Choice Blog - The Secret Investor's Diary

Secret Investor: Lending Works Get Full Acreditation

Last post: Oct 24, 2016

Lending Works have received Full Accreditation from the FCA paving the way for them to offer P2P ISAs… The much-heralded pipeline of loans at Invest & Fund begins to bear fruit with 3 coming to auction in the past fortnight… Borrowers at Assetz Capital raise £15 million – record for that platform


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P2P Lending Platform News Round-up (6th October 2016)

Last post: Oct 6, 2016

A new platform launched yesterday – Peer Funding. As well as asset backed and bridging loans, they also plan to offer Invoice Financing. I will be monitoring the progress of this site… They’ll have to go some to catch up with FundingCircle and Ratesetter who both set new records with 10s of £millions lent in the past fortnight


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P2P Lending Platform News Round-up (22nd September)

Last post: Sep 22, 2016

ThinCats’ owners ESF Finance ditch some of their borrower sponsors and take over the role themselves… FundingKnight reboot their Secondary Market, it was down for over 3 weeks… The Secret Investor has his first default to be blamed on Brexit


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P2P Lending Platform News Round-up (8th September 2016)

Last post: Sep 8, 2016

Returns on Personal P2P sites are falling… The Secret Investor has sold up on Ratesetter because of their low interest rates and rising risk forecasts… Nightmare for FundingKnight – their secondary market has been down for almost a fortnight.


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P2P Lending Platform News Round-up (25th August)

Last post: Aug 25, 2016

AssetzCapital get a 5-Star rating from Defaqto… ThinCats are reviewing their “Social Loans” after the first one they listed failed to fully fund… Not too many SME borrowers on any platform at the moment – bridging loans abound along with a couple of iffy personal loans masquerading as business deals


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P2P Lending Platform News Round-up (11th August)

Last post: Aug 12, 2016

ThinCats move to larger offices to cope with their continued expansion… Ratesetter streamline their offerings by removing the facility to lend for 3 years


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