Monthly Archives: September 2019

Leading P2P Investor’s Struggles Continue – Plus Loan Latest

What is it about the uneasy alliance between mainstream finance and the peer-to-peer (P2P) lending sector? We’ve reported recently on the difficult times experienced at Funding Circle, and now further bad news comes from GLI Finance, an early investor in the P2P sector. Note the claim by one of its executives that the company is […]

IFISA Will Weather Industry Doubts Over Long-Term Future – Plus Loan Latest

Our friends at Professional Adviser run an opinion piece predicting that the Innovative Finance individual Savings Account will suffer because of regulatory or governmental hostility and/or ignorance. We believe that the peer-to-peer (P2P) lending industry is already seeing a shake-out (losing the platforms that don’t have solid business practices and especially conservative risk-analysis policies). Our […]

P2P Platforms, Downturns, And the FSCS – Plus Loan Latest

Money Week looks at investing in property via P2P, and examines how P2P platforms will fare in an economic downturn. The coverage is broadly fair, but it starts off with a generalisation that needs qualification. P2P platforms have yet to experience a severe downturn, while they’re also not covered by the Financial Services Compensation Scheme […]

Tough Times For Investors, Lenders And Regulators

The FT looks at tough times. As reported here consistently, regulation, Brexit uncertainty and all manner of nonsense mean that no-one has it easy just now. “But what about the retail investors? Those with money trapped inside the stricken Woodford Equity Income fund may well fesel misled. But the industry will assert that no investment […]

Be Prepared! FCA Concerned For SMEs Post-Brexit

Following yesterday’s news of a Financial Conduct Authority (FCA) helpline for the peer-to-peer (P2P) sector, come reports that the FCA is concerned about the sectors lack of preparedness for a hard Brexit amongst SMEs. Our friends at AltFi take the story forward. Financial firms not prepared appropriately for a no-deal Brexit may risk an impact […]

Anybody There? FCA Launches P2P Brexit Helpline

The Financial Conduct Authority (FCA), a fine organisation but not necessarily one that’s first with the news, has launched  a dedicated helpline for businesses. We let our friends at P2P Finance News tell the bulk of the tale. The City watchdog, which oversees the peer-to-peer lending market as well as the rest of the financial […]

Managed-Asset Regulations And The Higher Bar For P2P – Plus Loan Latest

Following on from yesterday’s piece about the Financial Conduct Authority’s plan to implement higher levels of transparency in reporting and regulation of peer-to-peer (P2P) loans, we thought we’d offer more detail on our managed portfolio service. Why? Because we use asset-management permissions granted by the FCA, to offer this service. The new system for P2P […]

Transparency In FinTech – Asset Management-Style Rules Welcomed

There has been much excitement about the publication last June by the Financial Conduct Authority of the final rules regarding disclosure of information – specifically, about the risks involved for investors in peer-to-peer loans, the pricing of those loans and about what happens if things go wrong. As our friends at P2P Finance news recently […]