Lendy | Money&Co. WP

Compensation Calls Follow Lendy Failure – Plus IFISA Process Guide

Martin Baker | July 25, 2019

The fallout continues from the failure of Peer-to-peer (P2P) lending platform, Lendy. Lendy was regulated by the FCA, and there are vociferous calls for compensation for investors. The City grandee Lord Myners is at the fore of the this movement, The Times reports on this (subscription required), as does P2P Finance News. FORMER City minister Lord […]

Life After Lendy – Why Well-Managed P2P Really Works

Martin Baker | June 12, 2019

In the high-profile wake of the failure of peer-to-peer (P2P) platform Lendy, there has been widespread caution about the P2P sector. However, it would be very wrong to generalise from the particular. As more has come out about the way that Lendy managed its business, it has become apparent that it took unacceptable levels of […]