Posts filed under: P2PFANews

Peer-to-Peer Lending surpasses £1 billion in 2014

The peer-to-peer lending industry lent more than £1.2 billion in 2014 according to new figures released today from the Peer-to-Peer Finance Association (P2PFA). The sector has now lent more than £2.1 billion in total, doubling in size since the end...
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P2PFA calls for new Lending ISA

Following the conclusion of HM Treasury’s consultation ‘ISA qualifying investments: consultation on including peer-to-peer loans’, Christine Farnish, Independent Chair of the Peer-to-Peer Finance Association, said: “We are looking forward to seeing the Government’s response in the New Year and hope...
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Autumn Statement reforms to help level playing field says P2PFA

Following today’s Autumn Statement, the Chancellor George Osborne announced new measures to support the peer-to –peer lending industry. These include: • The Government’s intention to review financial regulation which currently stands in the way of institutional lending through peer-to-peer platforms;...
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P2PFA – European Associate Membership

The P2PFA has agreed to establish a new Associate European Member category of membership that is eligible to peer-to-peer lending platforms doing business in European countries within the European Economic Area. Any European P2P lending Platform wishing to apply should...
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Former Chief Ombudsman, Tony Boorman, joins the P2PFA as a Director

The Peer-to-Peer Finance Association (P2PFA) is delighted to announce the appointment of Tony Boorman, former Chief Ombudsman at the Financial Ombudsman Service, as a Director of the P2PFA. Tony will work with Christine Farnish, the Independent Chair of the P2PFA...
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Peer-to-Peer lending sets the pace in UK alternative finance sector

A new report released today shows Peer-to-Peer lending is the largest growing sector of the alternative finance market. ‘Understanding Alternative Finance: ‘The UK’s Alternative Finance Industry Report 2014’ published today by Nesta, University of Cambridge and University of California, Berkeley, identified...
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Peer-to-Peer lending set for ISA green light

The Government has today announced it is launching a consultation setting out how peer-to-peer lending will be included as part of the ISA tax wrapper. Following Chancellor George Osborne’s initial announcement in the Spring Budget to include P2P loans as...
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Chancellor recognises peer-to-peer lending at heart of FinTech agenda

Following this morning’s speech by Chancellor George Osborne on innovative finance and the role of alternative finance lenders, Christine Farnish, Chair of the P2PFA, said: “We very much welcome today’s words by the Chancellor and believe peer-to-peer lending will play...
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Peer-to-peer lending doubles in six months

New figures released today by the P2PFA show that peer-to-peer lenders lent over £500million of new money in the first half of 2014 alone, demonstrating a further acceleration in the growth rate of growth of this important new sector. The...
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P2PFA announces new standard for calculating default rates

London, 18 June 2014 The Peer-to-Peer Finance Association (P2PFA) today announced a further measure to improve standards in the peer to peer lending market. In future, all P2PFA members will calculate defaults on their loans in a standard way, helping...
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