Tagged: rebuildingsociety

Binance UK Says No More New Users Following Marketing Denial

Binance UK will stop accepting new users as of today (Monday, October 16, 2023). The announcement follows the denial of approval for a third party to provide marketing services to the UK iteration of the world’s largest crypto exchange. This month, the UK Financial Conduct… Read More

P2P Lender Rebuildingsociety Denied Approval for Crypto Promotion Service, Imperils Partnership with Binance

Posted on the UK Financial Conduct Authority (FCA) registry today, peer-to-peer lender Rebuildingsociety was denied the ability to approve any financial promotion for a “Qualifying Cryptoasset for communication by an unauthorized person” and must withdraw any current promotion by tomorrow. After Rebuildingsociety has withdrawn all… Read More

UK’s Rebuildingsociety to Provide S21 Financial Promotions Approval Service to Digital Asset Firms

The team at Rebuildingsociety is pleased to announce a new service for the approval of financial promotions for crypto-asset firms. Building on their experience as a Network Principal, rebuildingsociety.com is used to reviewing and approving third-party financial promotions. They are also familiar “with the ‘high-risk… Read More

Leeds based P2P Lender, Rebuildingsociety, to Use Virtual Finance Director to Help Borrowers Receive Reports on their Accounts

Leeds-based Rebuildingsociety, a peer to peer (P2P) lending platform that’s focused on financing options for SMBs, has teamed up with Virtual Finance Director (VFD) so that Rebuildingsociety’s borrowers are able to get updated reports on their accounts. The P2P lender’s borrowers will also receive future… Read More

David Bradley-Ward, CEO at UK’s Asset-backed Lender Ablrate, Says He “Sees Light at the End of the Tunnel” Despite COVID-19 related Problems

Peer to peer (P2P) lending platform managers have different predictions or expectations about how Innovative Finance ISA (IFISA) inflows will perform during this tax year in the United Kingdom. David Bradley-Ward, CEO at Ablrate, an asset-backed lending platform, claims that net inflows on the platform… Read More

ECN Convention Debates Technology & Cross-border Future in EU Alternative Finance & Crowdfunding

Two main topics of the 6th Annual Convention of the European Crowdfunding Network (ECN) on October 19th and 20th were technology innovation and cross-border finance. The discussions showed that alternative finance has only scratched the surface of its technological innovation’s potential ‒ the potential to… Read More

Rebuildingsociety.com Offers Other Platforms Option to Leverage their FCA Authorization as Appointed Representative

Rebuildingsociety.com, a peer to peer lender for UK SMEs, received full FCA Authorisation in February of this year after a “long journey”. The platform had applied for full authorisation in November 2014.  Rebuildingsociety is now offering companies the opportunity to collaborate with them as Appointed… Read More

P2P Lending Platform RebuildingSociety Announces Link with ABF

The peer-to-peer lending platform rebuildingsociety has joined the rapidly-expanding Alternative Business Funding (ABF) portal – to support SMEs requiring non-bank finance solutions. “Accounting for over 85% of the UK’s alternative business funding market, ABF continues to receive widespread backing from industry bodies including the British… Read More

RebuildingSociety to Offer Interest Fee Loans up to £50K

RebuildingSociety.com wants UK businesses of their peer-to-peear crowdlending platform and  they are offering a special incentive through next month. During March, businesses that successfully complete a loan application for up to £50,000 through their P2P lending platform, applicants will be eligible to win their loan… 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

Research Reveals Business Owners Use Personal Credit Cards for Financing

Data provided by Peer-to-Business (P2B) crowdfunding platform rebuildingsociety.com indicates that small business owners continue to use their personal credit cards to finance their companies.  The UK based lending platform shared their research showing: Nearly two out of five (37%) SME’s planning to borrow in next 12 months… Read More

Individual Savings Accounts May Soon Include P2P Assets

Individual Savings Accounts (ISA) are a financial product available to residents of the United Kingdom.  These types of vehicles are used to supplement retirement incomes (somewhat similar to US 401k’s).  Apparently in a meeting held this week between Peer-toPeer (P2P) lenders, ISA industry participants and… Read More

Early adopters needed to support commercial crowdfunding

Funding commercial enterprises through crowd-sourced lending is becoming increasingly popular with investors and borrowers alike, though can be intimidating to the uninitiated. B&C Distrbutor spoke to Julian Wells, Marketing Adviser and Head of Introducer Channel at crowdfunderrebuildingsociety.com, who told us what advisers could do to… Read More

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