Tags: fca

Folk2Folk obtain full FCA authorisation

December 7th, 2016
Folk2Folk
Yesterday Folk2Folk became the lastest peer-to-peer lending platform to obtain full FCA authorisation. Here is their full press release: Folk2Folk, one of the UK’s fastest growing peer-to-peer business lenders has today been awarded its full FCA aut… more »

LandlordInvest launches

December 5th, 2016
LandlordInvest
A new peer-to-peer lending platform LandlordInvest has launched today after obtaining full permission from the FCA.  LandlordInvest has now applied to become an ISA manager in order to offer Innovative Finance ISAs.  The time taken to obtain the necessa… more »

Reaction to Zopa launching a bank

November 18th, 2016
Zopa
P2P money was the first to break the news that Zopa was launching a bank on Wednesday. The reaction from experienced lenders on the P2P Independent Forum has been mixed, with some accusing Zopa of going over to the dark side. The user hendragon wrote:… more »

Insight into FCA requirements

October 27th, 2016
FCA
Yesterday I received an email from a peer-to-peer lending platform concerning some changes to their lending model.  The platform states that these changes have been requested by the FCA in order to make their lending model compliant with the relevant le… more »

Funding Empire suspends loans until FCA approval

October 27th, 2016
Funding Empire
Funding Empire has advised lenders that they will not be issuing any new loans until they have received full authorisation from the FCA which is expected in January 2017. Funding Empire have also been sold back to the founding team, who should a majorit… more »