Will regulations dampen the success of P2P lending?
Worth some £10bn globally, it seems that P2P lending really is taking over the world and small businesses can benefit from it most. But what effect will new regulations have on the sector?
Tag: P2P Lending
£200m UK SME funding programme launched by ThinCats
Lending platform ThinCats and parent company ESF Capital have introduced a £200m SME funding programme for British growth businesses.
New Funding Circle CFO to bolster record SME lending figures
A new Funding Circle CFO has been hired, which will see the SME lending platform’s business building its position following a record start to 2017.
LendInvest: Future Unicorn reveals the plan to become a $1bn company with P2P
Winner of the Future Unicorn Award at our Everline Future 50 2016, peer-to-peer lending platform LendInvest has been given a mammoth challenge, but CEO Christian Faes has told Real Business he’s confident the firm can become a $1bn company – by trotting, not galloping.
P2P finance exploded in 2015 as loans from Lending Works grew fourfold
Peer-to-peer finance business Lending Works demonstrated significant growth milestones in 2015, showcasing how powerful the P2P platform has become as the number of loans via the platform rose fourfold.
Luxury P2P lending: How does it work
P2P lending is an effective form of alternative funding for SMEs, but how does luxury P2P lending work
Funding Circle’s CEO on raising $65m and $150m from VCs in just nine months
London firm Funding Circle entered the record books on 23 April by securing a place as one of the top five VC investment deals in British history. Real Business has caught up with CEO Samir Desai, who opened up on how the company managed to raise rounds of $65m and $150m in under a year.
The FD who left EY in favour of the startup world and P2P lending
Matt Powell is the financial director at Lending Works, but prior to joining the P2P lending startup, he was working at global audit firm EY (formerly Ernst & Young) and on the road to becoming a partner, so some would call him “crazy” for leaving.