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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Discussion
Fintastico Team
4 weeks
https://www.crowdfundinsider.com/2019/02/144734...
RateSetter Reported ISA Exceeded Expectation in First Year By Attracting £175 Million of Subscriptions
UK-based peer-to-peer lender RateSetter recently announced its ISA has exceeded expectations in its first year, having attracted £175 million of subscriptions, and currently accounts for one-fifth of the platform’s £830 million funds under management. RateSetter unveiled its ISA in February 2018. It allows investments in peer-to-peer loans to
Fintastico Team
1 month, 1 week
https://www.crowdfundinsider.com/2019/02/144281...
RateSetter Expands Property Development Finance Team in South West England; Appoints Ian Granger as New Business Development Manager
UK based peer-to-peer lender RateSetter announced on Friday it is expanding its Property Development Finance Team in South West England with the appointment of Ian Granger as its new Business Development Manager. Granger will reportedly oversee client management and business development in Somerset, Devon, and Cornwall as
Fintastico Team
1 month, 3 weeks
https://www.crowdfundinsider.com/2019/01/143640...
P2P Lender RateSetter Tops 75,000 Investors
Last week RateSetter reported over £3 billion in online lending. Today, RateSetter says more than 75,000 people have invested on the P2P Platform. RateSette reports that investors have earned returns of £120 million with an average interest rate of 4.4% per year since RateSetter launched in 2010. Mario
Fintastico Team
2 months
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
3 months
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
4 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
6 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
6 months, 3 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
7 months, 1 week
http://news.google.com/news/url?sa=t&fd=R&ct2=u...