Categories: News, Lending, Borrowing

Zopa to launch a bank

November 16th, 2016
Zopa
The world's first peer-to-peer lending platform - Zopa - is planning on launching a bank in 2018.  Zopa has come full circle, having started in 2005 as an alternative to banks, and it is now launching its own bank, in addition to its current peer-to-pee… more »

LendingCrowd receives full FCA authorisation

November 4th, 2016
LendingCrowd
LendingCrowd has become the peer-to-peer business lending platform to receive full FCA authorisation moving on from interim permission. Here is the email sent to lenders today: Hot on the heels of our recent funding partnership with Scottish Investm… 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 »

Rebuildingsociety marketplace changes

October 24th, 2016
ReBuildingSociety
Rebuildingsociety.com are offering borrowers a 5% discount in return for additional security. We've been working hard to bring you good quality borrowing applications for you to consider. Currently businesses that are eligible to borrow through rebui… more »