London-based Metro Bank has struck a deal to buy peer-to-peer lender RateSetter for £2.5 million ($3.27 million) upfront. Metro will make additional payments to shareholders if...
Peer-to-peer (P2P) lending platforms in the U.K. are asking the government for help to continue lending after the coronavirus has ravaged markets around the world,...
The U.K. watchdog in charge of investor oversight proposed tough new regulations regarding peer-to-peer (P2P) lending platforms, in a bid to help consumers wade through...
Reports that surfaced last month hinting at RateSetter‘s entrance into the corporate lending space appear to have been true. According to Financial Times, the U.K. peer-to-peer...
Has the Lending Club debacle taught the alternative lending industry anything? Perhaps, but the lesson isn’t that the players should abandon the market. The marketplace...