P2P lender Folk2Folk gains full FCA authorisation

A UK-based peer-to-peer (P2P) lending platform, Folk2Folk, has received full authorisation from Financial Conduct Authority (FCA). Folk2Folk says it is the largest P2P lending platform to be authorised by the UK regulator so far. The company was set up in 2013 and have lent over £125m to date, matching business borrowers to lenders secured on property. Read more: bankingtech.com