The Money Platform
Peer-to-peer lending
- B2C
- Financial Services
- City of London, London, UK
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Company mission
To leverage data and collective insights to enhance lending decisions, providing equitable access to credit and empowering individuals to achieve their financial objectives.
15% employee growth in 12 months
Our take
Peer-to-peer (P2P) lending allows individuals to lend directly to borrowers, bypassing traditional banks. This model offers more accessible credit for those who might not meet conventional lending criteria and provides investors with opportunities for higher returns by diversifying their portfolios.
The Money Platform is revolutionising P2P lending in the UK by using its unique TMP Scorecard to offer fairer credit assessments. This allows borrowers with non-traditional credit histories, like young people and foreign nationals, to access quick and reliable funds. With this approach, the platform has helped over 35,000 individuals secure credit.
With over 2,700 registered investors, The Money Platform offers a transparent and simple lending process, providing ethical investment opportunities with forecasted returns of 15.2% per annum. The platform's commitment to ethical lending and transparent processes has earned it a reputation for reliability and customer satisfaction.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Wednesdays company lunches
Funding (1 round)
Jan 2020
$1.8m
SEED
Total funding: $1.8m
Leadership
George H.
(CEO)Joined The Money Platform in 2016 as an Advisor, and since then they have served as the Head of Operations and Chief of Finance and Operations before becoming CEO in 2020. They also have experience as a Corporate Finance Analyst at Peel Hunt.