Tagged: ratesetter

A Record Breaking Year Puts RateSetter in Pole Position for 2015

RateSetter has moved from 3rd to 1st to be at the forefront of the fintech revolution as it breaks into 2015  RateSetter will be ending 2014 on a high, confirming its position as the UK’s largest peer-to-peer (P2P) lender, turning a profit and having been… Read More

Peer to Peer ISA Revolution (Infographic)

The below infographic depicts some data points correlating with the forthcoming inclusion of peer to peer assets in ISAs.  With the comment period closing on the UK Consultation regarding this change expectations are for final parameters to be announced sometime in early 2015.  Both savers… Read More

RateSetter Calls for a Refresh on “Outdated & Inefficient Safety Measures” for Savers

RateSetter, a leading UK peer to peer lending platform, has made a public call for a “refresh” on the Financial Services Compensation Scheme (FSCS).  In a public statement RateSetter declared, “the time has come for the Financial Services Compensation Scheme to act its age”.  RateSetter… Read More

Brief: Peer-to-Peer Lender RateSetter Hits £400M Milestone

RateSetter is celebrating yet another huge milestone! The UK-based peer to peer lender announced this week that it has officially hit £400M. The platform, which launched in September 2010, enables lenders to get fair returns while cutting the cost of borrowing. Capital is at risk. Lenders and… Read More

Brief: MoneyWeek Awards Recognizes New Funding Platforms

August print publication, and associated web site, MoneyWeek, offered their first ever “MoneyWeek Awards” and alongside the traditional brokers and manager types a few new forms of finance made the list. The publication recognized two peer to peer lenders and a single equity crowdfunding platform… Read More

UK Government Announces New Consultation on Peer to Peer Loan Inclusion in Individual Savings Accounts

The United Kingdom government has announced a new consultation seeking input from peer to peer industry participants or views from any other individuals or business as they look to create the most efficient method of including peer to peer loans within Individual Savings Accounts (ISAs)…. Read More

Shire Leasing has received an £80 million boost by the British Business Bank and the private sector.

Shire Leasing, a company that provides lease finance to small businesses, has received an £80 million boost from an investment by the British Business Bank and the private sector.  This is part of a wider UK government policy to make it easier to setup and… Read More

RateSetter Claims Top Spot in UK Peer to Peer Lending World

P2P Lending Surges in 2014 as RateSetter Processes over £200 Million in Loans Year to Date. UK based peer to peer lender RateSetter is celebrating its fourth birthday and as part of the festivities the platform is claiming a leading position in the P2P lending… Read More

AltFi Awards Recognizes New Financial Innovators

AltFinance News celebrated innovation in finance yesterday with their AltFi Awards 2014. The ceremony was held at the Vinopolis in London and recognized a diverse group financial industry participants including crowdfunding and peer to peer lending sites.  The big winner for the night was RateSetter… Read More

RateSetter CEO: London Can Be the Center of FinTech

RateSetter CEO and founder Rhydian Lewis recently posted his views on the status of London in the emerging world of financial innovation.  RateSetter is one of the fastest growing P2P platforms in the UK and is expanding into Australia. First it must be acknowledged that… Read More

RateSetter Claims “Largest P2P Lender in UK”; Raising £25 Million in July

In a statement UK based peer to peer (P2P) lending platform RateSetter said they have strengthened their position as the largest P2P lender in the UK, handling a “market-leading” £71m in loans over the last three months.  This past July (2014), the company became the… Read More

Alan Hughes Named Non-Executive Chairman of RateSetter

Former CEO of Internet Bank First Direct Sees Huge Potential in P2P Lending UK based RateSetter has announced that Alan Hughes will become the company’s first Non-Executive Chairman.  RateSetter views the appointment as another milestone for RateSetter and is indicative of the growing economic clout… Read More

Ratesetter CEO: British Business Bank to Start Using Ratesetter Platform

Peer to peer (P2P) lender Ratesetter received another round of good news as CEO Rhydian Lewis announced publicly the British Business Bank will start lending through the Ratesetter platform on July 21st.  The government owned entity was created to make financial markets work more effectively… Read More

Peer-to-Peer Lender RateSetter First to Receive Risk Rating

RateSetter risk-rated similar to cash by FE, a provider of investment analysis and research. The growing global peer to peer (P2P) lending industry took another step in the direction of popular acceptance as RateSetter, the UK’s biggest P2P lender by monthly volume, has now become… Read More

RateSetter Vision: Create an open market and ensure everyone is treated the same.

RateSetter, a fast growing peer to peer (P2P) lending platform based in the UK (but with sights set on global expansion),  recently authored a post on “inclusive capitalism”.  RateSetter founder Rhydian Lewis commented on the growth  of P2P finance that has boomed both in the… Read More

RateSetter Moves Down Under in Expansion to Australia

UK based P2P platform RateSetter is taking their platform to Australia claiming the title of  first regulated platform from the outset.  The company has secured investment of $3 million from local and international investors alike to kick-start its Sydney offering. Headed up by Daniel Foggo,… Read More

Peer-to-Peer Lenders in the United Kingdom

The Guardian has put together a very practical list of all the major P2P lenders in the United Kingdom.  The UK has been at the forefront of the P2P crowdfunding industry and the companies participating in this new sector have experienced dramatic growth. The major… Read More

UK “Alt Finance” Industry has Surpassed £1 Billion According to Report

In a report filed earlier this week from the Liberum AltFi Index, the crowdfunding industry including both debt and equity, has surpassed the £1 billion “milestone”.  The alternative finance sector categorized as P2P,  equity crowdfunding and invoice lending was quoted at £,028,340,769 as of December… Read More

UK Based eMoneyUnion CEO Lee Birkett Speaks with Crowdfunding Podcast on Peer to Peer Lending

Based near Manchester, eMoneyUnion is a Peer to Peer Lending Platform that Serves Non Standard Borrowers in the United Kingdom.  CEO Lee Birkett recently sat down for an interview on Crowdfunding Podcast. eMoneyUnion presents pre-approved borrowers to lenders acting as a peer to peer loan… Read More

Crowdfunding In Europe: The Top 10 ‘Peer-to-Peer’ Lenders

Crowdfunders generally fall into different categories: equity, donation, reward, and debt. The last is also known as microfinancing — and commonly referred to in Europe as “peer-to-peer lending.” Here are the top 10 up-and-coming peer-to-peer lenders e making financial waves in Europe: 1. Zopa –… Read More

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