Future of peer-to-peer funding receives a boost

This post first appeared on East Midlands Business Link. Read the original article.

Future of peer-to-peer funding receives a boost

The peer-to-peer lending industry has been given a boost of confidence as the government began legislating to clarify that no business borrowing through a peer-to-peer platform needs to be regulated as a ‘deposit taker’ (often referred to as a ‘banking licence’) unless that is their core business. The legislation will ensure that the industry can […]