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FCA Gives Folk2Folk Full Authorization
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FCA Gives Folk2Folk Full Authorization

FCA Gives Folk2Folk Full Authorization

Fintech Nexus Staff·
EuropeNews RoundupOnline Lending
·Dec. 7, 2016·1 min read

Folk2Folk is the most recent marketplace lender in the UK to receive full FCA authorization; largest P2P lender to receive the authorization with origination volume of over 125 million British pounds since 2013; allows it to seek HMRC approval for offering clients the option to invest through an innovative finance individual savings account; minimum investment for platform investors is currently 25,000 British pounds; platform provides secured loans to small businesses with property or land as collateral.  Source

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    Fintech Nexus Staff

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