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.
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.
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.
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.
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 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.
In the 1970s, it was standard fare for governments to manipulate interest rates, particularly in the run-up to a general election. Lower borrowing costs keep a lid on unemployment, and stimulate economic growth.
For close followers of financial forums, one oft-trotted line among brokers is that fixing one's mortgage has seldom been to the retrospective benefit of the homeowner in the past 25 years.
One of the hallmarks of the cash ISA's success following its launch two decades ago was its simplicity, and it has undoubtedly proved a popular choice among UK savers.