Deloitte's third quarter deal tracking report finds a 7% increase in UK deals for P2P lenders in the cumulative 12 months; third quarter of 2016 included 67 deals; deals in the UK increased 21% while deals in the remainder of Europe increased by 29%; the report tracks comprehensive deal activity including fundraising, mergers, acquisitions and partnerships for 50 alternative lenders across Europe. Source
P2P-Banking has launched an IFISA database to help UK investors compare IFISA providers; investors can filter search criteria by interest rate, term, loan type, minimum investment, account transfers and promotions among other criteria; the focus of the service is on P2P lending IFISAs however the database also includes other types of IFISA investment options. Source
Funding Circle lead originations for the month of September followed by Zopa and RateSetter; many other originators across Europe are included in the list. Source
Funding Circle led originations for August with loan issuance of EUR99.3 million ($118.18 million); Zopa followed closely behind Funding Circle with EUR87.4 million ($104.02 million) and RateSetter reported loan issuance of EUR38.2 million (45.44 million); the report does not include US marketplace lending platforms. Source
Huddle Capital provides P2P loans for businesses; Terry Fisher talks about the platform's differentiators and advantages; also discusses its ownership by Access Commercial Finance, its relationship with Rebuildingsociety, its technology and what investors can expect. Source
Funding Circle led originations for the month with 125 million Euros; total originations for the month were 454 million Euro across the platforms tracked; Mintos and Twino both reached significant milestones originating 500 million and 250 million Euros respectively. Source
The P2PFA has added Folk2Folk expanding its membership to nine; Folk2Folk is the only P2P lender in the UK to offer regional branch offices for customers to meet with representatives; the lending platform was authorized by the Financial Conduct Authority in December 2016; it is a secured property small business lender and has lent a total of approximately £134 million ($167.28 million) to small businesses. Source
Member platforms of the UK Peer to Peer Finance Association (P2PFA) are close to crossing more than $12bn in total loan originations; P2PFA small business lending platforms have recently increased lending and helped the origination number to grow significantly. Source.
The UK peer to peer lending trade body, the P2P Finance Association, has released detailed loan book data of its...
The UK Peer to Peer Finance Association (P2PFA) was established in 2011 and founding members included Funding Circle, Zopa and...