LendingCrowd celebrates full FCA authorisation

LendingCrowd, one of the UK’s fastest-growing alternative finance lenders to the SME market, has received full authorisation from the Financial Conduct Authority (FCA) – making it the UK’s second P2P platform and first P2P lender to SMEs to move from interim to full authorisation status. Effective as of 1st November 2016, authorisation translates to LendingCrowd meeting the stipulated “rigorous statutory standards” required by the FCA and paves the way for the launch of an ISA product. Read more: finextra.com