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UK financial regulator said ailing company needed to preserve funds to repay customers
Lenders flag a further £6.2bn of problem loans made to struggling businesses
UK lender’s first-half profits beat expectations but tougher economic outlook weighs on income forecast
Scope for further damage means a cautious approach is warranted
Group follows former rivals in leaving troubled sector as it unveils first annual profit
SoftBank’s Vision Fund 2 leads investment into P2P lender turned UK digital bank
Government-backed loan schemes boost UK peer-to-peer lender looking to stage a ‘big comeback’
Rebranding as a ‘digital marketplace bank’ seems to be a counter-intuitively shrewd move
China’s second-biggest online lender faces struggles at home and abroad
Decision by Chinese authorities over IPO underlines regulatory pressures on sector as it expands
Sudden onset of pandemic forced company to write down value of loans it had hoped to sell on
The concept remains resilient. Whether a pure start-up can flourish is another matter
Purchase comes as UK challenger bank seeks to expand into more profitable areas of consumer lending
The 15-year-old company is looking to access more stable ways to fund its loans
Groups turn to big financial institutions amid falling demand and nervous investors
A deal would set boss Dan Frumkin on the right foot with shareholders
Acquisition would accelerate push to expand unsecured consumer lending book
Peer-to-peer lender’s move is latest sign of strain in the sector as loan defaults expected to rise
Online platforms win approval to join government rescue schemes, but doubts remain
RateSetter and Assetz Capital want access to stimulus schemes available to traditional banks
As the Innovative Finance Isa market matures, rates of return are reducing
Investors back projects aiming to ‘decentralise finance’ and offer direct loans and derivatives
Concerns grow that campaign is driving up bad loans rather than supporting economy
Move follows stronger regulation of P2P groups that once enticed individual lenders
Investor Augmentum takes writedown as sentiment towards lending platforms weakens
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