RateSetter is a peer-to-peer lending website that allows its users to lend and borrow money directly from each other according to their own interest rates. It cuts the cost of borrowing and enables those who are already in debt to get out of their debts quicker, while at the same time increasing returns for savers. The website allows savers to invest a minimum amount of £100 and borrowers get loans of up to £20,000
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Fintastico Team
3 days, 5 hours
https://www.crowdfundinsider.com/2019/01/143304...
RateSetter Milestone: Online Lender Surpasses £3 Billion in Lending
UK based peer-to-peer lender RateSetter announced on Tuesday it has surpassed £3 billion in online lending. RateSetter reported that the milestone follows a successful year, with the lender originating more than £700 million of new lending and active loans under management grew to £820 million.
Fintastico Team
1 month
https://www.crowdfundinsider.com/2018/12/142432...
RateSetter Announces 2017-18 Revenue Growth of 47%
UK based peer-to-peer lender RateSetter announced last week the results of its 2017-2018 financial year, which ended on March 31, 2018. The lending platform reported that revenues were up by 47% (which was £34.3 million) from the previous year (£23.4 million). The company noted that the
Fintastico Team
2 months, 3 weeks
https://www.finextra.com/pressarticle/76085/cas...
Cashplus hires CTO, risk director and audit lead
Cashplus, Britain's original digital challenger to banks, has made three significant strategic hires as part of a major recruitment drive that will see it more than double the size of its current workforce by 2022.
Fintastico Team
4 months, 1 week
https://www.finextra.com/pressarticle/75386/pau...
Paul Marston joins CivilisedBank as non-exec director
CivilisedBank (‘the Bank’), the digital SME bank with relationship managers, announces the appointment of Paul Marston to the Board as Non-Executive Director.
Fintastico Team
4 months, 2 weeks
https://thefintechtimes.com/digital-lending-rea...
Digital Lending as a Gateway to Reach Unbanked People | The Fintech Times
Digital lending has great potential to reach people who have so far not been involved in financial services. The rapidly growing online lending marketplaces (dubbed peer-to-peer, or P2P, lenders) and established financial institutions compete to find out who can provide borrowers with more funding and better terms.
Fintastico Team
5 months, 1 week
http://news.google.com/news/url?sa=t&fd=R&ct2=u...