Choice Blog - The Secret Investor's Diary

February P2P Lending Platform News Round-up

Last post: Feb 14, 2019

Against a backdrop of rising insolvencies in the UK, ArchOver claim their credit checking procedures will limit the impact of this trend on their customers… CapitalRise launch their Secondary Market… Funding Circle’s updated website makes data relating to investors’ portfolios harder to find… Ratesetter’s IFISA attracts £175 million in 12 months.


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End-January P2P Lending Platform News Round-up

Last post: Jan 31, 2019

Assetz Capital offer up to 1.25% Cashback… Crowd2Fund seek equity funding to the tune of £2 million from their investors… Funding Circle report that they expect default rates to increase


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January P2P Lending Platform News Round-up

Last post: Jan 17, 2019

Ratesetter pass the £3 billion lent milestone… Crowd2Fund plan a number of initiatives for 2019 including the introduction of a Provision Fund and giving investors more control over the recovery process… At LendingCrowd New Year = New Cashback Offer… During 2018 ThinCats broke their own records as they lent £112 million to SMEs.


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December P2P Lending Platform News Round-up

Last post: Dec 13, 2018

Friends and their referrers can share £150 at ArchOver if the newcomer invests £5,000 or more… FundingSecure prepare to offer a wider product range in the New Year… Zopa becomes a bank!


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End-November P2P Lending Platform News Round-up

Last post: Nov 29, 2018

LendingCrowd introduce weekly newsletters… FundingCircle receive a £150 million cash injection from the Government’s British Business Bank… ThinCats launch their second Diversified Loan Portfolio… Zopa sell defaulted loans to a debt collection agency reducing losses to investors (they believe).


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Mid-November P2P Lending Platform News Round-up

Last post: Nov 15, 2018

FundingSecure’s new owner plans to offer a wider range of products… Ratesetter creates the post of Chief Investments Officer with the aim of also improving its service offerings… Meanwhile, Lending Works takes a direct approach to attracting more investors by increasing interest rates by half a percent.


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