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UK P2P Lenders Urgently Seek Access to Government Stimulus

UK P2P Lenders Urgently Seek Access to Government Stimulus

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EuropeFintechNews Roundup
··1 min read

UK based p2p lenders RateSetter and Assetz Capital are pushing the government for access to government financing to help them keep lending; “There are established schemes run by the BoE that pump liquidity into the system in the event of these situations,” said Rhydian Lewis, CEO of RateSetter, to the FT. “Now that P2P lending is fully regulated, this is a conversation we need to have.”; while there is no precedent for including p2p platforms in these actions, the platforms are now fully regulated and believe they qualify; “We’re looking for that to be expanded dramatically,” said Stuart Law, CEO of Assetz, to the FT. “The government needs to step up and support not just the banks but the lenders.” Financial Times

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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