Source: Peer2Peer Finance News

RateSetter: 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 analysts predict that the platform could be bought at a "knockdown price." Earlier today (29 June), The Telegraph quoted a Metro Bank source who said that the bank was concerned it would look bad if RateSetter's loans defaulted - [...]

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

Co-Founder & CEO

Rhydian Lewis

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