...

RDL to announce special dividend after loan repayments

Wed, 08/07/2019 - 09:56
ALTERNATIVE lending fund RDL Realisation is set to announce a special dividend after receiving full repayment of its vehicle service contract (VSC) ...

Property investment firm Cogress launches IFISA

Wed, 08/07/2019 - 09:45
PROPERTY investment firm Cogress has launched an Innovative Finance ISA (IFISA), offering returns of up to 7.5 per cent. The firm is launching three ...

City watchdog rejects Mintos application

Mon, 05/13/2019 - 04:52
LATVIA-HEADQUARTERED peer-to-peer lender Mintos has been refused regulatory approval in the UK, three years after its initial application.

Wellesley hails positive performance of new bonds as it posts full-year profit

Thu, 05/02/2019 - 10:41
WELLESLEY has said that the performance of its new bonds “has been positive” so far and has maintained the fee earnings of the business, as it ...

Blend Network expands lending team

Thu, 05/02/2019 - 10:18
Blend Network has boosted its lending team with two new appointments. The peer-to-peer property lending platform has named Daniel Netzer as ...

P2PGI returns improve as it continues shift away from P2P assets

Thu, 05/02/2019 - 09:45
P2P Global Investments (P2PGI) reported an increase in its net asset value (NAV) return in March, as it continues to shift away from peer-to-peer ...

Surveyors eschew P2P property lenders on insurer concerns

Thu, 05/02/2019 - 05:03
SURVEYORS are avoiding working with peer-to-peer property lenders due to fears of multiple negligence claims. Peer2Peer Finance News ...

FCA register confirms restrictions on Lendy's activities

Wed, 04/24/2019 - 12:45
RUMOURS of restrictions on Lendy's regulated activities have been confirmed by the Financial Conduct Authority (FCA). An update to the City ...

Nationwide selects winners of Open Banking for Good challenge

Wed, 04/24/2019 - 12:33
NATIONWIDE has selected seven fintechs to take part in its Open Banking for Good challenge, to develop apps for financially vulnerable people.

Consumer P2P loans weigh on P2PGI fund returns

Wed, 04/24/2019 - 09:56
P2P Global Investments (P2PGI) has warned that its legacy peer-to-peer lending portfolio continues to be more volatile than expected despite posting ...

Funding Circle lowers return projections

Wed, 04/24/2019 - 09:45
FUNDING Circle has revised down its annual return projections in the face of a weaker environment for consumer credit. The peer-to-peer business ...

Crowdstacker appoints credit committee chairman

Wed, 04/03/2019 - 11:48
CROWDSTACKER has hired former RBS senior corporate director Ken Hillen as its new credit committee chairman. The peer-to-peer business lender ...

Zopa legacy portfolio drags on P2PGI performance

Wed, 04/03/2019 - 09:56
P2P GLOBAL Investments (P2PGI) has blamed its poorly-performing legacy Zopa portfolio for its latest net asset value (NAV) dip. The alternative ...

Funding Circle back in securitisation market with £187m deal

Tue, 04/02/2019 - 18:11
FUNDING Circle has entered the securitisation market for the third time, with a £187m portfolio of UK loans originated by the peer-to-peer business ...