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In response to lender feedback, Proplend decided to lower the minimum loan investment amount from £5,000 to £1,000. New loans to the platforms are now split in £1,000 units. The outcome of this has been
One month in, reflections on the world of property peer-to-peer lending. When a former colleague started a well-known peer-to-peer (P2P) lending platform over 5 years ago, I remember thinking great idea, but I’m not sure it’ll catch on. That business lent over £650m
Orca Money, the online Peer to Peer comparison web service, has just completed their Proplend Investment Review and come to the following conclusion. Proplend’s track record in preserving investor’ capital and interest is faultless. Their credit-writing seems robust and has ensured retail