Choice Blog - The Secret Investor's Diary
End-July P2P Lending Platform News Round-up
Last post: Jul 18, 2019
FundingSecure have changed their terms and conditions so that loans only begin to accrue interest after the closing deadline rather than as soon as investors pledge funds… Assetz Capital almost double their target of £1 million when their latest round of equity funding closes.
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July P2P Lending Platform News Round-up
Last post: Jul 7, 2019
Funding Circle announced a reduction in their earnings forecast, part of the reason given was because they are tightening their risk criteria which should reduce defaults for investors… ArchOver introduce a new type of loan which is secured against the future fees from successful resolution of legal disputes.
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End-June P2P Lending Platform News Round-up
Last post: Jun 20, 2019
Lending Works win the Best P2P Platform for Investors accolade at the Moneywise awards for the fourth year in a row… Assetz Capital smash their equity funding target of £1 million on Seedrs… ArchOver pass the £100 million Total Lent mark
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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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