Categories: News, Lending, Borrowing

Zopa reduce lending rates

September 2nd, 2016
Zopa
Zopa have announced that they will be reducing lending rates by 0.2% from 8th September following the reduction in the Band of England base rate. Here is the email sent to Zopa lenders: We're writing to let you know about upcoming changes to headlin… more »

Collateral promoted, Wellesley & Co relegated

August 26th, 2016
Collateral
There are numerous metrics to gauge the growing success or falling favour of a peer-to-peer platform, including loans arranged, current loan book value, reviews or industry awards. How often a company is mentioned in the press or discussed can also be a… more »

Skin in the game

August 18th, 2016
P2P Independent Forum
There has been some discussion on the P2P Independent Forum about peer-to-peer platforms having "skin in the game".  This refers to peer-to-peer companies investing some of their own funds in each loan.  Wellesley & Co became the first peer-to-peer… more »

Funding Circle has helped create 40,000 jobs

August 16th, 2016
Funding Circle
A report by the Centre for Economics and Business Research commissioned by Funding Circle has shown that the peer-to-peer platform has arranged loans to over 15,000 UK businesses over the last 6 years. It has been six years since Funding Circle launc… more »

BridgeCrowd updates website

August 13th, 2016
BridgeCrowd
Peer-to-peer bridging lending company The BridgeCrowd have revamped their website and logo.  The updated website has a greatly improved customer experience with the ability for lenders to view and interact with their loans.  For lenders that have not ye… more »