Category: Lending

FCA authorisations

January 12th, 2017
FCA
As we enter 2017 P2P money can report that there are now 13 platforms - that we are aware of - that are now operating with full FCA authorisation.  These are as follows, listed by launch date: Folk2Folk Lending Works Landbay Crowd2Fund LendingCro… more »

Folk2Folk obtain full FCA authorisation

December 7th, 2016
Folk2Folk
Yesterday Folk2Folk became the lastest peer-to-peer lending platform to obtain full FCA authorisation. Here is their full press release: Folk2Folk, one of the UK’s fastest growing peer-to-peer business lenders has today been awarded its full FCA aut… more »

Money&Co offer portfolio service

December 6th, 2016
Money&Co
Money&Co have contacted lenders to offer a new portfolio service.  The portfolio service will manage a lender's loan portfolio for a 1% fee, but if lenders sign-up by the end of the year they will receive a cheque for £1000.  To take advantage of th… more »

LandlordInvest launches

December 5th, 2016
LandlordInvest
A new peer-to-peer lending platform LandlordInvest has launched today after obtaining full permission from the FCA.  LandlordInvest has now applied to become an ISA manager in order to offer Innovative Finance ISAs.  The time taken to obtain the necessa… more »

Zopa not accepting new money transfers

December 2nd, 2016
Zopa
Zopa have announced that they are not accepting new money transfers into the platform.  An email was sent to all lenders this morning stating that due to current volumes of new money combined with an expected seasonal fall in borrower demand there will… more »