RateSetter’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

RateSetter is an online peer-to-peer lending platform that offers personal and property development loans for individuals and businesses. Read more

Rhydian Lewis's photo - Co-Founder & CEO of RateSetter

Co-Founder & CEO

Rhydian Lewis

CEO Approval Rating

78/100

Founded:

2010

Status:

TOP COMPETITORS OR ALTERNATIVES

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Funding Circle has been one of RateSetter's top competitors. Funding Circle was founded in 2009, and is headquartered in London, England. Funding Circle competes in the Diversified Financial Services industry. Funding Circle generates $179.2M more revenue vs. RateSetter.

Zopa is a top competitor of RateSetter. Zopa is a Private company that was founded in London, England in 2005. Zopa competes in the Mortgage Finance field. Zopa has 112 more employees vs. RateSetter.

Auxmoney is perceived as one of RateSetter's biggest rivals. Auxmoney was founded in 2006, and its headquarters is in Duesseldorf, North Rhine-Westphalia. Like RateSetter, Auxmoney also competes in the Diversified Financial Services field. Auxmoney has 100 more employees than RateSetter.

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Is ThinCats a competitor of RateSetter?

Acquisitions

No recent acquisitions found related to RateSetter

RateSetter Funding History

$1.3M$2.1M$8.6M$22.2M$51.8M$88.5M

Since RateSetter was founded in 2010, it has participated in 7 rounds of funding. In total RateSetter has raised $88.5M. RateSetter's last funding round was on May 2017 for a total of $16.7M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
May 2017
$16.7M
Unattributed
May 2017
$20M
Equity
Mar 2015
$29.6M

Woodford Investment Management

Unattributed
Jul 2014
$13.6M
-
Growth
Jun 2013
$6.5M
-

Total Funding: $88.5M

Since RateSetter was founded in 2010, it has participated in 7 rounds of funding. In total RateSetter has raised $88.5M. RateSetter's last funding round was on May 2017 for a total of $16.7M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Make Positive designs, develops, builds and deploys customer engagement software tools for business enterprises.
$258.2K
May 10, 2017
Debt
-

RateSetter News

August 19, 2020Peer2Peer Finance News

RateSetter's first chief investments officer departs

Mario Lupori has left RateSetter after five years with the peer-to-peer lender. Lupori was named as t... See more »
August 6, 2020Peer2Peer Finance News

Sales, IPOs and speculation

RateSetter's acquisition by Metro Bank represents one of the most significant deals in the peer-to-pe... See more »
July 15, 2020Australian FinTech

RateSetter taps new broker, chairman for float

In addition to RateSetter's IPO plans, ex-Resimac Group joint CEO Mary Ploughman will oversee RateSet... See more »
June 29, 2020Peer2Peer Finance News

Will Metro Bank get RateSetter at a 'knockdown price'?

Metro Bank could pay between £25m and £50m to acquire RateSetter, according to new reports, as analys... See more »
June 22, 2020Peer2Peer Finance News

RateSetter reports fewer asset finance defaults than expected

RateSetter said its asset finance division suffered fewer defaults than expected during the past few ... See more »
June 16, 2020The Paypers

Metro Bank reveals objective of acquiring RateSetter

UK-based Metro Bank has announced it is discussing the acquisition of P2P lender RateSetter.... See more »
June 16, 2020Australian Financial Review

Car buyers lower sights to used vehicles

Online lending platform RateSetter says auto loans had a sharp drop in April but have rebounded stron... See more »

RateSetter Blogs

December 1, 2017RateSetter Blog

RateSetter ISA - the countdown begins

In October, we announced that, having secured full regulatory authorisation from the FCA, we intend t... See more »
December 1, 2017RateSetter Blog

Financial Inclusion and access to returns

Three weeks ago, our co-founder Rhydian Lewis received an OBE for innovation in financial inclusion.... See more »
November 23, 2017RateSetter Blog

Should savers and investors care about the Budget?

The Chancellor, Philip Hammond, delivered his second Budget yesterday. Putting aside the politics, gl... See more »
November 20, 2017RateSetter Blog

What do you want to see from the Budget?

On Wednesday, Chancellor Philip Hammond will present his second Budget of 2017. He will set out plans... See more »
November 14, 2017RateSetter Blog

Why are SMEs in the dark about their credit scores?

Nearly half (44 per cent) of small and medium businesses - SMEs - have never checked their credit sco... See more »
November 9, 2017RateSetter Blog

Why aren't we earning more on our savings?

A week after the Bank of England decided to increase the base rate, you could be forgiven for wonderi... See more »
October 31, 2017RateSetter Blog

What would a Bank of England interest rate rise mean for RateSetter?

We are used to rising levels of speculation in the build up to the Bank of England's decisions on int... See more »

RateSetter Press Releases

RateSetter Videos

January 26, 2015RATESETTER VIMEO CHANNEL

"Borrowers - RateSetter - EXPORT 04.11.14-HD" on VIMEO

Cast: RateSetterTags:... See more »
November 13, 2014RATESETTER VIMEO CHANNEL

"Lending at RateSetter" on VIMEO

Watch this short video to learn about lending at RateSetterCast: RateSetterTags: peer to peer lending... See more »

Social Statistics

Headquarters

55 Bishopsgate 6th Floor

London, EnglandEC2N 3AS

44-20-3142-6226

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Summary

ABOUT

Overview

RateSetter is an online peer-to-peer lending platform that offers personal and property development loans for individuals and businesses. RateSetter was founded in 2010. RateSetter's headquarters is located in London, England, GB EC2N 3AS. It has rais...

CEO

RateSetter's Co-Founder & CEO, Rhydian Lewis, currently has an approval rating of 78%. RateSetter's primary competitors are Funding Circle, Zopa & Auxmoney.

Website

ratesetter.com

Frequently Asked Questions about RateSetter

  1. When was RateSetter founded?

    RateSetter was founded in 2010
  2. Who is RateSetter's CEO?

    RateSetter's CEO is Rhydian Lewis
  3. How much revenue does RateSetter generate?

    RateSetter generates $40.4M in revenue
  4. How much funding does RateSetter have?

    RateSetter has historically raised $88.5M in funding
  5. Where is RateSetter's headquarters?

    RateSetter's headquarters is in London England, GB
  1. How many employees does RateSetter have?

    RateSetter has 213 employees
  2. What sector does RateSetter operate in?

    RateSetter is in Diversified Financial Services
  3. Who are RateSetter's competitors?

    RateSetter's top competitors are Funding Circle, Zopa, Auxmoney
  4. Who has RateSetter invested in?

    RateSetter's has invested in companies such as Make Positive