13th April 2018
Leading small business finance provider Liberis has secured £57.5m in combined funding from British Business Investments, Paragon Bank, BCI Finance, and Blenheim Chalcot. This new facility and equity investment will accelerate Liberis’ growth to help support an estimated 100,000 UK jobs by 2020, providing huge social and economic benefit to the UK economy.
6th March 2018
Default forecasts across some of the main consumer peer-to-peer lending platforms have begun ticking up.
28th February 2018
Specialist property peer-to-peer lender, CrowdProperty is launching its Innovative Finance ISA (IFISA). The tax-free product will be open initially to existing registered lenders who will be able to take advantage of this year’s ISA allowance of up to £20k and transfer existing ISA funds into the CrowdProperty ISA without affecting their allowance.
9th February 2018
The Peer-to-Peer Finance Association has appointed Paul Smee as new independent Chair, succeeding Christine Farnish who is stepping down after a five-year term.
5th February 2018
The P2PFA has published data showing that in the period ending in the fourth quarter of 2017, cumulative lending transacted through P2PFA member platforms exceeded £8 billion.