As a platform, we take great pride in all that we've achieved since opening our doors for business nearly six years ago. We’ve
We're in the Startups 100 list for 2015!
We’re really pleased to announce that, following a record number of entries this year, we are included in the 2015 edition of the Startups 100, an index of the UK’s “brightest businesses”, “hottest start-up talent” and “successful trailblazers” from a range of industries.
Now in its sixth year, the Startups 100 list recognises privately-owned UK companies launched on or after 1 January 2012 which demonstrate innovation, solid financials and growth potential.
The 100-strong collective of businesses boasts over £140million in investment between them. The rankings are based on a unique scoring system that looks at turnover, net profit, funds raised and employee numbers. In addition, the quality and success in terms of factors such as market innovation, the founders and future potential impact are taken into consideration.
The 2015 index includes companies from a diverse range of sectors and it’s great to see fintech continue to stand out with a number of new entrants. We are now really proud to join the incredibly impressive alumni that the Startup 100 index is home to, including Hailo, notonthehighstreet.com and Currency Cloud. You can read more on how we got there by clicking here.
Our presence in the Startups 100 comes in the wake of our nomination for the honour of ‘Most trusted personal loan provider’ in Moneywise’s Customer Service Awards for 2015, while Lending Works’ co-founder and Financial Director, Matthew Powell, has been nominated for the Real Business’ 2015 FDs’ Excellence Awards, recognising role models in finance.
Such esteemed acknowledgements of our progress are incredibly rewarding, but by no means will it result in us resting on our laurels. Instead, these will inspire us to seek continued and sustained progression in everything we do. We hope the honours continue to flow as we go from strength to strength, but, more importantly, we trust that such acclaim will coincide with an ever-increasing contingent of satisfied customers, who will always be our priority.
Related articles:
Our website offers information about saving, investing, tax and other financial matters, but not personal advice. If you're not sure whether peer-to-peer lending is right for you, please seek independent financial advice, and if you decide to invest with Lending Works, please read our Key Lender Information PDF first.
As with all investments, your capital is at risk.
Since opening our doors back in 2014, we’ve always prided ourselves on living and breathing two key principles at Lending Works: innovation, and putting the customer first in everything we do.
With the retail sector enduring its fair share of challenges, companies are looking at new ways to attract customers, and drive conversion. In an overcrowded, dog-eat-dog marketplace, with behemoths such as Amazon flexing their muscle, it’s easier said than done.
On 4 June 2019, the Financial Conduct Authority (FCA) released its new regulatory framework for peer-to-peer lending (P2P); a Policy Statement known as PS19/14. As you might imagine, it's a document which, following a three-month consultation, is a hefty read of no fewer than 102 pages.
When it comes to investing, there are numerous questions that need to be asked, and lots of things which need to be properly understood before committing your hard-earned money
Featured
In a difficult climate, customer acquisition and lead generation present stern challenges for UK retailers, and a great deal of marketing spend invariably gets directed towards getting feet through the door.
There is a variety of literature and research illustrating the importance of building brand loyalty, albeit with some degree of variance.
Over the last decade, there can be little dispute that the reputation of mainstream banks – and particularly the so-called ‘Big Four’ (HSBC, Barclays, Lloyds and RBS) – is at its lowest ebb.
The idea of peer-to-peer (P2P) lending is a simple one; you lend money to those who wish to borrow, with a view to receiving a great return for doing so.
The peer-to-peer (P2P) lending industry is now regulated by the Financial Conduct Authority (FCA). The regulatory framework has been designed to protect customers and promote effective competition.
Most popular
January tends to be a comedown following the Christmas festivities, and, from a personal finance perspective, a time for many Britons to lick their wounds. In particular, for those who’ve over-extended their credit card, it may feel like the walls have started to close in.
A new year, and indeed a new decade has dawned. Reflecting on 2019, what seemed to have got lost in the noise and political hysteria was the fact that the UK economy actually held up remarkably well.
As the good times rolled in the mid-2000s, only a precious few sounded the alarm as lending became increasingly reckless. Northern Rock's infamous 'Together' 125 per cent mortgage epitomised the rush for high loan-to-value (LTV) deals at a time when it was thought that house prices would just keep going up forever.
For those with an eye on the economy, 'GDP day' is always one to mark off in the calendar each month. And it's been a hot topic for the UK in 2019, with the latest update showing zero growth for the period from August to October.
One of the perceived strengths of the auto-enrolment pension scheme is its simplicity – indeed, it is actually a greater effort for an employee to opt-out of a workplace pension than it is to be enrolled into one. No further actions are required, and the retirement fund grows as the months and years pass by.
On Monday this week, a new FCA regulatory framework came into effect for peer-to-peer (P2P) lending in the UK, in line with June’s PS19/14 Policy Statement.
Recent
The Lending Works Shield does not give you a right to a payment so you may not receive a pay-out even if you suffer loss. The Lending Works Trustee has absolute discretion as to the amount that may be paid, including making no payment at all. Therefore, investors should not rely on possible pay-outs from the Lending Works Shield when considering whether or how much to invest. For more information click here.