Tagged: assetz capital

Assetz Capital Marketplace Reports Trades Totaling £6 Million in Just 2 Weeks

Assetz Capital is reporting that its secondary market has processed around 4,000 trades totaling around £6 million in its first two weeks of operations. The company states that buyers took advantage of discounts and sellers took advantage of that demand to withdraw some capital quicker… Read More

Assetz Capital CEO Claims the UK’s Residential Property Sector will be the Primary Beneficiary from COVID-19’s Impact on Retail Industry

Stuart Law, CEO at Assetz Capital, a peer to peer lender providing secured loans to businesses, argues that residential property in the UK will be the primary beneficiary from COVID-19’s negative impact on the nation’s retail industry. As reported by Peer2Peer Finance, there’s an improvement… Read More

Assetz Capital and Aros Kapital Partner on CBILS

Peer to peer lender Assetz Capital has announced a partnership with Aros Kapital to assist with lending under the Coronavirus Business Interruption Loan Scheme (CBILS). Assetz Capital was approved for accreditation as a CBILS lender in May. Gustav Rocklinger, CEO at Aros Kapital Limited, stated:… Read More

P2P Lender Assetz Capital Unveils Access Account Marketplace

UK-based peer-to-peer lending platform Assetz Capital announced on Wednesday it has launched its new Access Account Marketplace. According to Assetz Capital, the marketplace allows investors to apply a discount when buying and selling Access Account loan holdings. “Access Account investors can now choose whether to… Read More

Assetz Capital Seeks £10 Million BCR Grant, Welcomes Turned Away P2P Investors Following RateSetter Exit from Sector

Assetz Capital, a peer to peer lender providing secured loans to businesses, has applied for a £10 million Banking Competition Remedies (BCR) Pool E grant, according to a note from the company. Assetz Capital states that it has submitted an application for Pool E that… Read More

36H Group and the Future of Fintech: We should leverage the innovation in financial services and use it to enable economic recovery

The 36H Group launched in January of 2020 as the unified voice for lending platforms that accept retail investments. 36H replaced the UK Peer to Peer Finance Association, a group that had long been a prominent advocate for the emerging P2P lending sector – a… Read More

Update: Assetz Capital Set to Close Latest Seedrs Round With Nearly £700,000 Raised

UK-based peer-to-peer lending platform Assetz Capital is set to close its fourth equity crowdfunding campaign on Seedrs with nearly £700,000 raised from close to 600 Seedrs investors. The funding round was launched last month to raise a minimum of £500,000.  As previously reported, Assetz Capital… Read More

UK Stamp Duty Cut by HM Treasury, CEO of Assetz Capital Stuart Law Comments on Move

In a speech today entitled “Plan for Jobs” by the Chancellor of the Exchequer Rishi Sunak, he announced the elimination of the Stamp Duty at a certain threshold in a move to improve the UK housing market. The Chancellor explained: “… to catalyse the housing… Read More

Assetz Capital Tops £500,000 on Seedrs, Looks for Matching Money Under Future Fund

Assetz Capital, a secured peer to peer lender operating in the UK, recently launched a securities offer on Seedrs. Assetz Capital claims to be the second-largest peer to peer business lender in the UK. In about a week, Assetz Capital raised its £500,000 minimum target… Read More

P2P Lender Assetz Capital Now Seeking £500,000 Through Fourth Seedrs Campaign

UK-based peer-to-peer lending platform Assetz Capital announced on Wednesday it is returning to the Seedrs equity crowdfunding platform for the fourth time to raise a minimum of £500,000. As previously reported, Assetz Capital is described as a provider of alternative funding sources to SMEs and Property… Read More

British Business Bank Adds New Lenders to CBILS Including Fintechs

The British Business Bank has announced nine new lenders for accredited under the Coronavirus Business Interruption Loan Scheme (CBILS), bringing the total number of CBILS lenders to over 60, according to a release. The new lenders include: Assetz Capital, Atom bank, Ebury, Fleximize, Investec, Social… Read More

Peer to Peer Lender Assetz Capital Says Investors Back Borrower Relief with 3 Month Extension

Assetz Capital, a peer to peer lending marketplace, held a vote of platform investors on providing forbearance to borrowers during the COVID-19 pandemic. Assetz Capital reports that investors have “overwhelmingly” voted to provide relief and to extend loans for an initial three months, where needed…. Read More

Assetz Capital is First Property Marketplace to Receive Funding from British Business Investments

Assetz Capital has received £15 million in funding from British Business Investments (BBI). According to Assetz Capital, this is the first time a property-focused marketplace has received funding from BBI, a subsidiary of the British Business Bank. Assetz Capital states that the funding will support… Read More

P2P Lender Assetz Capital Tops £1 Billion in Lending

Assetz Capital, a UK based peer to peer lender, has topped £1 billion in online lending. Assetz Capital surpassed £500 million in lending in June of 2o18 so the platform is picking up steam. Launched in 2013, Assetz Capital provides access to credit for SMEs,… Read More

Update: Assetz Capital Closes Seedrs Round With Nearly £1.9 Million in Funding

UK-based peer-to-peer lending platform Assetz Capital completed its equity crowdfunding round on Seedrs with nearly £1.9 million in funding. The campaign was launched earlier and quickly raised its initial £1 million. It also drew in more than 1,000 investors during its run.  Assetz Capital is… Read More

Update: Assetz Capital Surpasses £1.8 Million Through Equity Crowdfunding Efforts on Seedrs

UK-based peer-to-peer lending platform Assetz Capital has successfully surpassed £1.8 million through its equity crowdfunding campaign on Seedrs. The funding round was launched in May and quickly raised its initial £1 million. So far, more than 1,000 investors have contributed to the initiative.  As previously… Read More

Assetz Capital Reportedly Surpasses Bridging & SME Lending Milestones

UK-based peer-to-peer lending platform Assetz Capital has reportedly surpassed both bridging and SME lending milestones. According to Bridging and Commercial, the online lender has provided more than £100 million in bridging finance and £50 million in SME funding.  Speaking about the latest milestone, Damien Druce,… Read More

Overfunding: Assetz Capital Surpasses £1 Million Through Seedrs Funding Round

Just one week after launching its latest equity crowdfunding campaign on Seedrs, UK-based peer-to-peer lending platform Assetz Capital has successfully secured its initial £1 million funding target and is now nearing £1.3 million. The funding round comes less than two years after Assetz Capital raised more… Read More

Assetz Capital Now Seeking £1 Million on Seedrs

UK-based peer-to-peer lending platform Assetz Capital is now seeking £1 million through its new equity crowdfunding campaign on Seedrs. Founded in 2012, Assetz Capital describes itself as a provider of alternative funding sources to SMEs and Property Developers and is one of the fastest-growing peer-to-peer… Read More

Assetz Capital Secures Nearly £10 Million in 90-Day Access Account One Week Into Launch

UK-based peer-to-peer lending platform Assetz Capital reported last week that its 90-day Access Account secured £10 million during the first week of launch.  According to AltFi, Assetz Capital’s Access Account targets returns of 5.75% a year, adds that investors can also take advantage of 1%… Read More

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