Foreign investors bet on top UK P2P lenders amid Brexit


LONDON: Uncertainty around Brexit may be mounting as political leaders from the UK and the European Union clash on the terms of separation, but that isn’t slowing down foreign investors from betting on Britain’s top peer-to-peer (P2P) lenders.

Varengold Bank AG, a Hamburg-based private banking firm, will provide £45mil (US$61mil) in annual funding for loans to small businesses arranged by MarketInvoice Ltd, the British finance company said in an emailed statement.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , German , peer , Brexit

   

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