Tagged: p2pfa

Lending Works: CEO Nick Harding Discusses P2P, the Shield, Pensioners, ISAs & UK Regulations

“Banks are at a huge disadvantage with their high salary bills and antiquated technology systems, peer to peer offers an innovative, simple and better result which costs customers less. That said, I also predict huge opportunities for banks and peer-to-peer lenders to continue to work together… Read More

Chancellor George Osborne Calls UK the “Comeback Country” as He Touts FinTech, Innovation & More

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

Zopa CEO Giles Andrews Clarifies P2P Lending’s Dramatic Growth, P2PFA’s Importance & Alternative Finance’s Relevance

Celebrating the tenth anniversary in finance,  Zopa, world’s first peer to peer lender has made significant achievements since its founding  “in a barn in Buckinghamshire.”   Zopa, led by CEO and Co-Founder Giles Andrews, launched a disruptive financial industry that enables consumers and businesses to bypass banks. Since… Read More

P2PFA Survey Indicates Consumers Want Separate ISA for Peer to Peer Assets

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

P2PFA Makes Announcement: UK P2P Lending Hits £1.2 Billion in 2014

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

Will the FCA Clamp Down on Peer to Peer Lenders?

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

UK Thought Leader Sam Ridler, Executive Director of Peer-to-Peer Finance Association, Delivers Answers, Challenges & Inspires

In late November  The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. As readers may know, this is the largest study to date on crowdfunding, peer-to-peer lending and other forms… Read More

Deadline Hits for Comments on Treasury Consultation on Peer to Peer Inclusion in ISA’s; P2PFA Calls for a New ISA Category

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

Landbay Partners with Omni, Raises £1.5 Million for Growth

Landbay, a peer to peer lending platform that targets “buy to let” mortgages has gone quickly from crowdfunding success on Seedrs to established platform.  Last month Landbay joined the UK Peer to Peer Finance Association (P2PFA) a membership that is viewed as a seal of… Read More

UK Peer to Peer Finance Association Creates New European Associate Membership

The Peer to Peer Finance Association (P2PFA) has created a new type of membership targeting the wider audience of Europe. The “Associate European Member” is available for P2P lending applicants  within the European Economic Area. Accepted members will receive certain benefits, specifically; A bi-monthly e-newsletter… Read More

Landbay, a P2P Property Lending Platform, Joins P2PFA

UK based Landbay has joined the Peer to Peer Finance Association (P2PFA) becoming the latest member to adhere by the standards set by the advocacy group.  Landbay has targeted a segment of the real estate sector by lending against occupied housing.  The peer lender has differentiated… Read More

Former Chief Ombudsman, Tony Boorman, Joins UK P2PFA as a Director

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

This Document Shows the Incredible Growth of Peer to Peer Lending in the UK

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

UK P2PFA Comments on Peer to Peer Lending Inclusion in ISAs

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

Assetz Capital Shares Defaults and Losses for 2013 & 2014

Assetz Capital is participant in the booming growth of peer to peer lending in the United Kingdom.  The P2P lending site has facilitated almost £50 million in loans since the platform launched in 2013.  Recently the company published defaults and losses data in an effort to… Read More

P2P Lender LendInvest Surpasses £100 Million in Loans

LendInvest, a UK based peer to peer lender that targets the mortgage sector, has announced they have surpassed £100 million in loans via their platform.  The P2P lender was launched in May of 2013 and according to the site this paces LendInvest as the fourth… Read More

UK P2PFA: Peer to Peer Lending Goes to Over £1 Billion in 2014

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

UK Peer-to-Peer Finance Association: What They Do (Deck)

The UK Peer to Peer Finance Association (UKP2P) is the self regulatory body behind the booming peer to peer industry in the UK.  Last year the association’s members experienced a growth rate of 121%.   The major industry participants have set about to create some… Read More

The UK Peer to Peer Finance Association Shares Standard for Calculating Default Rates

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

UK Funding For Lending Scheme Fails to Boost Loans for SMEs

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

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