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ASSETZ Capital saw a record month of investor inflows into its Innovative Finance ISA (IFISA) during April.

The peer-to-peer business lender said that its tax wrapper attracted more than £13m last month, bringing its total IFISA investment up to £90m. ... Read More

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FOLK2FOLK reduced its trading loss for the 12 months to January 2019 but said it was still reliant on funds from its parent company.

The peer-to-peer rural business lending platform posted a trading loss of £535,136 for the year to ... Read More

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THE younger generation is more financially savvy than it is given credit for, Zopa claims.

Analysis by the peer-to-peer lender found that generation Z – those aged 18 to 22 – and millennials – people aged 23 to 38 – ... Read More

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IW CAPITAL has raised £10m from its first secured debt fund, which will be used to support UK small- and medium-sized enterprises (SME).

The investment firm has closed the fund after raising £2m from a final funding round from new ... Read More

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AN INDEPENDENT probe has been launched into the Financial Conduct Authority’s (FCA) supervision of London Capital & Finance (LC&F) and the circumstances surrounding the mini-bond provider’s collapse.

The Treasury said on Thursday that there will also be a wider policy ... Read More

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GROWTH Street has claimed that small businesses are losing out because UK banks are failing to prioritise fixing Open Banking outages.

The peer-to-peer business lender has reviewed publicly-available data which the Open Banking Implementation Entity published on its API downtime ... Read More

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THE GOVERNMENT’S bank referral scheme is failing and needs a major overhaul if it is to plug a £10bn small- and medium-sized enterprise (SME) funding gap, says Iwoca.

In an open letter to the Chancellor Philip Hammond, the SME finance ... Read More

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FUNDING Circle is set to begin a managed wind-down of its dedicated investment trust, the Funding Circle SME Income Fund (FCIF), once it gets the green light from shareholders.

The FTSE 250-listed peer-to-peer business lender said last month that shareholders ... Read More

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A NEW peer-to-peer lender has launched which specialises in education finance for graduates and professionals.

Financial Conduct Authority-authorised Lendwise is a London-based platform which pairs investors with borrowers who want to fund postgraduate education or professional qualifications to enhance their ... Read More

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LANDBAY has commissioned an independent stress test that found its investors would still receive returns of more than three per cent in an economic downturn.

The peer-to-peer lender, which specialises in buy-to-let mortgages, commissioned MIAC Analytics (MIAC) to provide the ... Read More

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