Date | Title | Description |
18.01.2023 | South Korean P2P Lender PeopleFund Raises US$20 Million Led by Bain Capital | South Korean peer-to-peer (P2P) lending platform PeopleFund announced that it has raised an additional US$20 million led by existing investor Bain Capital. |
17.08.2022 | P2P lender Assetz Capital agrees £200m funding partnership with Aeon | UK peer-to-peer (P2P) lending and investing platform Assetz Capital has agreed a £200 million funding partnership with Aeon Investments.
Assetz secures £200m funding partnership, deploys RiskNarrative platform
Over the next three years, Aeo... |
21.09.2021 | Ezyhaul and DHL invest US$ 20M in UK based logistics tech startup Digihaul | SINGAPORE, Sept. 21, 2021 /PRNewswire/ -- Leading South Asia Digital Freight Platform, Ezyhaul, today announced that together with Deutsche Post DHL, it has invested US$ 20 million in UK based tech start-up Digihaul.
DigiHaul connects shipp... |
02.02.2021 | RateSetter Sells Loan Portfolio to Metro Bank | RateSetter, a leading UK based peer to peer lender, announced on Tuesday that Metro Bank is purchasing its loan portfolio in line. RateSetter reported that Metro Bank has been funding all-new consumer lending following the RateSetter acquis... |
10.08.2020 | RateSetter’s Australian P2P Lending Platform Rebrands to Plenti Following Acquisition By Metro Bank | RateSetter, a leading UK based peer to peer lender, has rebranded its Australian P2P lending platform to Plenti. Head of Marketing at Plenti, Sebastian Paulin, shared more details about the rebranding, by stating:
“As Plenti, we want to hel... |
12.05.2020 | P2P Lender Validus Raises US$20 Million in Series B+ Round Led by Vertex Growth | Validus, a SME financing platform that is also present in Indonesia (Batumbu) and Vietnam (Validus Vietnam), has successfully raised over US$14 million, with US$20 million in committed capital in its ongoing Series B+ funding round co-led b... |
26.04.2020 | UK-based RateSetter, a Peer to Peer Lender, Says it’s Still Lending, but at a “Much-Reduced Level” Following COVID-19 Outbreak | Michael Hoare, chief credit officer at UK-based RateSetter, a leading peer to peer (P2P) lender, recently explained what impact the Coronavirus (COVID-19) pandemic could have on the lending market and what it might mean for credit risk.
Hoa... |
11.03.2020 | Fintech Industry Responds to UK Budget 2020 | Earlier today, the Chancellor of the Exchequer Rishi Sunak delivered a speech outlining the UK Budget for 2020. A portion of the speech outlined the Government’s policy moves to mitigate the impact of the Coronavirus – an unexpected exogeno... |
05.12.2019 | UK: New Peer to Peer Lending Rules Kick in on December 9th: “A Watershed Moment for P2P” | 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 mos... |
20.02.2019 | RateSetter Reported ISA Exceeded Expectation in First Year By Attracting £175 Million of Subscriptions | UK-based peer-to-peer lender RateSetter recently announced its ISA has exceeded expectations in its first year, having attracted £175 million of subscriptions, and currently accounts for one-fifth of the platform’s £830 million funds under ... |
15.01.2019 | RateSetter Milestone: Online Lender Surpasses £3 Billion in Lending | UK based peer-to-peer lender RateSetter announced on Tuesday it has surpassed £3 billion in online lending. RateSetter reported that the milestone follows a successful year, with the lender originating more than £700 million of new lending ... |
08.05.2018 | Australian Fintech Update: Lender RateSetter Syncs with Aggregators Finsure & LoanKit | P2P lender RateSetter has partnered with aggregators Finsure and LoanKit. Under the partnership, more than 1,400 brokers accredited with Finsure and LoanKit will be able to offer their clients RateSetter’s personal loan and green loan produ... |
24.11.2017 | RateSetter Appoints Richard Steele Regional Manager of Midlands | UK-based peer-to-peer lending platform RateSetter announced on Friday it has appointed Richard Steele as its regional manager for the Midlands. According to the online lender, Steele has more than 15 years of business lending experience and... |
31.05.2017 | RateSetter Raises £13M in Equity Funding | RateSetter, a London, UK-based peer-to-peer lending platform, raised £13m in equity funding.
Backers included existing shareholders Woodford Investment Management and Artemis.
The round valued the business at over £200m.
The company, which ... |
30.05.2017 | UK P2P Lender RateSetter Secures £13M in Equity Funding [u] | UK P2P lender RateSetter announced that the platform has raised £13 million in equity funding from its existing shareholders, including city fund managers Woodford Investment Management and Artemis, according to Business Insider. The fundin... |
22.05.2017 | UK P2P Lender RateSetter Announces Joanna Wright as New CRO | Peer-to-peer lending platform RateSetter has appointed Joanna Wright as Chief Risk Officer. Wright joins RateSetter from GE Capital where she was Chief Risk Officer for GE Capital Bank in the UK, leading a team of over 200 risk professional... |
15.05.2017 | UK P2P Lender RateSetter Nabs Paul Manduca for Non-Executive Chairman | P2P lending platform RateSetter announces that Paul Manduca has been appointed as Non-Executive Chairman. Manduca will join the Board on 1 June and will become Chair on 17 July, when current Chairman Alan Hughes’ three-year term expires.
“L... |
02.03.2017 | 50 London-Based Startups You Need to Watch in 2017 | Across the pond, London's tech scene, also known as the Silicon Roundabout, is bursting at the seams with startup activity. Among the buzzing streets of London lives Tech City UK, an accelerator aimed at fueling digital entrepreneurs to ima... |
24.02.2017 | RateSetter Forms Partnership With Accountancy Advisor TaxAssist to Engage With SMEs | Online lender RateSetter has formed a partnership with accountancy advisor TaxAssist Accountants to help engage with small and medium-sized enterprises (SMEs). TaxAssist Accountant notably specializes in all businesses with a turnover of £2... |
22.02.2017 | Announcing 26 New Companies Joining Future Fifty in 2017 | This article was originally posted on the Tech City UK website.
Today we’re delighted to announce the companies joining the Future Fifty programme in 2017. We’re also celebrating 26 companies graduating from the programme and the remarkabl... |
24.10.2016 | A Week at Tech City UK | This article was originally posted on the Tech City UK website.
A key part of Tech City UK’s mission – to make the UK the best place to start and grow a digital business – is to ensure that the voice of tech entrepreneurs is heard in centr... |
18.10.2016 | Marketplace Lending: The Challenge of Keeping It Simple And Transparent | LendIt Europe gathered over 900 attendees from 50 countries on the banks of the Thames river to network and hear about the latest trends in online direct lending. The tone of the conference was clearly set by the UK keynote speakers. The UK... |
05.05.2016 | RateSetter Adds Chief Risk Officer to Management Team | RateSetter has appointed Cyrille Sallé de Chou as its new Chief Risk Officer. Chou will be migrating over from Lloyds Banking Group where has been the Credit Risk Director of Mortgages. In that role, he was said to have overseen one of the ... |
22.03.2016 | Tech Tour Selects European 50 High Growth Companies | Tech Tour, a platform that allows high-tech companies to develop strategic relations with investors, announced the 2016 Tech Tour Growth 50 (TTG50), which highlights the next generation of Europe’s fastest growth tech businesses.
The compan... |
22.01.2016 | RateSetter Tops £1 Billion. Claims Record Pace for UK Marketplace Lending | RateSetter, a UK-based marketplace lending platform, has surpassed £1 billion in loans and is staking a claim in setting a record. According to the company, RateSetter accomplished this milestone in 1,933 days. “The company believes it is n... |
04.09.2015 | SIPP P2P Lending Surges Despite Financial Advisors’ Risk Anxiety; Anticipate Updates from ISA and FCA | Self Invested Personal Pensions (SIPP) assist marketplace lenders such as Ablrate and Ratesetter (the first consumer P2P platform to be available through a SIPP), in sourcing loans. Research from Yorkshire Building Society “highlighted a la... |
04.08.2015 | UK Trade Mission Brings Bitcoin and FinTech to Southeast Asia | Last week, wallet provider Blockchain represented the bitcoin industry in an official government trade mission.
CEO Peter Smith was one of 31 executives to take part in a trade delegation, led by Prime Minister David Cameron, to promote the... |
25.06.2015 | Digital Single Market: Tech City UK Convenes Leading Policymakers and Digital Businesses | This article was originally posted on the Tech City UK website.
This week we convened a meeting of leading policymakers who are working on the EU Digital Single Market strategy, as well as founders from the digital businesses that the prop... |
18.04.2015 | P2P Lender Lufax Valued at $10 Billion as Ping An’s Stake Declines | Peer to peer lender Lufax raised equity late last month. Crowdfund Insider reported the China based direct lender raised approximately $483 million or 3 billion yuan. Now a report in WSJ.com places a valuation of the P2P lender at nearly $1... |
09.04.2015 | Ratesetter to Provide P2P Solutions to Creative Industry Finance | P2P lender Ratesetter has targeted the art sector by partnering with the Creative Industry Finance to fund artistic and cultural enterprises. Explaining that the UK creative sector is worth £71 billion per year to the economy, Ratesetter wi... |
03.04.2015 | Funding roundup - week ending 4/3/15 | DroneDeploy, Fitbit, HyTrust, Noom, SalesLoft, Thrasos, Monkimun, ReadyPulse, GoFormz, Scutify, FLYR
Seed stage
Monkimun, an educational technology company, raised $1 million in seed funding from investors including 500 Startups, Incuvest, ... |
10.02.2015 | Guest Post: FinTech is King in UK Capital | This article was originally posted on the Tech City UK website.
This post originally appeared on the Gordon & Eden blog.
By: Sam Gordon & Sophie Eden
The secret’s finally out: Financial technology (FinTech) in the capital is a gr... |
29.01.2015 | RateSetter, Leading UK P2P Lender, Grows into Australian Market | RateSetter
RateSetter, one of the UK’s largest peer-to-peer lending platform, recently began officially courting a new country’s market: Australia. In is first international expansion, the company launched into Australia in October 2014, an... |
24.12.2014 | 2014: A Year in Review – Gerard Grech | This article was originally posted on the Tech City UK website.
It’s been quite a ride since taking the reins at Tech City UK in February 2014. After years of working abroad, returning to work in London’s digital hub has been an absolute p... |
11.12.2014 | Tech City UK Announces New Companies Joining Future Fifty Programme | This article was originally posted on the Tech City UK website.
LONDON, 11 December. Tech City UK has today announced that 12 growth stage digital companies will be joining its Future Fifty programme.
Half of the new companies joining the... |
11.12.2014 | Tech City UK Welcomes 12 New Exciting Companies to the Future Fifty | This article was originally posted on the Tech City UK website.
Drum Roll Please…Introducing the Latest Members to our Flagship Programme
Today we announce that 12 growth stage digital companies will be joining our Future Fifty programme.... |
28.07.2014 | Alan Hughes Named Non-Executive Chairman of RateSetter | Former CEO of Internet Bank First Direct Sees Huge Potential in P2P Lending
UK based RateSetter has announced that Alan Hughes will become the company’s first Non-Executive Chairman. RateSetter views the appointment as another milestone for... |
15.06.2014 | RateSetter Vision: Create an open market and ensure everyone is treated the same. | RateSetter, a fast growing peer to peer (P2P) lending platform based in the UK (but with sights set on global expansion), recently authored a post on “inclusive capitalism”. RateSetter founder Rhydian Lewis commented on the growth of P2P fi... |
12.01.2011 | RateSetter, the UK P2P lending site, raises further £600k | RateSetter, the UK peer-to-peer lending site that competes with Zopa and, less directly, Funding Circle, has raised a further £600,000 in a new round of funding from existing and new undisclosed investors. This brings the total raised by th... |
08.12.2010 | P2P lending site RateSetter sees £1m lent in two months since launch | RateSetter, the UK peer-to-peer lending site that competes with Zopa and, less directly, Funding Circle, has announced that it has seen £1 million lent through its platform since the site launched just two months ago. That’s a fairly big nu... |
20.09.2009 | UK based Punjabi society raises £4,500 for British charity | A UK-based Punjabi Society has raised £4,500 ($7325) at an auction during a charity dinner for a voluntary organisation tackling street crime.
Paul Riat, President of the Buck's Punjabi Society and Global President of Punjabi Circle Interna... |
- | Marketplace lending: what we can learn from the UK | The trends for the future of marketplace lending are outlined in London, where it was born 10 years ago
It is worth about 85% of the European market, it keeps growing (+ 99% in 2015, when it moved 1,490 billion pounds) and, on the occasion... |
- | RateSetter is exploring a potential merger or sale | This story was delivered to Business Insider Intelligence Fintech Briefing subscribers earlier this morning.
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