Category: Borrowing

What effect will "Brexit" have on peer-to-peer lending?

June 9th, 2016
The upcoming referendum on the UK's continued membership of the European Union is certainly a contentious issue with viewpoints becoming polarised.  A recent poll on the P2P Independent Forum showed a bias towards members favouring an exit rather than r… more »

Folk2Folk pass £100million mark

June 7th, 2016
Folk2Folk
Leading P2P provider Folk2Folk have joined the select club of peer-to-peer companies that have lent more that £100million.  Based in Cornwall the company has a growing high street presence as well as the internet.  To date Folk2Folk has not experienced… more »

Folk2Folk expanding nationwide

January 25th, 2016
Folk2Folk
South West based traditional business lender Folk2Folk are looking to expand nationwide by creating a national legal panel.  This is to support Folk2Folk's local and traditional lending model. Here is the full press release: Today, Folk2Folk, a lead… more »

TrustBuddy files for bankruptcy

October 19th, 2015
TrustBuddy
We recently reported that TrustBuddy, one of the leading European peer-to-peer companies, announced that it has closed following "suspected misconduct within the company".  TrustBuddy has today announced that they have filed for bankruptcy. While few U… more »

TrustBuddy closed

October 13th, 2015
TrustBuddy
One of the leading European peer-to-peer companies, TrustBuddy, has announced that it has closed following "suspected misconduct within the company".  Some staff have been suspended and all current and former employees have had their lending accounts fr… more »