RateSetter
http://dbpedia.org/resource/RateSetter an entity of type: Thing
RateSetter is a British personal loan provider, founded in 2009 as one of the pioneers of peer-to-peer lending. The London-based company traded in the United Kingdom and (from 2014) through a locally-owned and run business in Australia. The UK business was acquired by Metro Bank in September 2020, leading to closure of the peer-to-peer products in April 2021.
rdf:langString
rdf:langString
RateSetter
rdf:langString
Retail Money Market Ltd
rdf:langString
Retail Money Market Ltd
xsd:integer
33042320
xsd:integer
1073248911
rdf:langString
RateSetter
rdf:langString
UK, Australia
rdf:langString
Acquired by Metro Bank, September 2020
xsd:integer
2009
rdf:langString
Rhydian Lewis, Peter Behrens
rdf:langString
London
rdf:langString
File:RateSetter-Logo-Sept2014.png
rdf:langString
RateSetter is a British personal loan provider, founded in 2009 as one of the pioneers of peer-to-peer lending. The London-based company traded in the United Kingdom and (from 2014) through a locally-owned and run business in Australia. The UK business was acquired by Metro Bank in September 2020, leading to closure of the peer-to-peer products in April 2021. The company is known for having introduced into peer-to-peer lending the concept of a "provision fund" – an internal fund which aims to help lenders manage the risk of borrower default, and is generated by borrowers' payment of a "credit rate" fee based on their credit profile. Launched in October 2010, by September 2020 the company had matched more than £4bn in loans and had over 750,000 investors and borrowers. RateSetter claimed that none of its individual investors ever lost money.
xsd:string
RateSetter
xsd:nonNegativeInteger
15006
rdf:langString
Acquired byMetro Bank, September 2020
xsd:gYear
2009