P2P exhibits numerous shortcomings

Mon 12 Aug 2019

Johan Groothaert (pictured) is CEO of Fiduciam Whilst the P2P model gained traction rapidly following the financial crisis, it exhibits a number of shortcomings. Firstly, retail clients and investors are often simply driven by yield, not evaluating the risks sufficiently. In some cases ‘mom and pop’ type investors are not sophisticated enough to analyse the […]

Outrage over bridging advert

Thu 18 Jul 2019

Brightstar have terminated a lender from its panel citing ‘horrific sexism’ as the main reason. The BridgeCrowd, a P2P secured bridging lender based in Manchester, have been cut from Brightstar’s panel after they released an sexualised advert (pictured) of a woman’s chest publicising their bridging loans starting at £25,000. Clare Jupp, director of people development […]

LendingCrowd announces new hire

Fri 21 Jun 2019

Scottish fintech lending platform LendingCrowd has appointed Robbie McKenzie (pictured)  to the newly created role of general counsel and chief risk & compliance officer. A dual-qualified lawyer holding practising certificates in both Scotland and England, McKenzie will lead LendingCrowd’s legal, risk and compliance function and act as anti-money laundering officer. Stuart Lunn, founder and chief executive […]

Brokers should consider the P2P option

Wed 25 Oct 2017

Rob Pailin is managing director at Assetz Capital As the alternative finance market has become saturated with different funding options, it can be difficult for brokers to determine the best solution to suit their clients’ needs. Traditional banks tend to use attractive headline rates to entice potential customers, but have generally cut down on lending […]

Assetz Capital trades £300m on secondary market

Wed 11 Oct 2017

Assetz Capital, a peer-to-peer finance platform, has facilitated trading in second-hand loan parts of £300m on its secondary market since its inception. In addition to the £300m worth of loan units traded on the aftermarket, investors opting for the access accounts have traded more than £400m in redemptions. Stuart Law, chief executive of Assetz Capital, […]