Archives for: December 2013

Squirrl.com to close

December 26th, 2013
Squirrl.com
Squirrl.com has confirmed it is to close at the end of 2013.  We had predicted this only a month ago, and unfortunately this has proved to be true.  Squirrl.com last made a loan in December 2012 and since then there has not been any new loans listed on… more »

Companies exiting P2P market

December 15th, 2013
Encash
With no less than thirteen new peer-to-peer companies launching in 2013, there are two companies that have effectively exited the P2P market this year.  These companies are Encash (YES-secure) and Squirrl.com. Encash has only arranged three loans in 20… more »

The rise of future finance

December 13th, 2013
Nesta, along with Berkeley University of California and University of Cambridge, have published a report of the rise of future of finance.  This suggests that in 2013 there were £480million of loans made through peer-to-peer and peer-to-business lending… more »

P2P statistics Q4 2013

December 7th, 2013
P2P Money
Our recent quarterly update on peer-to-peer bad debt and late statistics have thrown up a few interesting, but also concerning, pieces of information.  Two of the major peer-to-peer companies are no longer publishing their bad debt and late statistics,… more »