Tagged: fundingknight

FundingKnight, Part of GLI Finance, Receives Full FCA Authorisation

GLI Finance (AIM: GLIF) has announced that FundingKnight has been granted full Authorisation from the Financial Conduct Authority (FCA). FundingKnight is an online / P2P Lender providing access to capital for UK SMEs. FundingKnight has been operating under interim permissions since 2014, when the FCA… Read More

GLI Finance Hires Two Senior Executives

GLI Finance Limited (LSE:GLIF) has announced the hiring of two senior executives.  Russell Harte has been appointed Chief Operating Officer and Steven Simpson has been selected as the Head of Group IT. Andy Whelan, CEO of GLI, released a statement on the addition of the two… Read More

GLI Finance Shows Solid Growth During Past 12 Months

GLI Finance, a portfolio company that operates multiple internet finance companies, states their platforms are experiencing solid growth as “SME finance opportunity continues to boom”.  GLI is publicly traded on the LSE. According to a company report, the GLI platforms leading the charge include; Finexkap… Read More

Mercator Advisory Group’s Research Reveals: Peer-to-Peer Lending Platforms Revolutionizing Traditional Practices

Mercator Advisory Group’s latest research, An Introduction to Peer-to-Peer Lending: A European Perspective analyzes the new and fast growing payments segment peer-to-peer (P2P) lending and the business models underpinning it. The report focuses on P2P lending providers in the European market, in particular the U.K., profiling the leaders… Read More

FundingKnight Pushes Into Renewables with £450K for Wind Farm

UK based FundingKnight is a peer to peer lender that provides short-term funding to allow property owners or investors to acquire or improve commercial or residential property prior to selling or refinancing it. These loans typically range from £100,000 to £500,000 – a max amount… Read More

FundingKnight Says Demand Pushes them to Raise Loan Limit to £500,000

Southhampton based FundingKnight has increased its loan limit to £500,000 to match demand, according to a company statement.  FundingKnight is a peer to peer lender that targets the business segment of the industry.  The increase is effective immediately. The decision to raise the limit was described… 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

UK P2P Platform FundingKnight Closes £1.5M Round

UK-based peer-to-peer lending platform FundingKnight has closed a £1.5 million investment round at a £7.5 million valuation. The round was led by GLI Finance. FundingKnight curates borrowers on their platform and eliminates businesses they deem as too risky for lending. In doing so, the platform… Read More

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