Archives for: July 2012

Peer-to-peer lending exceeds £300million

July 31st, 2012
P2P Money
The P2P Money website can exclusively report today that peer-to-peer lending in the UK has now passed the £300million mark.  This is another milestone in the peer-to-peer industry which is currently growing at a rate of approximately 60% per annum. T… more »

RateSetter rebranding

July 26th, 2012
RateSetter published some screen shots of their upcoming rebranding, and from first impressions they look stunning.  The mauve colour scheme has been replaced by purple, with some dark and mid greys on a white background.  There is also an additional vi… more »

Funding Circle 1.5% cashback

July 26th, 2012
Funding Circle
Funding Circle have yet again pushed the boat out to offer 1.5% cashback on new loans. August is shaping up to be a fantastic month – the sun has returned, Team GB is going for gold at the Olympics and it’s our second birthday! To kick off the party… more »

Crowdfunding vs P2P lending

July 23rd, 2012
There has been a lot of coverage recently with a new peer-to-business concept called "crowdfunding".  Crowdfunding is similar in many ways to peer-to-peer (and peer-to-business) lending except that as a lender you are not "lending" your money.  In most… more »

Lies, damn lies and statistics

July 20th, 2012
We have all seen the advertisements “8.8% gross yield”, “earn 8.6% AER", "average gross rate was 10.4%", "returns typically above 8%", "average interest... 10.49%".  One of the reasons the P2P Money website came into existence was to provide a level com… more »