PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Assetz Capital investors earn GBP15m total gross interest

Assetz Capital says investors have earned a total of GBP15 million in gross interest since the company launched in 2013. 

Assetz Capital has been at the forefront of the P2P sector by providing British small and medium sized businesses with their funding requirements.
 
Individuals can invest in these businesses either through tailored investment accounts, or by manually choosing where their capital is invested.
 
To date almost GBP180 million has invested through the platform, typically earning investors gross rates of return between 3.75 per cent and 15 per cent per annum. 
 
Each of the businesses receiving funds through Assetz Capital has provided tangible assets to provide security for P2P investors while mitigating risks. As a result, Assetz Capital has one of the lowest loan default and loss rates in the market and has been trusted by more than 15,000 investors to date. 
 
Stuart Law, CEO of Assetz Capital, says: "2016 has been an incredibly successful year for Assetz Capital as more and more people are realising the benefits of investing through peer-to-peer platforms. GBP15 million total gross interest earned by investors is a big milestone for the business, and things are progressing so quickly that we expect to see this total double by the end of 2017.
 
"In the aftermath of the Brexit decision and amidst plummeting savings rates we have seen a significant rise in people turning to P2P lending to potentially grow their capital through Brexit-proof investments."

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured