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ASSETZ CAPITAL SET FOR TRANSFORMATIONAL YEAR WITH LAUNCH OF NEW WEBSITE AND ISA

Assetz Capital, Europe’s second largest business peer-to-peer (P2P) lender, has this week launched a new website and refreshed its branding, ahead of the roll-out of its ISA that is expected to be next week.

The new website has been designed to optimise and simplify the user experience, making it easier for all types of investors to navigate the platform. The company has also unveiled a fresh brand, which comes after months of development. The ISA will launch for automated accounts next week, and will also include the Manual Loan Investment Account (MLIA) in early 2018.

This marks the end of a record year for Assetz Capital. On top of receiving full authorisation from the Financial Conduct Authority (FCA), the company’s net new lending (net of redemptions/repayments) to SMEs was £27milion in the Q3 2017 – almost 30% of the £95m that the entire UK banking system lent* in the same period. Its automated accounts now hold around £150 million of investor money with manual lending being around a further £50m, and since launch lenders have earned over £32 million gross interest on the platform.

Stuart Law, CEO and founder of Assetz Capital, commented: “This has been a transformational year and we are ending on a high with a refreshed brand and website, new headquarters in Manchester and the launch of our ISA. Our results across both borrowing and investing speak for themselves.

“This is the result of the fantastic work by our dedicated team to help take peer-to-peer lending to the next level. We are the home of smart money, and we look forward to supporting our investors and borrowers in the years to come.”