Fiduciam achieves record month

Fiduciam saw a record month in October with £43.5m of new loans.

Johan Groothaert (pictured), chief executive, said: “The void left by the traditional banks means that demand for our loan product continues to grow across the UK and different European jurisdictions in which we lend.

“Our pipeline is very strong going into the end of the year and further consolidation in the marketplace lending sector will put us in an excellent position entering 2020.”

This news comes as Fiduciam recently announced its largest loan in Germany to date.

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