Assetz Capital Gets FCA Approval

Assetz Capital is a large P2P lender in the UK and now has authorization from the FCA; the company has lent more than GBP316 million ($410 million) to businesses and is now working on the final stages of its Innovative Finance ISA which it expects will be available in Q4 2017; Stuart Law, CEO of Assetz Capital, stated: “Our cautious approach of employing a world-class credit underwriting team and taking realisable security on loans is essential for our investors’ peace of mind. Our focus remains to ensure the growth and security of our lenders’ investments, as well as the success of our borrowers’ businesses. Our team has done fantastically well to deliver such success to all of our stakeholders over the last few years and yet there is also so much more to achieve ahead of this milestone and we are all excited about the continuing journey.” Source