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2014 has turned out to be a seminal year for the Alternative Finance industry, underlined by the points made by George Osborne in his Autumn Statement last week. Bad debt relief on investments made through Peer to Peer (P2P) platforms; potential ISA eligibility and a withholding regime for Income Tax
Lending Club, the world’s largest Peer-to-Peer (P2P) Lending Platform, who has facilitated over $6 billion of consumer lending in the US, listed on the New York Stock Exchange yesterday. It is more than just the largest IPO for a tech company this year, it’s also planting the flag for an
The 2014 Autumn Statement was very encouraging for the Peer to Peer Lending Industry – thank you Mr Osborne! George Osborne in his Autumn Statement stated that the Government is determined to support a more competitive banking sector where new banks, alternative providers and financial technology (fintech) firms can thrive