KeystartFunds

KeystartFunds is now one of the top 10 peer to peer lending companies in the world todate. Join us by clicking https://keystartfunds.com

KeyStartFunds - Invest

London-listed, Guernsey-based alternative finance provider GLI Finance has denied attempts to offload its peer-to-peer lending platforms. The lender has offered a number of its holdings to rivals for free, according to a report in The Sunday Times.

Funding Secure P2P in the UK goes into administration.
It is the third UK p2p to close this year.
How many users they had?
About 5000 (not many)
315M GBP lent
What was their business model?
You can see it in the images below.
Here is the link to the stats page before they hide it:

Loan statistics for FundingSecure ** Calculated based on completed loans and stated before tax.     Historic default rates and forecasts of interest returns are not an indicator of future performance.

UK Peer to Peer Finance Association (P2PFA) is reporting a record number of both borrowers and engaged in the peer to peer lending industry. According to the P2PFA, 150,000+ lenders invested in 321,483 loans during Q2 of 2019.

UK Peer to Peer Finance Association: Record Number of Lenders & Borrowers Engaged in P2P Lending The UK Peer to Peer Finance Association (P2PFA) is reporting a record number of both borrowers and investors engaged in the peer to peer lending industry. Accor

Peer-to-peer (P2P) lending enables individuals to obtain loans directly from other individuals, cutting out the financial institution as the middleman. Websites that facilitate peer-to-peer lending have greatly increased its adoption as an alternative method of financing.