Tag: Funding Circle

May 30

Lego banking

Metro Bank, one of the UK challenger banks, has just announced a deal  to lend customer deposits through Zopa, one of the UK’s biggest peer-to-peer platforms. This is a significant in a number of reasonss. It is both the first British bank to lend through a peer-to-peer platform, and a major collaboration of challenger bank with …

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Permanent link to this article: http://transformingfinance.eu/lego-banking/

May 30

Big boost for alternative lenders

The government is planning £100m in funding for alternative lenders, including new internet finance firms. It is part of £500m being made available to small and medium sized firms through the government’s Business Finance Partnership. So called peer-to-peer lenders are expected to be big beneficiaries. They use the internet to match businesses with investors with …

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Permanent link to this article: http://transformingfinance.eu/big-boost-for-alternative-lenders/