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Blog.p2pmoney.co.uk news digest

  • 9 years

    Metro Bank lending through Zopa

    Zopa has today announced that it has entered into an agreement with Metro Bank to allow funds to be lent through Zopa's peer-to-peer lending platform.  This follows previous agreements between banks to refer borrowers, but this is one of the first where...

  • 9 years

    Wellesley & Co mini-bond cashback

    Wellesley & Co are now offering up to 1.5% cashback on their mini-bond, but this is only up to 22nd May.
    Here is the blurb from Wellesley & Co on their mini-bond:
    The mini-bond gives investors the chance to be part of our ongoing success, by investing in the company's expansion and contributing to its secured lending activities.  Wellesley Finance fund all loans matched by Wellesley & Co.  The success of our...

  • 9 years

    Funding Circle API Update

    Funding Circle announced a closed beta of their API back in November 2013, and since then developers - including those at P2P money - have been waiting.  We asked Funding Circle for an update in March 2014 and we received the following statement:
    I have spoken with the Tech team who advise that they are conducting final testing on the API and are expecting to release this by the end of quarter 2 of this year....

  • 9 years

    Budget 2015

    The 2015 budget didn't contain any firm commitments on the ISA front there was the confirmation that lenders will be able to offset their P2P losses from April 2016.
    Excepts from the Budget 2015 document:
    2.83 Extending ISA eligibility – The list of qualifying investments for ISAs will be extended to include listed bonds issued by a co-operative and community benefit society and small and medium sized enterprise (SME) securities (not just equities) admitted...

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Updated: June 05, 2023
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