p2pmoney.co.uk, 6 June 2015
There is another new entrant in the UK peer-to-peer market. Crowdstacker is today launching with its first loan. Crowdstacker is looking to differentiate itself by lending to only mid-sized established businesses, rather than small companies or start-ups. With a minimum lending amount of £700 Crowdstacker is tagetting higher net worth individuals. Lenders can earn 6.8% AER over 3 years. Crowdstacker has full permission from the FCA, but like all other peer-to-peer companies, is not covered by the Financial Services Compensation Scheme.
Read more at p2pmoney.co.uk