Peer To Peer News

Published on September 6, 2017

Proplend Makes Richmond Move As Growth Continues

UK peer to peer lending platform Proplend has moved to larger premises in Richmond, London. The move comes to accommodate a growing team and platform expansion plans after more than 3 years in Ascot (Berkshire), since founding in 2014. CEO, Brian Bartaby

Published on August 31, 2017

How Proplend Determines Lending Interest Rates

Loan interest rates reflect the credit risk of the underlying transaction – the probability of a loan defaulting. Rates are therefore representations of the creditworthiness of the underlying borrower, the security pledged and the circumstances surrounding the

Published on August 2, 2017

Proplend Extends IFISA Offering To New Customers

Proplend has been in the news this week, with P2P Finance News reporting that the property lending platform had extended the availability of its Innovative Finance ISA (IFISA) to new customers. With effect from 1 August, anyone registering as a Proplend

Published on July 31, 2017

Transparency and Provision Funds – Our CEO’s Thoughts

As an active peer to peer lending participant, you’re probably aware of some negative media coverage around the wholesale lending practices of one of the UK’s biggest peer to peer platforms – as well as the potential losses resulting from those loans

Published on July 28, 2017

High Levels of Interest as Proplend Completes First Round Of Equity Funding

Proplend has been in the news this week having recently completed the first round of its ‘Series A’ equity funding. Merchant Bank, Salamanca who have facilitated this and the next round of Series B funding reported a high level of

Published on July 5, 2017

UK Peer To Peer Lending Reaches Significant Milestone

The UK peer to peer industry reached a significant milestone during the first half of 2017 as historical P2P lending topped £10 billion. This according to independent data, research and analysis provider Orca Money who report that over £2bn of this has come in 2017

Published on June 27, 2017

Diary of an IFISA Manager

We had our first IFISA account open within a couple of minutes of launch and our first subscription payments within a couple of hours. Our first ISA loan investment took place later that afternoon. Within 24 hours of receiving our first transfer in forms, we’d received our first two transfer payments

Published on May 31, 2017

Proplend Launches its IFISA to Existing Platform Lenders

Proplend was in the news on Wednesday (31st May) with Peer2Peer Finance News reporting on the successful launch of the platform’s Innovative Finance ISA (IFISA), initially to existing registered Lenders only. Chief Executive Brian Bartaby, is quoted saying;

Published on April 26, 2017

P2P Property Lending Platforms Are Increasingly Mainstream For SMEs

Proplend was mentioned in a recent Peer2Peer Finance News feature (24 April), as one of the P2P property platforms making a significant contribution to the alternative finance sector. The article focuses on the crucial role

Published on April 25, 2017

It’s Time for Advisers to Embrace P2P Lending

Advisers will need to decide if they want to maintain client confidence by being proactive with their P2P investment recommendations. Or whether they are happy to merely react to an increasing number of clients conducting their own interest rate research.