A month-by-month guide to P2P in 2021
2021 has certainly been a memorable year for the peer-to-peer lending space. Much has happened, with platforms bouncing back from Covid, supporting businesses and passing many milestones while also...
View ArticleThe biggest shocks of 2021
2020 brought the great shock of a pandemic but 2021 also served up plenty of surprises in the peer-to-peer lending sector. From platform closures to international expansions, here Peer2Peer Finance...
View ArticleAverage IFISA returns pass 9pc for second year running
Innovative Finance ISAs (IFISAs) returned an average of 9.01 per cent during 2021, showing that the peer-to-peer lending model can deliver inflation-beating returns during periods of prolonged...
View ArticleThe House Crowd’s administration extended to 2023
The House Crowd’s administration has been extended until 2023 as it nears its one-year anniversary. According to documents published on Companies House, joint administrators Quantuma said the...
View ArticleAn update on P2P platform administrations
The administration process for collapsed peer-to-peer lending platforms has proved lengthy to say the least, running into several years in some cases. Here Peer2Peer Finance News updates you on the...
View ArticleThe House Crowd administrator awaits court clarity on distributions
More than £150,000 of uninvested funds have been returned to investors of collapsed peer-to-peer lender The House Crowd in its first year in administration. However, administrator Quantuma has said...
View ArticleThe House Crowd investors handed three-week deadline for court submissions
A High Court judge has given The House Crowd investors three weeks to provide information relating to the administrator’s court filings for clarity on distributions. In the latest progress report,...
View ArticleTransparency Taskforce invites P2P investors to march against FCA failures
The Transparency Taskforce (TTF) has invited investors from collapsed peer-to-peer lending platforms to join a march in London that it is organising to protest the City regulator’s conduct and failure...
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View ArticleThe House Crowd administration extended by another six months
The House Crowd’s (THC) administration process has been extended by six months due to the transfer of the stricken firm’s ISA Manager status. The administrator Quantuma had its application for an...
View ArticleP2P administration costs rack up
Administrators are set to pocket more than £8m from defunct peer-to-peer lending platforms, research has found. Analysis by Peer2Peer Finance News has shown the cost of recouping funds and unpicking...
View ArticleThe House Crowd’s administration extended to 2023
The House Crowd’s administration has been extended until 2023 as it nears its one-year anniversary. According to documents published on Companies House, joint administrators Quantuma said the...
View ArticleAn update on P2P platform administrations
The administration process for collapsed peer-to-peer lending platforms has proved lengthy to say the least, running into several years in some cases. Here Peer2Peer Finance News updates you on the...
View ArticleThe House Crowd administrator awaits court clarity on distributions
More than £150,000 of uninvested funds have been returned to investors of collapsed peer-to-peer lender The House Crowd in its first year in administration. However, administrator Quantuma has said...
View ArticleThe House Crowd investors handed three-week deadline for court submissions
A High Court judge has given The House Crowd investors three weeks to provide information relating to the administrator’s court filings for clarity on distributions. In the latest progress report,...
View ArticleTransparency Taskforce invites P2P investors to march against FCA failures
The Transparency Taskforce (TTF) has invited investors from collapsed peer-to-peer lending platforms to join a march in London that it is organising to protest the City regulator’s conduct and failure...
View ArticleThe House Crowd administration set to drag on
Administrators for The House Crowd have admitted that the administration process will not be complete until February 2024 at the earliest, while telling investors that they must wait another six to 12...
View ArticleThe House Crowd administration extended by another six months
The House Crowd’s (THC) administration process has been extended by six months due to the transfer of the stricken firm’s ISA Manager status. The administrator Quantuma had its application for an...
View ArticleP2P administration costs rack up
Administrators are set to pocket more than £8m from defunct peer-to-peer lending platforms, research has found. Analysis by Peer2Peer Finance News has shown the cost of recouping funds and unpicking...
View ArticleHouse Crowd administration extended again
The House Crowd’s administration has been extended once again, with the new end date set for February 2024. According to documents filed on Companies House, administrators at Quantuma have filed to...
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