Archives for: March 2014

Encash (YES-secure) to close

March 20th, 2014
Encash
Encash (YES-secure) has confirmed today that it is to close.  This is not unexpected as the company had not made any loans in 2014 and only made three in 2013. We are writing to advise you that YES-secure.com has decided to stop its Peer to Peer lend… more »

How will the FCA regulation affect the investor?

March 20th, 2014
FundingKnight
Welcome to first post written by Tom Hayward from FundingKnight, a peer to business lender who arrange crowdlending for businesses. It’s been common knowledge for some time now that the crowdfunding industry is soon to become regulated.  We look at how… more »

Peer-to-peer lending in an ISA

March 20th, 2014
P2P Money
The P2P money website broke the news yesterday on Twitter that peer-to-peer lending was to be included in an ISA. "Thelist of qualifying investments of ISAs will be extended to include peer-to-peer loans" #p2plending #Budget2014 pic.twitter.c… more »

Talking peer-to-peer

March 10th, 2014
Zopa was one of the first financial instutions to introduce a forum, where existing and new members could discuss all matters concerning Zopa and peer-to-peer lending.  Zopa also tolerated critism on the forum, and it was moderated by non-Zopa staff who… more »

FCA publishes rules for P2P lending

March 6th, 2014
Today the FCA (Financial Conduct Authority) have published the policy statement "The FCA’s regulatory approach to crowdfunding over the internet, and the promotion of non-readily realisable securities by other media".  The response was as we had expecte… more »