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Half-year losses triple at UK peer-to-peer lender Funding Circle
Sudden onset of pandemic forced company to write down value of loans it had hoped to sell on |
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Fintech lenders: marketplace of hope
The concept remains resilient. Whether a pure start-up can flourish is another matter |
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Metro Bank agrees deal for peer-to-peer lender RateSetter
Purchase comes as UK challenger bank seeks to expand into more profitable areas of consumer lending |
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P2P lender Zopa wins UK banking licence
The 15-year-old company is looking to access more stable ways to fund its loans |
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Peer-to-peer lenders forced to abandon retail roots
Groups turn to big financial institutions amid falling demand and nervous investors |