Tagged: christine farnish

October 20, 2015 @ 8:08 pm By JD Alois  |  

The Peer to Peer Finance Association (P2PFA), the trade group that represents P2P lending platforms in the UK, has published data reflecting member loans for Q3 of 2015.  The P2PFA represents over 90% of loan volume in the UK and is highly representative of industry… Read More

September 22, 2015 @ 12:11 pm By Erin Hobey  |  

  As previously announced, LendIt has partnered with P2PFA for the second annual European conference to be held in London this coming October. The P2PFA, the UK industry body for peer-to-peer lending, works to promote high standards of business practice and an effective regulatory framework. Current membership includes… Read More

July 18, 2015 @ 7:39 am By JD Alois  |  

The Peer to Peer Finance Association (P2PFA) in the United Kingdom has released its quarterly tally of P2P loans for Q2 and according to the association loans came in at £507,336,204. This is for both consumer and SME loans and represents an increase of £48,103,898… Read More

July 8, 2015 @ 11:27 am By JD Alois  |  

  The Chancellor of the Exchequer’s summer budget was said to put economic security first and was a plan for “working people”. But incorporated in the policy statement was also aspects that should benefit disruptive financial firms on both the debt and equity side of… Read More

July 2, 2015 @ 7:47 am By JD Alois  |  

The Peer to Peer Finance Association (P2PFA) in the UK has shared they will be partnering with Lendit on their annual conference to be held in London this coming October. Lendit has captured solid acclaim for its US conferences targeting the marketplace lending / peer… Read More

June 17, 2015 @ 1:54 am By Midori Yoshimura  |  

HM Revenue and Customs (HMRC), the UK tax authority, will allow savers to hold peer-to-peer lending investment trusts in their Individual Savings Accounts (ISA), according to CityWire Money. The change will take effect July 1–in about two weeks. The move is part of the government’s alternative… Read More

May 25, 2015 @ 10:37 pm By Midori Yoshimura  |  

2015 may be the year of the great British cherry, according to the UK’s Department for Environment, Food and Rural Affairs, but the trade body overseeing the UK peer-to-peer lending industry is getting ready to introduce a rule against allowing institutions to “cherry-pick” the most desirable loans at the expense… Read More

April 30, 2015 @ 9:42 am By JD Alois  |  

The Peer to Peer Finance Association (P2PFA) has announced Q1 data on P2P lending in the UK.  Updated numbers indicate that over £459 million was originated in the first quarter bringing the cumulative lending amount to more than £2.6 billion. Data provided also showed an increase… Read More

March 18, 2015 @ 12:44 pm By JD Alois  |  

At the annual presentation of the budget to the House of Commons, Chancellor of the Exchequer George Osborne checked off a wide ranging list of successes as the UK economy has segregated itself from much of the rest of Europe.  The contrast between the years of… Read More

March 3, 2015 @ 4:43 pm By JD Alois  |  

A new survey from the Peer to Peer Finance Association (P2PFA) indicates that consumers “overwhelmingly” believe that peer-to-peer lending should be separated from traditional Cash or Stocks & Shares ISAs.  According to the P2PFA, the group polled over 4500 p2p investors regarding their preferences. This information comes… Read More

January 30, 2015 @ 9:48 am By Erin Hobey  |  

The peer-to-peer lending industry in the UK lent just over £1.2 billion in 2014 according to new figures released today from the Peer-to-Peer Finance Association (P2PFA). The sector has now lent more than £2.1 billion in total, doubling in size since the end of 2013, says the… Read More

January 26, 2015 @ 10:12 am By JD Alois  |  

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

December 13, 2014 @ 4:14 am By JD Alois  |  

The UK Treasury officially announced the inclusion of peer to peer loans in Individual Savings Accounts (ISA’s) back in October 2014. Chancellor of the Exchequer George Osborne included the announcement in the 2014 Budget presentation.  ISA’s were adjusted in July of 2014 slightly increasing the… Read More

November 25, 2014 @ 10:21 am By JD Alois  |  

The Peer-to-Peer Finance Association (P2PFA) announced last week the appointment of Tony Boorman, former Chief Ombudsman at the Financial Ombudsman Service, as a Director of the P2PFA. Tony will work with current P2PFA Chair Christine Farnish, as the Association continues to advocate on behalf of the peer… Read More

November 19, 2014 @ 7:51 am By JD Alois  |  

The UK Peer to Peer Finance Association or P2PFA is a participant in the European expert group reviewing the environment for crowdfunding and peer to peer lending in the EU.  Recently the group met and the P2PFA made a presentation delivered by Sam Ridler, Executive… Read More

October 20, 2014 @ 11:02 am By JD Alois  |  

The Peer 2 Peer Finance Association (P2PFA), an industry advocate group for UK P2P platforms, has jumped into the scrum regarding the forthcoming inclusion of P2P lending assets in Individual Savings Accounts (ISAs).  Chancellor of the  Exchequer George Osborne announced earlier this year that ISAs… Read More

July 27, 2014 @ 3:00 pm By JD Alois  |  

The Peer to Peer Finance Association (P2PFA) in the UK have just published the data for the first 6 months of 2014 showing impressive growth in the P2P lending industry.  The rate of flow of funds through p2p platforms has doubled over the last 6… Read More

June 22, 2014 @ 2:33 pm By JD Alois  |  

The UK Peer-to-Peer Finance Association (P2PFA) has embraced a new measure to improve standards in the peer to peer lending market.  Going forward, all P2PFA members will calculate defaults on their loans using a defined standard calculation thus helping consumers effectively compare between platforms.  This… Read More

April 18, 2014 @ 9:17 pm By JD Alois  |  

A recent report by the UK Peer to Peer Finance Assocation (P2PFA) indicates that cumulative lending  for the first quarter of 2014 achieved a total of £1.207 billion, a number that is in stark contrast to the same period year prior at £491 million.  The… Read More

March 12, 2014 @ 9:37 pm By JD Alois  |  

The Peer-to-Peer Finance Association (P2PFA) has welcomed the Financial Conduct Authority‘s (FCA)  regulatory approach to crowdfunding over the internet, and the promotion of non-readily realisable securities by other media. In April, peer to peer lending will become fully regulated by the FCA. This is welcomed… Read More