Posts Tagged: P2P finance

Choosing The Right Financier Is Not Just For The Fast Growth Few

As Mick Jagger once memorably sang: “You can’t always get what you want.” And although the Rolling Stones frontman was – it’s probably safe to say – not thinking about the fundraising challenges faced by SMEs at the time of writing, the song could probably serve as soundtrack for those struggling to secure the capital…

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Alternative Finance Continues to Evolve into 2019

As 2018 draws to a close, the Alternative Finance revolution is showing no sign of losing momentum.   Witness the latest update from the P2P Finance Association. According to the trade body, new lending to businesses by its members totalled £750m in the second quarter of 2018. Net lending to SMEs came in at around…

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P2P Lenders Retreat from Unsecured Market

The UK’s alternative finance industry is experiencing a period of retrenchment as major players pull back from unsecured lending. While some analysts see this as a positive step to lenders focusing in on their specialist or niche sectors, this doesn’t help the UK’s 5.7 million small businesses, many of whom have no other option than…

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More Businesses Are Turning To Alternative Finance

New research from payments provider Worldpay, shows that more small businesses are turning to alternative finance options, including peer-to-peer lending, to support their growth plans.   Almost 40 per cent of business owners claim the growth in alternative finance has made them less reliant on traditional sources of finance for funding, however, the number of…

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Wealth Managers Will Fill “Financing Gap” With P2P

The asset management sector is set to dramatically increase its involvement in peer-to-peer (P2P) lending, according to a new report from PwC.     The report, titled ‘Asset & Wealth Management Revolution: Embracing Exponential Change’, says asset and wealth managers will need to seek investment opportunities in niche areas such as P2P if they are…

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Concerns Mount for The P2P Sector

The industry is bracing itself for what could be the toughest test of the peer-to-peer (P2P) sector to date with a wave of providers expressing concerns over the recovery potential of some platform’s loans.   According to AltFi Data, the sector is worth an estimated £12 billion and analysts say they cannot accurately predict how…

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The Alternative Lending Landscape Sees New Entrants

The investment banking giant Goldman Sachs is considering launching a consumer lending arm in the UK, which will compete with the likes of Zopa and RateSetter.   The US bank is reportedly looking to expand its retail banking business in the UK, initially with savings accounts and potentially moving into lending with the roll out of…

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P2P Should Diversify To Survive

The peer-to-peer industry (P2P), long touted as the biggest challenge to the high street banks is still suffering growing pains.   The long-standing supply and demand problem that platforms have experienced shows no sign of abating with many of the leading players are still failing to attract enough borrowers. Zopa, the oldest P2P lender, has…

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FCA Set to Toughen-Up on P2P Lenders

  The Financial Conduct Authority (FCA) has been consulting on further regulation of the peer-to-peer (P2P) sector since it found evidence last year of “consumer detriment” in the way companies match end investors with companies and individuals seeking loans.  The FCA’s full review of the P2P industry, which is expected to be released in early autumn,…

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Global P2P Market to Grow 52% Annually

The peer-to-peer (P2P) lending market was valued at $26,064 million in 2015 and is projected to reach $460,312 million by 2022, growing at a compound annual growth rate of 51.5 per cent from 2016 to 2022.   The growth prediction is from Research and Markets, who have announced the addition of a new title, Peer…

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