Lending

Dec
24

Sourced Capital hits £10m milestone

Warrington-based peer-to-peer lending company Sourced Capital has raised more than £10m in P2P finance loans during 2020.

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Dec
14

Ready Money offering technology-driven financial solutions for individuals and businesses

Ready Money Capital Limited recently started offering technology-driven financial solutions to their individual and corporate clients.

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Dec
13

LendInvest Update: Raises LTVs to 80% and launches funding for student lets/first-time landlords

LendInvest, a UK marketplace for property financing, has broadening its lending criteria to include first-time landlords and student lets.

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Dec
12

Lending Works and Lendable named in Tech Track 100

Peer-to-peer lending platforms Lending Works and Lendable have been named in the Tech Track top 100 fastest-growing tech companies in the UK.

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Dec
12

London’s Propio, which offers “Simple, Affordable, Tax Efficient Ways” to invest in property, to launch P2P lending platform

Propio, a platform that aims to provide a “simple, affordable, and tax-efficient way” to invest in property, has secured new capital.

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Dec
12

Passion Capital has backed Fronted, the startup that wants to offer loans to cover rent deposits

Fronted, the new London-based startup aiming to make life easier for renters, has picked up seed investment from Passion Capital.

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Nov
11

Glasgow in sights of fintech aiming to disrupt lending market

A fintech start-up founded by a Glaswegian entrepreneur is aiming to disrupt the lending market with a “totally new and fair approach” – and set to roll out low-cost loans for public sector workers in locations including Glasgow. Salad Money, founded by Debt Hacker campaigner Alan Campbell, is looking to “smash the monopoly” of credit reference agencies and tap into open banking and artificial intelligence. The company, which says it is the first open banking powered lender, said it is opening up affordable credit to 85 per cent of applicants who were previously excluded from credit or paying sky-high annual rates. Salad Money said its “revolutionary” new method of credit […]

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Landbay says October was record month

Fast-growing Fintech Landbay says October was a great month for the real estate peer to peer lending platform. Without providing any details, Landbay tweeted out the news. Earlier this year, Landbay reported that a “leading financial institution” had committed to funding £1 billion in buy to let mortgages originated on the site. This may have something to do with its growth. Landbay offers investors the opportunity to invest in loans to buy-to-let landlords. All loans are secured by first‐ranking mortgages over tenanted residential properties across England and Wales. The P2P lender currently promotes up to a 3.45% return for investors. In a historically low interest rate environment, these returns are […]

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