Choice Blog - The Secret Investor's Diary

June P2P Lending Platform News Round-up

Last post: Jun 6, 2019

Lendy falling into administration grabbed most of the P2P headlines in the past fortnight… AssetzCapital report record inflows into their IFISA during April… Investors express concerns about liquidity at Funding Circle where they are waiting 60 days for loan parts to be sold…


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End-May P2P Lending Platform News Round-up

Last post: May 23, 2019

Lending Crowd reduce the exposure to individual loans from 5% to a maximum of 2% for customers using their AutoBid tools… One of ArchOver’s borrowers re-assures investors that they have no reliance on British Steel… ArchOver promise to cover the loss on a £1.75 million Wind Turbine loan


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May P2P Lending Platform News Round-up

Last post: May 9, 2019

Assetz Capital are preparing for their third round of equity funding via the Seedrs site to fund future growth… Back in the present, Assetz Capital are offering 2% Cashback on all ISA’s from previous years that are transferred to their platform before 31st May… LendingCrowd are also offering up to £350 of Cashback in their Spring promotion


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End-April P2P Lending Platform News Round-up

Last post: Apr 29, 2019

Funding Circle reduce their projected rates of return (again)… Money & Co plan to remove the facility to invest in individual loans and offer a portfolio instead… Ratesetter receive the Queen’s Award for Enterprise.


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April P2P Lending Platform News Round-up

Last post: Apr 11, 2019

A flurry of emails have been sent to Peer to Peer investors in the past 2 weeks encouraging them to invest their IFISA allowance… Ratesetter report that subscriptions to their tax-free savings product have exceeded £200 million in just over 12 months… FundingSecure will introduce a minimum bid on its larger loans to increase investors’ cautiousness… CapitalRise raise £2.2 million of equity funding via the Seedrs platform.


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End-March P2P Lending Platform News Round-up

Last post: Mar 28, 2019

Assetz Capital extend the 1% Cashback offer on their 90 Day Access Account until 5th April… FundingSecure announce their intention to list fewer, less risky loans… LendingCrowd hire a new member of staff to improve the monitoring of borrowers in arrears… Ratesetter offer new investors bonuses of up to £150.


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