Tagged: wellesley & co.

P2P Lender Wellesley & Co. Appoints New Group Chief Risk Officer

On Wednesday, UK-based peer-to-peer lender, Wellesley & Co., announced it has appointed former chief risk officer and board director of the Ulster Bank Group, Stephen Bell, as group chief risk officer. In addition to his most recent role as CRO for Ulster Bank, Bell has a wealth… Read More

P2P Lender Wellesley & Co. Appoints New Managing Director to Boost Retail Investor Inflow

Wellesley & Co, a peer to peer lending platform, has appointed Nick McAuliffe as Managing Director.  The new hire was said to arrive as the P2P lender expects significant growth in 2016. Wellesley has made almost £300 million loans to date with over 20,000 registered… Read More

Wellesley & Co. Will Offer UK’s First P2P Secured Bond

Graham Wellesley, CEO and founder of Wellesley & Co. a UK based peer to peer lender, has announced a new P2P bond targeting ISA accounts.  Wellesley took to the studios of Bloomberg to chat up his platform’s newest investment opportunity.  He explained that by listing… Read More

Will the FCA Clamp Down on Peer to Peer Lenders?

Recently the Financial Conduct Authority (FC) has been reviewing promotional practices of peer to peer lenders in the UK. This event was shared in a recent report from the FT which posed the question will the FCA clamp down on advertising practices utilized by P2P lenders… Read More

Peer to Peer Lender Wellesley & Co. Passes £100 Million Milestone in Loans Funded

Peer to peer lender Wellesley & Co. has announced passing the £100 million mark in loans funded.  The UK based company launched only in November of 2013.  Wellesley & Co. has claimed the title as “the fastest growing platform in 2014”.  The P2P lender specializes… 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

UK Funding For Lending Scheme Fails to Boost Loans for SMEs

The Bank has today published updated data on the use of the Funding for Lending Scheme (FLS). Today’s publication shows the net quarterly flows of lending to UK households and businesses eligible under the Scheme up to the second quarter of 2013. The aim of… Read More

Survey: Savers Turn their Backs on Banks as they Seek P2P Offerings

According to a recently published survey, “frustrated” savers are looking to peer-to-peer (P2P) platforms for higher rates of interest than those offered by banks – but want reassurance over the risks before they invest, a UK survey has found. The survey of over 2,000 people,… 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

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