Tag Result: Peer-to-peer
Lendy administration extended three years as asset sales hit by coronavirus
The administrators winding up collapsed peer-to-peer lender Lendy have been granted a thre...
Lendy loan book ‘significantly worse’ than expected with ‘unacceptable’ AML records
Administrators of the Lendy loan book have revealed they found the business in a far worse...
Peer-to-peer investment cap comes into force
New peer-to-peer lending regulations come into effect from today, including a cap on how m...
Landbay pulls out of retail P2P lending market
Landbay has announced it has exited the retail peer-to-peer market with existing investors...
P2P lender Funding Secure drops into administration
Funding Secure, a peer-to-peer lender that offered a range of property loans, has fallen i...
Lendy administrators taking legal action and PII claims against borrowers
The administrators of collapsed peer-to-peer lender Lendy have revealed they are taking le...
FCA warns P2P lenders to clean up act
The Financial Conduct Authority (FCA) has warned the peer-to-peer industry to clean up poo...
Lendy investors to face anti-money laundering re-validation before return of funds
Lendy investors will be put through a fresh set of anti-money laundering (AML) checks befo...
Lendy investors will not get cash until October
Administrators dealing with the collapse of peer-to-peer firm Lendy have revealed that inv...
Lendy administrators reveal loan book insolvencies, AML issues and property transfer concerns
Two thirds of the outstanding Lendy loans worth a combined £152m are in some form of form...