We are delighted to announce that Alan Hughes has been appointed as RateSetter's first Non-Executive Chairman.
An experienced and respected figure in the business world, Alan held key senior positions at HSBC, and notably First Direct. During his tenure as CEO,
First Direct became the UK's most recommended bank. He trebled the size of the company whilst ensuring that it had the best regulatory record of all the
In 2013, he fronted a bid to purchase 312 branches of RBS, again pursuing his desire to see greater competition, integrity and innovation in finance.
In response to a recent piece in Citywire, and the continued misconception regarding the relationship between peer-to-peer lending and the Financial Services Compensation Scheme (FSCS), we highlight why RateSetter is proud not to be covered by the FSCS.
A guarantee, but at what cost?
We are pleased to let our customers know that the British Business Bank is to start lending through RateSetter, effective from next Monday, 21st
July. The British Business Bank is a new Government-owned financial institution set up with the goal of making financial markets work better for small
Given the pace of growth in P2P lending, we have decided to maintain a regular blog post that will help you to keep up to date with the latest key
stories in the press.
James Tall, RateSetter’s PR manager, updates you on the big stories in P2P over the last few weeks.
Technology’s impact on finance in 2014
RateSetter is the trading name of Retail Money Market Limited (Company Number 7075792).
RateSetter is authorised and regulated by the Financial Conduct Authority (FCA) with the reference number 633741.
RateSetter is not covered by the Financial Services Compensation Scheme.
RateSetter is a member of CIFAS and is registered with the Information Commissioner's Office under the registration number Z2083390.
Its registered office is at 406 Great Guildford Business Square, 30 Great Guildford Street, London SE1 0HS.
*Representative APR based on £10,000 over 60 months. Lender rates assume full reinvestment
of repayments at the current last matched rates throughout the term and assumes any bad debt can be covered by the RateSetter Provision Fund.
Data from the RateSetter website (including market data) is protected by © and database rights. It may not be used for
any purpose without a licence. © Retail Money Market Limited. All rights reserved.