Category: Borrowing

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 »

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 »