FT P2P News

‘DeFi’ movement promises high interest but high risk

Investors back projects aiming to ‘decentralise finance’ and offer direct loans and derivatives

China boosts lending to small businesses despite risk

Concerns grow that campaign is driving up bad loans rather than supporting economy

Peer-to-peer platform Landbay shuts doors to retail investors

Move follows stronger regulation of P2P groups that once enticed individual lenders

Zopa backer cuts valuation almost in half

Investor Augmentum takes writedown as sentiment towards lending platforms weakens

Fintech Zopa has valuation slashed

Your morning City briefing on companies in the news, job moves and what’s happening in the markets

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