In the news - 16.10.15

The Marketing Eye Newsletter

The latest news from the world of Alternative Finance and FinTech

P2P lender TrustBuddy halts operations over ‘misconduct’

TrustBuddy, the world’s first listed peer-to-peer lending platform has suspended operations and reported itself to police after discovering “serious misconduct” including misuse of client money. (FT)

read more

Renewables crowdfunding in doubt as lending platform quits sector

The future of crowdfunding for renewables projects has been thrown into question after a prominent business closed its door to new green energy loans following cutbacks in government support for the sector. (FT)

read more

Property loan fund to launch in P2P boom

The online loan platform LendInvest is to launch a listed fund, the first such vehicle to focus on property-backed peer-to-peer lending. (FT)

read more

Bovill raises concern over P2P authorisation process

Advisers looking to add peer-to-peer lending into their client’s Isas may find that competition and choice in the P2P market has been reduced due to strict FCA authorisation processes. (FT Adviser)

read more

P2P platform Landbay joins Council of Mortage Lenders

Landbay, a UK-based alternative finance platform for buy-to-let mortgages, has become the first peer-to-peer lender to be invited to join the Council of Mortgage Lenders (CML) as a full member. (Finextra)

read more

Hargreaves Lansdown joins peer-to-peer race with new lending service planned for next autumn

Hargreaves Lansdown is to launch its own peer-to-peer lending service next autumn. The FTSE-100 listed wealth manager is keen to branch out from fund broking and financial advice to grab a slice of a £3billion market which is growing at an explosive rate. Five years ago, the fledgling industry was worth only £73million. (Daily Mail)

read more

Lend2Fund lured to London by friendly FinTech regulation

Lend2Fund, one of the10 FinTech start-ups that joined a UK Trade & Investment delegation to London last month has decided to relocate to the UK capital. (

read more


Worldpay seals biggest UK FinTech IPO

Shares in Worldpay jumped six percent as the UK payment processor made its debut on the London Stock Exchange, valuing the company at £4.8 billion. (Finextra)

read more


GLI Finance partners with Verus360

GLI Finance has agreed to partner Verus360, a Bibby Line Group company. GLI will support Verus360 with a £5m loan facility which has conversion rights, which are expected to provide the potential for a stake of approximately 14% in the business in the longer term. (Stock Market Wire)

read more


Lack of funding for small businesses could cost the UK up to £2.9bn

The UK’s small businesses are being stymied by a lack of funding, which is holding the UK's economy back. A lack of funding from high street banks since the recession, has slowed small business growth and could have cost the UK economy as much as £2.9bn of potential turnover in the last five years from SMEs, according to new data from Funding Options, the alternative finance supermarket. (City A.M.)

read more


P2P Platform Crowdstacker offers exposure to UK property sector

Peer-to-peer lending platform Crowdstacker is launching an opportunity to lend to Amicus Finance (Amicus), offering investors 5.67 per cent annual interest over a term of just 18 months. (Property Funds World)

read more


City veteran warns over P2P Isa

The founder of the online investment service Bestinvest has opposed the inclusion of peer-to-peer lending in Isas, arguing it is a “mistake” to give the fashionable asset class this seal of approval so soon. (FT)

read more


AFME releases pan-European guide for SME financing

The Association of Financial Markets in Europe (AFME) has released a pan-European guide to help European SMEs navigate the appropriate funding for their business needs. The guide, entitled Raising finance for Europe’s small and medium-sized businesses: A practical guide to obtaining loan, bond and equity funding, provides a comprehensive overview of the financing options available. (GTR)

read more


UK start-up claims blockchain breakthrough in payment processing

UK start-up, Setl, has claimed a breakthrough in the financial services industry’s attempts to turn the technology behind bitcoin into a large-scale workable model by processing more than a billion potential payments a day. (FT)

read more


URICA moment can help small firms to grow

Liverpool is at the heart of a new form of finance aimed specifically at the small business (SME) sector. London-based URICA provides funds against invoices, but says it differs from conventional factoring by, instead, paying cash to the supplier, up front, within three of four days, for 1.3% of the invoice based on 30 days’ credit. (Liverpool Echo)

read more


Click here for more news and insights from the world of  Alternative Finance and FinTech


Need help with marketing?

Contact us today and we can help you develop a marketing strategy that drives quality engagement in your business.

Download our app

app store
google play app store


Take our instant marketing healthcheck

Simply answer a few questions and you'll receive an assessment of your current
performance and specific advice on where your marketing focus should be.

Click here to take the test



Get in touch. We’re here to help

T 01825 765617   E   W

3 More London Riverside London SE1 2RE

Operations Centre 122-126 High Street Uckfield TN22 1PX



Take the first step

To find out more about how we can help you grow faster, please get in touch. We'd like to hear from you.  Or try our instant marketing healthcheck, it's free!

Request a call