Tagged: wellesley

P2P Lender Wellesley Retrenches After Departure of CFO Alasdair Lenman

Wellesley has entered a period of retrenchment as CFO Alasdair Lenman has departed the company after less than a year on the job. The Wellesley Group consists of Wellesley & Co Ltd, Wellesley Finance Plc and Wellesley Group Investors Ltd. The peer to peer lender made several announcement’s last… Read More

On Hold: Wellesley Suspends Seedrs Campaign to Attract City Investors

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

Wellesley Aims to Raise £1.5M on Seedrs for Further Expansion

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

Report: UK P2P Property Lending Delivers Returns from 2.25% to 12.7%

Independent ratings agency 4thWay is out with an interesting report on the peer to peer property lending market in the UK.  This sector of alternative finance has been very popular due to the asset class and the solid returns. Even in light of Brexit turmoil,… Read More

Brief: P2P Lender Wellesley Appoints Peter Stott to Board

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

P2P-Banking Posts Loan Volumes for May 2015: Zopa, Ratesetter, Funding Circle and LendInvest Top List

P2P-Banking.com posted original research of loan originations for May on its site.  Zopa tops the list with 57M € in new loans, Ratesetter comes in second with 50.1 M €, Funding Circle in third with 47.3M € and LendInvest in a close fourth with 44.5 M €. Note the remarkable growth of new P2P… Read More