Choice Blog - The Secret Investor's Diary
October P2P Lending Platform News Round-up
Last post: Oct 4, 2018
Assetz Capital introduce a Cashback scheme which will yield a return of 2% by next June… ArchOver are also offering Cashback – a flat rate of £300 – to mark their 4th birthday… Crowd2Fund publish their loanbook but it is too early to gauge the actual performance of the platform… Funding Circle launch on the London Stock Exchange.
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Mid-September P2P Lending Platform News Round-up
Last post: Sep 20, 2018
Zopa increase rates for investors… LendingCrowd’s Autumn Cashback promotion is the most generous they have ever offered… AssetzCapital & Funding Circle introduce “Refer a Friend” schemes… ThinCats opt to make some loans exclusively available to their new institutional partner
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September's P2P Lending Platform News Round-up
Last post: Sep 6, 2018
Funding Circle have formally announced their intention to list on the London Stock Exchange. The company is expected to be valued at £2 billion and hopes to raise £300 million to fund expansion into new markets… Meanwhile, in the battle of the IFISAs, Zopa has seen an in-flow of £150 million since its tax free product was launch in June 2017 while Ratesetter’s IFISA has attracted £130 million of investor’s capital in eight months.
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August's P2P Lending Platform News Round-up
Last post: Aug 22, 2018
Zopa investors hate Marmite!... LendingCrowd’s loan book continues to grow – increasing by 78% since December… In cash terms, Funding Circle is “the daddy” with £800 million lent over the same period
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July's P2P Lending Platform News Round-up
Last post: Jul 26, 2018
: FundingCircle scale back their U.S. operations… Assetz Capital increase their presence in Scotland… ReBuildingSociety borrower returns having increased turnover by £1/2 million.
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June's Final P2P Lending Platform News Round-up
Last post: Jun 27, 2018
Assetz Capital report a strong increase in investor demand following the announcement of the rate raise for some of their Managed Accounts… Across all platforms the proportion of P2P loans to borrowers in Northern Ireland appears to be increasing possibly due to the Brexit-related uncertainties of that region deterring mainstream lenders.
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