P2P Money Blog

The administrators BDO who are running Collateral since the court appointed them on 28th April 2018 have updated their frequently asked questions on their website. This does not make good reading for lenders. Have borrowers continued to service the… more »

The Manchester based peer-to-peer lending platform Collateral has gone into administration. Lenders were presented with the following message as of Monday: We are currently in the process of updating our servers and our network infrastructure. We ap… more »

RateSetter has announced details of their Innovative Finance ISA which will be launching in February. Here is the email sent to existing lenders: The RateSetter ISA will launch in February 2018 and will initially be exclusively available to existing… more »

 RateSetter has emailed all of their lenders concerning three borrowers.  We have redacted some of this information for confidentiality. On 2 May 2017, we announced on our blog that we had changed our relationship with two of our borrowers.  We are w… more »

Funding Circle have announced that they are to exit property loans by 2018.   Funding Circle?s long term goal is to become the first choice for small businesses here in the UK and across the world. By attracting thousands more businesses to the plat… more »