Topic filter : Peer-to-peer Lending

Most trending topics in Business & Finance ( last 24 hours ):
Facebook Google Commission Profit First Quarter Third Quarter Royal Bank Of Scotland UK Economy Economy Service Sector Crowded Market High Street Home Delivery Delivery Service Banking NatWest Barclays Growth Rate US Economy Amazon Nasdaq House Price Nationwide Investment Energy Supplier Energy Bill Electricity Forecast Fraud Scandal Damages Dollar Financial Crisis Capita Luxury FTSE 100 Legal Battle Mobile Phone Investor Apple Inflation

Latest Finance News related to Peer-to-peer Lending

A new Isa is offering tax-free returns of 12% – so what’s the catch? image
Source : Guardian [Read Article] Saturday 18th of February 2017 07:00:33 AM
.... But are rates like this simply too good to be true? Things have been pretty grim for Britain’s savers for a long time now, with many people desperate to find ways to give their finances a boost. However, some experts are predicting that this is the year that a new tax-free account for peer-to-peer lending and crowdfunding will shake up the savings market and bring some much-needed better news on returns. ...
City regulator to crack down on crowdfunding image
Source : Guardian [Read Article] Friday 9th of December 2016 08:53:42 AM
....It took over regulation of crowdfunding in April 2014 and its proposed changes stem from a review of rules that it announced in July. The government has encouraged the growth of the sector, particularly peer-to-peer lending, as an additional source of capital for new businesses. ...
Tougher crowdfunding rules proposed by FCA image
Source : BBC [Read Article] Friday 9th of December 2016 08:28:05 AM
....Tougher rules are needed to protect investors in crowdfunding platforms, the Financial Conduct Authority (FCA) has said. It said it was too difficult to assess the risks and returns of investments, and suggested applying "mortgage-lending standards" to loan-based platforms or peer-to-peer lending. ...
China's property frenzy and surging debt raises red flag for economy image
Source : Guardian [Read Article] Sunday 27th of November 2016 06:52:01 AM
....“Banks have been pushing people to buy houses because they need to make loans,” he said, as corporate borrowing has dried up. Combined with a rise in peer-to-peer lending, with over 550 billion yuan borrowed in the third quarter of 2016, the risks of speculative investment have risen, S&P Global Ratings said. ...
Anger in China over peer-to-peer lending losses image
Source : BBC [Read Article] Tuesday 27th of September 2016 12:39:02 AM
. Anger has been boiling over in China over the controversial practice known as peer-to-peer lending. ...
Britons clueless when it comes to money and believe Joey Essex knows financial terms image
Source : Daily Express [Read Article] Tuesday 13th of September 2016 11:05:00 AM
.... . The research by peer-to-peer lending platform Crowdstacker has revealed the extent to which Brits are baffled by financial terms. ...
Big Four banks benefit from regulator's featherlight approach image
Source : Guardian [Read Article] Tuesday 17th of May 2016 05:37:49 PM
.... That hasn’t happened this time, and now probably never will. One of these decades, the FinTech revolution, already seen in the rise of peer-to-peer lending, may succeed in injecting some real competition by changing the definition of what it means to be a bank. ...
From fine wine to lotteries: Blockchain tech takes off image
Source : BBC [Read Article] Monday 28th of March 2016 11:35:38 PM
.... . The tech has spawned a new generation of start-ups looking to find new, related applications, from peer-to-peer lending to smart contracts. ...
Apps are getting millennials interested in money – but can they be trusted? image
....Indeed, bankers from the biggest institutions – including some who were involved in causing the events of 2008 – are among those funding and organizing fintech innovation. Vikram Pandit, CEO of Citigroup during the crisis, is backing a peer-to-peer lending group called Orchard; John Mack, erstwhile CEO of Morgan Stanley, is supporting a rival model, Lending Club. ...
Savers get boost from April tax changes image
Source : BBC [Read Article] Friday 11th of March 2016 09:05:04 PM
....Investors who rely on income from share dividends also face a new tax regime; some will gain, while others will lose heftily. All bank and building society accounts; unit trusts; open ended investment companies; investment trusts; credit unions; government and corporate bonds; peer-to-peer lending. ...
Andy Murray backs five UK start-ups image
Source : BBC [Read Article] Monday 29th of February 2016 12:18:16 PM
....Oppo makes low-calorie ice cream, while Commuter Club aims to help commuters save time and money by offering season tickets as a subscription service. Landbay provides secured peer-to-peer lending on UK buy-to-let mortgages, We Are Colony is a global film-streaming platform, and Readbug offers a curated selection of independent magazines in one app. ...
Official delays could put tax-free peer-to-peer Isas on hold image
Source : Telegraph [Read Article] Thursday 18th of February 2016 08:01:02 AM
.... This is when new Innovative Finance Isas are due to launch. The new Isa, first announced last July, will allow returns from peer-to-peer lending to build tax-free. ...
How the sharing economy is transforming the freelance landscape image
Source : Guardian [Read Article] Wednesday 17th of February 2016 08:10:17 AM
....Acquiring finance through bank loans and credit cards is no longer the only option. Now, crowdfunding and peer-to-peer lending services allow ordinary people to provide financial backing to an enterprise, assessing individual requests based on their aversion to risk and the future potential of the enterprise. ...
Growth in indie finance slumps in 2015 image
Source : Telegraph [Read Article] Wednesday 17th of February 2016 05:00:54 AM
.... . "The peer-to-peer lending market is the major driver of the alternative finance industry," said Nesta's principal researcher Peter Baeck. ...
New card allows users to use Amex anywhere - without paying surcharge image
Source : Telegraph [Read Article] Wednesday 17th of February 2016 05:00:36 AM
...." Anna Mostyn-Williams, Curve co-founder . The consumer finance market has become increasingly crowded with the rise of technology-fuelled answers to these problems, from challenger banks to peer-to-peer lending platforms to budgeting apps. ...
Money Talks: BT to divert nuisance calls for free, plus supermarket deals quiz image
....British Gas and EDF cut gas prices by £31 a year. Former regulator warns of potential peer-to-peer lending crisis. ...
Lord Turner: peer-to-peer crash will make 'bankers look like lending geniuses' image
Source : Telegraph [Read Article] Wednesday 10th of February 2016 02:20:24 PM
.... . "The losses on peer-to-peer lending which will emerge within the next five to ten years will make the worst bankers look like absolute lending geniuses," he said on the BBC's Today programme. ...
Former City regulator warns of potential peer-to-peer lending crisis image
Source : Guardian [Read Article] Wednesday 10th of February 2016 01:32:08 PM
....4bn as the number of lenders increased by more than a fifth, to 128,000, and borrowers almost doubled to 273,000, according to its trade body the P2P Finance Association. Turner said: “I strongly suggest that the losses on peer-to-peer lending which will emerge in the next five to 10 years will make the worst bankers look like absolute lending geniuses, because I think a group of people are going into a lending process with a tech platform without anybody really doing ‘go out and kick the tyres’ credit analysis. ...
Warning of 'indefinite low rates' image
Source : BBC [Read Article] Wednesday 10th of February 2016 06:09:39 AM
....5% since March 2009. Lord Turner also warned about the dangers of peer-to-peer lending, which matches individual borrowers with lenders using online services. ...
First ever peer-to-peer Isa offers up to 6pc returns image
Source : Telegraph [Read Article] Sunday 7th of February 2016 07:57:57 AM
.... •'Is it worth keeping a £30k cash Isa when I can get higher returns for a non-Isa bond?' . • How safe is peer-to-peer lending? . ...
It’s a Chinese Ponzi scheme that should really scare us image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 06:14:42 PM
.... . Last year, Ezubao, a peer-to-peer lending platform which claimed to match investors with companies looking for finance, sponsored the online broadcasts of the National People’s Congress by a subsidiary of state-owned news agency Xinhua. ...
Yes we should teach our kids about money, but how exactly escapes me image
Source : Guardian [Read Article] Tuesday 12th of January 2016 06:00:45 AM
....Assuming, though, that this is a concept you can impart, you have to decide what you think the value of money actually is. Bruce Davis, a financial entrepreneur who part-invented peer-to-peer lending and now runs the crowdfunder Abundance, has five children ranging right across the spectrum of financial irresponsibility, from eight years old to 23. ...
'Where should I put my £5,000 windfall for the highest returns?' image
Source : Telegraph [Read Article] Tuesday 8th of December 2015 08:30:26 AM
.... Of course, this option is not for everyone and there is a risk involved. RateSetter are not covered by the FSCS and peer-to-peer lending is fairly new. ...
Banking facing 'Uber moment', says former Barclays boss image
Source : Guardian [Read Article] Wednesday 25th of November 2015 12:12:17 PM
....Analysts at Morgan Stanley predicted that banks would launch pilots and form new partnerships with fintech companies. They predicted the first moves would be on peer-to-peer lending and robo-advisers, a means of automating financial advice. ...
Peer-to-peer: what would happen to returns in a financial crisis? image
Source : Telegraph [Read Article] Saturday 17th of October 2015 07:00:07 AM
.... There is a shortage of borrowers. Mr Faulkner said: “As the peer-to-peer lending platforms grow they also, to an extent, have to accept worse borrowers. ...
Source : Reuters [Read Article] Wednesday 7th of October 2015 06:20:14 AM
....The FCA said it wanted to find out more about how access to funding for mortgage lending was affecting new entrants. "We have a particular interest in the scope for newer types of funding models, such as peer-to-peer lending or crowdfunding, to overcome the constraints potentially imposed by other, more traditional, funding models," the watchdog said. ...
Ex-Google chief claims new venture will hit £1bn 'unicorn' status image
Source : Telegraph [Read Article] Sunday 20th of September 2015 09:23:50 PM
.... SalaryFinance has raised £3m from Mr Cobley’s venture capital fund Brightbridge to cover the development of the platform and operating costs. The loans will be provided by the UK’s two largest peer-to-peer lending firms, Zopa and Ratesetter. ...
US private equity firm KKR takes 24.9% stake in Marshall Wace image
Source : Guardian [Read Article] Wednesday 9th of September 2015 01:00:15 PM
.... He chairs the international children’s charity Ark and has described the accident as “the motivating force” in his life. Marshall Wace, which has built up more than $22bn (£14bn) of assets under management since it was founded in 1997, is a big player in the London markets and last year launched a £200m peer-to-peer lending investment trust, P2P. ...
'Safer than peer-to-peer and steadier than bonds': Should you invest in corporate loans for a 5pc return?  image
.... . It has characteristics in common with peer-to-peer lending and corporate bonds but, its designers say, is crucially different from both. ...
Zopa boss steps aside to 'focus on strategic growth' image
Source : Telegraph [Read Article] Saturday 29th of August 2015 06:30:52 PM
. The head of peer-to-peer lending business Zopa is to step aside, with immediate effect, to be replaced by his number two. ...
'This is how I dodged the worst of the crash - but it's becoming harder to do' image
.... In theory, its value should ignore all the vagaries of bond and stock markets. It is peer-to-peer lending. ...
The beauty of investing in funds image
Source : Independent [Read Article] Thursday 27th of August 2015 01:55:41 PM
....7 per cent discount versus owning them directly. Trusts can trade at a premium if they invest in ‘hot’ areas where investors are keen to get exposure, such as peer-to-peer lending or high-yielding infrastructure stocks. ...
Banks should be afraid, the disruption of financial services has only just begun image
.... The opportunity for growth in these platforms is phenomenal. The Liberum AltFi Volume Index, which tracks peer-to-peer lending, puts cumulative lending in the UK at £4. ...
Peer-to-peer lending rates put Nisas to shame image
Source : Independent [Read Article] Friday 21st of August 2015 09:00:00 PM
....Unfortunately for savers, the Isa market offers the same dismal outlook for the savings market as a whole. With rates at rock bottom and little sign of improvement, it could pay to consider peer-to-peer lending, an alternative and more rewarding investment option. ...
Where to open the door to the cheapest personal loans image
Source : Guardian [Read Article] Saturday 8th of August 2015 06:00:09 AM
....The move comes less than a month after the Bank of England said rates on personal loans had reached the lowest levels since records began. “This is being driven by ferocious competition for the best borrowers from peer-to-peer lenders,” says Neil Faulkner, founder of peer-to-peer lending comparison site 4thway. ...
Challenger banks raid rival lenders for top staff image
Source : Telegraph [Read Article] Tuesday 4th of August 2015 11:15:51 AM
.... . “I am delighted that Margaret has taken up leadership at Unity, ensuring the bank continues to deliver on its founding principles to support social enterprise,” said Mr Hughes, who is also the chairman of peer-to-peer lending platform RateSetter. ...
How safe is peer-to-peer lending? image
Source : Telegraph [Read Article] Sunday 26th of July 2015 06:42:20 PM
.... This is not banking and these are not savings accounts. The peer-to-peer lending websites are typically providing unsecured credit for car loans, home improvements and to pay off other credit card debts. ...
Source : Independent [Read Article] Thursday 16th of July 2015 12:25:54 AM
.... . Which brings us to the subject of one of the most popular get rich quick investment fads of the day: peer-to-peer lending. ...
Why are French workers more productive than Brits? image
Source : Guardian [Read Article] Monday 13th of July 2015 06:33:03 AM
.... He suggests Britain also needs to loosen its ties and reliance on traditional streams of finance if it is to compete with its neighbours on the continent. This is already happening, he explains, with the rise of peer-to-peer lending and crowdfunding: “The fact that London has become a huge tech city means that there are probably investments coming through now which will have knock-on beneficial effects on productivity in years to come. ...
New opportunity to invest in fund targeting up to 15pc peer-to-peer returns image
.... . Many investors are already benefiting from higher-than-cash returns from direct peer-to-peer lending through websites such as Zopa or RateSetter. ...
Is peer-to-peer lending a risk worth taking? image
Source : Independent [Read Article] Friday 26th of June 2015 09:30:00 PM
. There were a few eyebrows raised last week when the UK's second biggest mutual, Yorkshire building society, published its own guide to peer-to-peer lending together with some consumer research on the sector. ...
Is the Chinese stock market bubble about to burst? image
Source : Independent [Read Article] Friday 26th of June 2015 12:15:25 AM
....In the midst of a boom for technology stocks, the company changed its name to “P2P Financial Information Service Co”. The company hasn’t actually developed a peer-to-peer lending business – it just bought the domain name www. ...
Savers aim for six per cent returns with peer-to-peer lending - but how does it work?  image
...."There is a genuine threat that enthusiasm for saving and investing will be damaged if people are exposed to unnecessary risks they do not understand. "What is peer-to-peer lending?Initially started as a niche part of the market, peer-to-peer has become has become an accepted part of mainstream savings in recent years. ...
Building society warns savers against peer-to-peer loan splurge image
Source : Telegraph [Read Article] Monday 22nd of June 2015 11:50:27 AM
. Most savers do not understand the risks of peer-to-peer lending, the Yorkshire Building Society warned this morning, raising the prospect of bad investment decisions being made when flexible savings rules change later this year. ...
Entrepreneurs are not always born, they need to be made too image
Source : Telegraph [Read Article] Sunday 7th of June 2015 06:50:39 PM
.... . Giles Andrews, co-founder of Zopa, the peer-to-peer lending platform that bypasses banks . ...
UK financial system needs urgent overhaul, says thinktank image
Source : Guardian [Read Article] Monday 1st of June 2015 11:01:01 PM
....The report calls for further changes to the UK banking industry, including a full separation of high street banks from investment banks and more competition in the banking sector. It also suggests the health of the system could be improved by a rise in peer-to-peer lending, where savers lend money directly to individuals or small businesses. ...
Margaret Mountford: Cynicism helps over-55s succeed in business image
Source : Guardian [Read Article] Tuesday 26th of May 2015 10:19:26 AM
....Older entrepreneurs should look around for advice and support, and consider working with other people, Lowcock advises. “You don’t necessarily need to do this on your own, you can work with other people, get external investors coming in through crowdfunding and peer-to-peer lending. ...
How 126 investors bought this £212,900 property – in 35 minutes image
Source : Telegraph [Read Article] Friday 22nd of May 2015 10:26:37 AM
.... . An alternative to crowdfunding is to invest via a peer-to-peer lending website such as Landbay or Lendinvest. ...
Source : Independent [Read Article] Wednesday 20th of May 2015 01:36:39 AM
. Two of the country’s prime challengers to the high street banking status quo have struck a cooperation deal, with Metro Bank agreeing to invest millions of pounds of its depositors’ savings a month into peer-to-peer lending site Zopa. ...
Crowd-to-let: How crowdfunding sites can give investors a slice of the property market for £500 image
....Meanwhile there could be changes over the next few years in how the crowdfunding industry is regulated. The Financial Conduct Authority has expressed concerns over equity crowdfunding and peer-to-peer lending businesses, reporting that some have offered a “misleading or unrealistically optimistic impression” of the potential for growth and the security of investors’ cash. ...
Why buy shares when you can lend to companies instead for more than 6pc? image
.... . We write regularly here about peer-to-peer lending via online marketplaces such as Funding Circle, and that’s one way to do it. ...
Our five favourite easy-access savings accounts image
Source : Telegraph [Read Article] Thursday 30th of April 2015 11:44:42 AM
.... . Remember, there are alternative ways to save that people should consider, such as in current accounts and peer-to-peer lending. ...
James Moore: HSBC's 'review' is an attempt to bring the government to heel image
Source : Independent [Read Article] Tuesday 28th of April 2015 01:32:36 AM
....The reason Wasps might still pull it off is because attractive yields are very hard to find. This has also helped to fuel the success of schemes backed by companies specialising in peer-to-peer lending. ...
Fintech revolutionaries storm the barricades of traditional banking image
Source : Guardian [Read Article] Friday 24th of April 2015 06:55:08 AM
....Restrictions on lending led to a hungry market, which the banks couldn’t service. This sparked a boom in peer-to-peer lending (P2P) where individuals lend and borrow from one another via an online platform. ...
The future of saving: Pension-Isa accounts that pay a bonus at age 60 image
Source : Telegraph [Read Article] Wednesday 15th of April 2015 10:55:12 AM
.... All cash and investment returns would be tax-free. Savers should be able to open any type and number of accounts (including cash, shares, peer-to-peer lending, company bonds, etc) within the wrapper, so long as the £30,000 allowance is not breached. ...
Neil Woodford ditches banks for peer-to-peer lending image
Source : Telegraph [Read Article] Sunday 29th of March 2015 11:01:09 PM
. Neil Woodford, the highly regarded fund manager who famously stopped investing in banks, is putting his money into peer-to-peer lending. ...
Fifth of UK equity deals now use cash from the crowd image
Source : Telegraph [Read Article] Wednesday 25th of March 2015 08:00:46 PM
.... . Julia Groves, chair of the UK Crowdfunding Association, said: “Crowdfunding and peer-to-peer lending are already bringing much-needed innovation and competition in financial services in the UK. ...
Miliband's not really in the market for helping SMEs image
Source : Telegraph [Read Article] Monday 23rd of March 2015 09:52:11 PM
.... In a similar vein, Miliband promised a British Investment Bank to provide lending to small and medium-sized enterprises, a policy he has been pushing for a couple of years. Presumably that would hand out easy money to anyone who didn’t get it from the Small Business Agency? And yet, in fact, the interesting innovation in small business lending is the rise of crowdfunding and peer-to-peer lending. ...
First £1,000 of peer-to-peer returns will be tax free image
Source : Telegraph [Read Article] Monday 23rd of March 2015 05:54:08 PM
.... . At the time, it was unclear whether the reforms would include peer-to-peer lending, where investors lend money to multiple individuals via a funding platform. ...
Britons borrow more than ever before image
Source : Telegraph [Read Article] Sunday 22nd of March 2015 12:01:20 AM
.... Mr Westcott said: “Underlying this significant growth in overall unsecured borrowing, we also saw changes in the way people borrow. Old favourites such as credit cards are staging something of a revival, while newer forms of borrowing such as peer-to-peer lending are starting to gain ground. ...
Isas and savings: Budget 2015 everything you need to know  image
Source : Telegraph [Read Article] Tuesday 17th of March 2015 03:55:14 PM
.... Source: The Treasury. • The Chancellor announced in last year's Budget that peer-to-peer lending – which are loans made by individuals, via websites such as Zopa, to borrowers in return for regular interest – would be allowed inside an Isa for the first time. ...
Why shouldn't the Government sell off land in the Lake District? image
Source : Telegraph [Read Article] Monday 16th of March 2015 02:14:45 PM
.... Even if you argue that with interest rates so low, it isn’t worth paying off the national debt, then it still doesn’t make much sense to own this particular range of assets. If you happen to believe that it’s good for the government to just own lots of stuff, and build up some wealth, then why not buy a tracker fund and put the money into equities? Or do some peer-to-peer lending? It will make you more money, and it you will have diversified your risk as well. ...
Budget 2015: How George Osborne could further improve Isas image
Source : Telegraph [Read Article] Saturday 14th of March 2015 12:32:59 PM
.... A later date may mean Isa investors end up with a wider choice of peer-to-peer options. Current proposals are for loans made via peer-to-peer lending websites such as Zopa and RateSetter to be included in an Isa. ...
Lending to small businesses rises sharply as confidence improves image
Source : Telegraph [Read Article] Sunday 8th of March 2015 09:07:03 PM
.... . An increase in peer-to-peer lending and crowdfunding has helped to increase the flow of finance and high street banks, the traditional source of small business finance, also appear to be more willing to lend. ...
Bitcoin revolution could be the next internet, says Bank of England image
Source : Telegraph [Read Article] Wednesday 25th of February 2015 03:47:18 PM
.... . New technology has already “enabled the emergence of new business models, such as peer-to-peer lending and crowdfunding, which create alternative sources of finance for both individuals and businesses”, the Bank continued. ...
Nine things you need to know about the new pension freedoms image
Source : Telegraph [Read Article] Monday 16th of February 2015 04:59:55 PM
.... A self-invested personal pension, known as a Sipp, allows you to invest your money as you see fit and take it as income as needed. This approach gives you total control over whether you invest in shares, bonds or funds, or other types of investments such as peer-to-peer lending. ...
Hargreaves Lansdown enters peer-to-peer to challenge 5pc rates image
Source : Telegraph [Read Article] Saturday 7th of February 2015 09:46:55 AM
.... . However, peer-to-peer lending is riskier than putting money in a savings account at a bank or building society. ...
Source : Independent [Read Article] Saturday 7th of February 2015 01:30:33 AM
. A US private equity firm is hatching plans to raise £200m on the London Stock Exchange to invest in the growing number of peer-to-peer lending websites in the UK. ...
Source : Independent [Read Article] Friday 6th of February 2015 09:00:00 PM
....That's what its fans would have you believe. They say crowdfunding and peer-to-peer lending cut out the banks – and reduce their big profits – by putting investors directly in touch with people who need money, whether that's businesses needing start-up capital or growth finance, or individuals needing loans. ...
US private equity firm Victory Park Capital Advisors set to invest in P2P lending websites image
. A US private equity firm is hatching plans to raise £200m on the London Stock Exchange to invest in the growing number of peer-to-peer lending websites in the UK. ...

Page rendered in 2.1153 seconds.