Tagged: orca money

May 24, 2020 @ 3:32 pm By Omar Faridi  |  

Peer to peer (P2P) lender, Lendy, which shut down last year and went into administration, will be requiring previous investors to pass certain anti-money laundering (AML) checks again, before they qualify to get refunds. As confirmed on the firm’s website (which is not offering any… Read More

December 5, 2019 @ 8:09 am By JD Alois  |  

New peer to peer lending rules come into effect on Monday, December 9th. The new rules were the result of a review by the UK Financial Conduct Authority (FCA). The UK largely created the entire sector of peer to peer lending. One of the most… Read More

June 10, 2019 @ 1:03 am By JD Alois  |  

Last week, the UK Financial Conduct Authority (FCA) updated the regulatory regime managing the peer to peer lending industry. Overall, the P2P sector saw more rules that increased oversight including a cap on retail investment. Initial comments regarding the rules have been mixed with some… Read More

February 27, 2019 @ 9:24 am By JD Alois  |  

Orca Money is finally launching its long-anticipated Innovative Finance ISA (IFISA). Orca’s spin on the savings vehicle allows investors to spread their money across multiple peer-to-peer lenders (P2P) thus providing a heightened degree of diversification. Additionally, Orca Money conducts due diligence on behalf of IFISA investors…. Read More

September 24, 2018 @ 3:39 pm By Samantha Hurst  |  

Orca Money, a UK-based P2P investment aggregation platform, has successfully secured its initial £500,000 funding target just days after launching its equity crowdfunding campaign on Seedrs. Founded in 2015, Orca Money stated it serves two functions, which are its investment solution that enables investors to diversify capital… Read More

September 18, 2018 @ 9:22 am By Erin Hobey  |  

Orca Money’s crowdfunding campaign is going as smoothly as expected.  The P2P investment aggregation platform linked with Seedrs and launched to raise £500,007 campaign yesterday and has already secured over £346,745 from more than 91 investors toward its goal. Co-Founded by CEO Iain Niblock and Jordan Stodart in 2015, Orca… Read More

July 4, 2017 @ 7:42 am By JD Alois  |  

The Peer-to-Peer Finance Association (P2PFA) has created a new category of membership to boost its ranks and add perspective to the association that represents the UK’s top online lenders. The P2PFA was established in 2011 as the industry gained traction, acting as the representative and self-regulatory… Read More

January 31, 2017 @ 11:27 am By Samantha Hurst  |  

Orca Money successfully secured £280,000 during its seed funding, which was led by TechStart NI. Participants in the round included Halo NI EIS Fund and private investors. Incorporated in 2015 by founders, Iain Niblock and Jordan Stodart, Orca Money is based in Belfast. The company boasts itself as the… Read More