P2P Blog's review of the Growth Street Marketplace

It has been a memorable month for us at Growth Street headquarters. We are now accepting both businesses and individuals who want to invest on our platform since the FCA (Financial Conduct Authority) approved us for Appointed Representative status. Just when things couldn’t have gone any better,  P2P Blog, which analyses and compares lending platforms has kindly reviewed us on their site.

P2P Blog said: “With a reasonable reinvestment speed, I’m expecting my basic return to work out around 6.3% AER* over the year. The £100 cashback for new customers is incredibly generous and brings that up to a 16.3% return on the first £1,000 investment. Growth Street does not appear to be a bootstrapping startup, but seems very well funded and actively recruiting to grow.”

You can read the full post here.

P2P Blog is not the only outlet to notice our growth, Ryan Weekes from Altfi recently wrote a piece on our P2P investment opportunity for individuals, as did many other media outlets, which you can also find here

* AER stands for “annual equivalent rate”. The AER assumes that you keep your money invested for a year, and reinvest interest.

Your capital is at risk if you lend to businesses. Lending through Growth Street Exchange Ltd is not covered by the Financial Services Compensation Scheme.  Please read full risk warning here.

Growth Street Exchange Limited is an Appointed Representative of Resolution Compliance Limited, which is authorised and regulated by the Financial Conduct Authority (no. 574048).

Written on in Investing