Just a few weeks after launching its equity crowdfunding campaign on Seedrs, peer-to-peer lending platform Wellesley has reportedly decided to suspend the initiative as it seeks to attract city investors. As previously reported, Wellesley sought to raise £1.5 million though the funding portal to continue operations…. Read More
Peer to peer lending platform Wellesley has been crowdfunding on Seedrs for almost a month to raise £1.5M (approximately $1.82M). The campaign is currently restricted to Wellesley customers so it is hard to track. Investors have the chance to buy shares in the P2P platform… Read More
On Tuesday, peer-to-peer lender, Wellesley & Co., announced that Peter Stott has joined the board of Wellesley Group as a non-executive director. The appointment is another major milestone for Wellesley and follows the recent senior appointments of group chief risk officer Stephen Bell and managing… Read More
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
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
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
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
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
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