Regulatory Update

All lending platforms were contacted recently by the FCA regarding wholesale lending and this has since been reported in industry news.

Lenders that are interested can read the FCA communication here.

Posted in Regulation
Spring Update

There has been a lot of activity behind the scenes at MoneyThing in recent months. Much of 2016 was spent building strong foundations for the business and we’re delighted at the progress we have made. We made significant investments in technology, operational procedures and legal and regulatory frameworks and we now have a robust structure which will help to support our future growth plans.

We’ve recently taken some time to reflect on how we can satisfy increasing lender demand for high quality loans and how to respond to current market and regulatory conditions. We have responded by expanding our Board to strengthen our expertise and we have plans to further expand our team later this year.

Lenders can expect us to continue to develop our technology to add new products and greater functionality. Most importantly we are looking forward to growing our loan book which will be our immediate focus.

Posted in MoneyThing News