For February 2020, the Peer to Peer lending sector was again quiet. It seems the Coronavirus and the following securities market fallout got all the attention and P2P just ticked along in the background
Huge changes happening with Peer to Peer platforms this month. Most of my biggest lending accounts (Assetz Capital, Lending Works, RateSetter) all reducing rates of return preceding the implementation of the new FCA lending rules coming on December 9th
Lot’s of exiting happenings with Peer to Peer platforms this month, including the Funding Secure collapse, and Funding Circle selling loans.