P2P Money Blog

One of the leading European peer-to-peer companies, TrustBuddy, has announced that it has closed following "suspected misconduct within the company".  Some staff have been suspended and all current and former employees have had their lending accounts fr… more »

Unbolted is a new peer-to-peer company that lends against assets.  That is not too different than a large number of peer-to-peer companies, but Unbolted is slightly different.  There are two types of loans, one secured against assets (in a similar way t… more »

Funding Circle's recent announcement has certainly angered some lenders.  A poll we put together on the P2P Independent Forum suggested around 85% of lenders voted that they did not welcome this change. So what are Funding Circle are going to do?  It h… more »

Funding Circle, the leading peer-to-business provider in the UK, has announced that it is moving away from the current auction model for unsecured loans.  This will be replaced with a market with fixed rates per risk band per lending term, and lenders w… more »

Saving Stream have launched auto-lending which they are referring to as "prefunding". Here is the email which has been sent to all lenders: We have a situation (a nice one we think) where demand is simply outstripping supply. There are a number of p… more »