Categories: News, Lending, Borrowing

RateSetter over the last 6 years

October 4th, 2016
RateSetter
As RateSetter celebrates its 6th birthday this month we take a look at the company over the last years.  RateSetter was by our reakoning the 8th peer-to-peer company to launch in the UK, following Zopa and Funding Circle, and has one of the most recogni… more »

Funding Circle passes £1.5billon mark

September 29th, 2016
Funding Circle
Funding Circle announced that it had broken the £1.5billion lending mark, the second UK peer-to-peer company to reach this after Zopa. Stop press. We’ve hit £1.5 billion lent to British businesses! It was after 5 years, 4 months and 10 days we celeb… more »

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 »