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Rebuilding Society offers an innovation in its secondary market, according to P2P Finance News.
“INVESTORS selling loans on Rebuildingsociety’s secondary market can now offer a buyback guarantee if the borrower falls into arrears.
Revolut launches a product aimed at younger consumers.
P2P Finance News reports:
“MORE than 150,000 lenders were invested in 321,483 loans facilitated by Peer-to-Peer Finance Association (P2PFA) platforms at the end of the second quarter, which the trade body deemed “a record level of involvement in the sector”.
1.UK – P2P/IFISA
Professional Adviser runs an opinion piece predicting that the IFISA will suffer because of regulatory/governmental hostility and/or ignorance.