UK’s P2P Lender RateSetter’s Chief Credit Officer, Michael Hoare, Explains how the Platform’s Provision Fund Aims to Buffer Against Credit Losses

UK-based RateSetter, a peer to peer (P2P) lender, notes that its Provision Fund has been designed to assist investors with managing credit risk and to simplify the investment process. As explained by Jonathan Hodge, the chief operating officer at RateSetter, the Provision Fund aims to… Read More
Read more in: Fintech, Global, Investment Platforms and Marketplaces | Tagged credit risk, michael hoare, p2p lender, p2p lending platform, peer-to-peer lending, provision fund, ratesetter, uk, united kingdom