Funding Circle is doing so well it hasn’t touched the £97 million it raised in April.

August 29th, 2015|

Funding Circle is doing so well it hasn’t touched the £97 million it raised in April.

Funding Circle, the UK peer-to-peer small business lender, is on track to do over £35 million ($53.8 million) in revenues this year, Business Insider can reveal.

Funding Circle’s online platform lets savers lend directly to small businesses at more favourable interest […]

Ablrate launches new product that makes peer lending safer and easier

August 20th, 2015|

Partnership with the Just Loans Group Plc, gives Ablrate investors instant diversification and a simplified, more secure process of lending
Ablrate, a pioneering peer-to-peer lending platform offering investors access to asset-backed loans against investments has announced a partnership with The Just Loans Group Plc, to provide commercial property-backed investment options on the Ablrate platform and making […]

Peer to peer lending giant Zopa is growing like crazy and will do £1 billion next year

August 19th, 2015|

Peer-to-peer lending — where savers cut out banks and lend directly to people and businesses at better rates — is growing explosively in the UK and the latest company to underline this is Zopa.

The London-based company just announced that it hit a big lending milestone after 10 years — £1 billion ($1.5 billion).

The peer-to-peer (P2P) […]

Are old-school financial services running scared of peer-to-peer? Or do they just not understand it?

August 11th, 2015|

I was heartened recently to read the chief executive of Bibby Financial Services – what I would call an old-school financial services company – warning of a ‘bubble’ in peer-to-peer lending.

As the co-founder and chief executive of one of Europe’s largest peer-to-peer lenders, I knew this warning meant one of two things; either the old […]

UK faces surge in peer-to-peer lenders

August 11th, 2015|

Rush to secure licenses comes as regulator seeks to tighten controls.
Peer-to-peer lenders are springing up across the UK as more than a hundred start-ups hassle City regulators for permission to compete in a market heavily disrupted by fintech.

Some 178 such firms already have temporary permission from the Financial Conduct Authority (FCA) to begin working in […]

The UK is beating the US in the peer-to-peer alternative lending market — here’s why

August 7th, 2015|

The UK generated nearly $2.3 billion in peer-to-peer (P2P) loans in 2014, making its alternative lending market the largest in the world on a per capita basis. To illustrate, 72% more lending volume is transacted in the UK than in the US per person.

The UK’s success in P2P lending can be largely attributed to a […]

Rebuildingsociety, UK P2P lender, offers one business a GBP 25k GBP loan interest free

July 29th, 2015|

UK p2p lending marketplace Rebuildingsociety currently offers a promotion where one business will receive 25,000 GBP of their loan interest free. Loan applications received until 31 August 2015 will enter into the promotion.

Daniel Rajkumar, CEO of, said: ‘Companies seeking loans now have peer-to-peer platforms as a mainstream alternative to the banks and I’m delighted […]

How Will a Interest Rate Rise Impact the UK P2P Lending Space?

July 26th, 2015|

Britain has been warned: the first rate rise since the financial crisis is coming.

Governor of the Bank of England Mark Carney confirmed last week that the long window of 0.5% borrowing costs is coming to a close. Mr. Carney stated that the base rate cost of borrowing is likely to climb to just over 2%. […]

Including P2Plending in the new innovative finance ISA will provide boost for millions of Brits

July 26th, 2015|

According to Giles Andrews, CEO and co-founder of Zopa (one the UK’s larges P2P lending platforms), something momentous has happened to the UK peer-to-peer lending industry, as the government finally confirmed its plans to introduce a new type of Isa covering peer-to-peer loans. This boost for the sector comes a decade after his company Zopa pioneered the […]

UK P2P lending sector achieves another record quarter in Q2 2015

July 25th, 2015|

The UK’s P2P lending sector has achieved another record quarter in Q2 2015, lending over GBP 500m to consumers & businesses for the first time in its history. In total, the eight largest UK P2P lending platforms originated £507.4m worth of loans over the three months to the end of June, according to the P2PFA, with cumulative lending for the industry now over GBP 3.1bn.
The […]