PE Tech Report

Crowdfunding & Peer-to-Peer Lending

Assetz Capital boosts returns across access accounts

Peer-to-peer business lender Assetz Capital has announced its first ever rate rise across its access accounts.  The rate increase, which takes effect from 1 May 2018 until further notice, will take target interest rates for the Quick Access Account and 30-Day Access Account from 3.75 per cent to 4.10 per

MatchPlace launches peer-to-peer invoice financing service

MatchPlace has launched a peer-to-peer Invoice Financing service for companies, called MatchPlace IF. The new service is designed to help SMEs more efficiently manage their working capital by selling their outstanding invoices to investors.   The invoice financing facility allows companies to submit their invoices through the MatchPlace IF platform

Lending Works passes GBP100m milestone

Peer-to-peer lender Lending Works has passed GBP100 million in terms of money lent, cementing its position as one of the biggest UK platforms of its type. The milestone comes just over four years after Lending Works was first launched and a year after it broke through the GBP50 million mark.

ArchOver launches R&D funding bridge for UK innovators

ArchOver, a P2P business lending platform, is now helping businesses to bridge the funding gap that prevents them continuing to grow their operation whilst waiting for their R&D tax claim to be repaid. ArchOver’s Research & Development Advance (RDA) service is the first provided by a P2P lender funding advances

Assetz Capital hits manual lending milestone

Assetz Capital has now reached a record number of loans available to investors using its Manual Lending Account (MLA), with well over 200 live loans with loan parts available for immediate investment on the secondary market. The MLA allows hands-on investors to build a diversified portfolio of hand-picked loans that

FundedByMe launches in Poland

Scandinavian equity crowdfunding platform FundedByMe, which has a network of 110,000 investors, is expanding into Poland with the opening of a new office in Warsaw on 17 April. The new Polish office, which will be headed by Maciej Gajewski, is the fifth international market location beyond Sweden where the platform is headquartered.

Bitcoins

Cryptocurrencies failing to convince many investors

Investors in the Assetz Capital platform are yet to be convinced by cryptocurrencies, with just 16 per cent seeing them as worthwhile investments. The peer-to-peer lending platform canvassed the views of its investors in the Q1 Assetz Capital Investor Barometer. Some 43 per cent believe the entire market is on

BondMason equity funding round oversubscribed by 50 per cent

BondMason’s latest investment fundraising round raised GBP1.85 million, to drive the growth of the business and fulfil the company’s vision to enable more investors to access returns from direct lending. The direct lending market in the UK is continuing to come of age, offering investors the potential to deliver attractive

Assetz Capital launches 1 per cent Spring bonus

Assetz Capital has launched a 1 per cent Spring bonus, giving investors an additional 1 per cent gross target interest until 30 June 2018. All new funds lent before 4 April 2018 on the Assetz Capital platform will now earn the additional target interest until 30 June 2018.   The

Seedrs reports record secondary market trading activity

Equity crowdfunding platform Seedrs has reported record trading on its secondary market which was launched in June 2017 and was opened to all investors, whether previous shareholders or not, for the first time last week.
 Until Seedrs announced the launch of its secondary market, the long-term nature of early stage

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