Michael Lloyd

Mintos has launched its long-awaited regulated notes today, which give investors better protection and transparency.

Earth Day: There are a number of Innovative Finance ISAs that do ethical and social good. Here Peer2Peer Finance News highlights a selection

New advertising rules banning celebrity promotion should be extended outside of gambling and lottery adverts

Funding Circle sent shockwaves through the sector when the platform announced its exit from the peer-to-peer lending space earlier this month. It was one of the oldest platforms, having been open to retail P2P investors for almost 12 years, and followed other... #FlexiPay #FundingCircle #LisaJacobs

The peer-to-peer lending sector has been around for over 15 years and in that time it has seen several trade bodies and groups represent platforms. Most recently, the UK Crowdfunding Association (UKCFA) has launched a sub-group for P2P lending platforms called the 36H... #FCA #InnovateFinance

The UK roll-out of open banking was given a boost today, after the competition regulator clarified its definition of sweeping for variable recurring payments (VRP). VRPs allow customers to connect authorised payments providers to their bank account so that they can make payments on the customer’s be…

Mintos has launched a functionality that allows investors to donate through the European lending marketplace to help the people of Ukraine and refugees from the war. The platform has said the majority of its portfolio is not impacted by the war. Mintos said that its exposure to... #Mintos #Ukraine

The government is “committed to ensuring” that the crowdfunding sector “continues to thrive” with plans to cut the red tape for raising finance. In its UK Prospectus Regime Review Outcome, the Treasury said it plans to remove the current requirement for a... #BruceDavis #JohnGlen #Treasury

Mintos is limiting investor loan exposure to Belarus and is exploring alternatives to the SWIFT international payments system so Russian loan originators can continue making repayments. Amid the ongoing war in Ukraine, the European lending marketplace has said it is... #Belarus #Mintos #Russia

Shojin Property Partners has raised over £850,000 to acquire 20 apartments in its first international project outside of the UK, in Malaysia. The peer-to-peer lending platform raised the funds from over 40 global investors in just a month, after... #HunzaPropertiesGroup #JatinOndhia #Penang

The Treasury committee has recommended the government include online advertising in its Online Safety Bill to prevent further harm to customers being offered fraudulent financial products. The committee published its economic crime report, in which... #economiccrimereport #FCA #interactiveinvestor

Fintech backer Varengold Bank has almost doubled its net income annually from €27.4m (£22.8m) in 2020 to €54.5m in its 2021 financial year. Over the same period, the German bank saw its earnings before tax rise more than tenfold from €1.9m to €22m. Read more:... #DrBernhardFuhrmann #VarengoldBank

Loanpad is preparing for “steady stable growth” this year since reaching profitability month-on-month from June, despite posting an overall loss of £69,713 in 2021. Chief executive Louis Schwartz (pictured) said the peer-to-peer property lending platform reported the loss... #Loanpad #LouisSchwartz