The quill was perfect.
Until someone invented the pen.
Investing and borrowing
rewritten for everyone.
FCA authorised and regulated
Over 84,000 investors
Operating since 2010
Over £3.6 billion invested to date
The UK's most popular peer-to-peer platform
Peer-to-peer means better value for everyone
We believe it’s your money so it makes sense that you get the best value from it. By connecting people who have money to invest with those who want to borrow it, everyone gets a better deal. It’s as simple as that.
Smart
investors
You can earn more by investing in loans to creditworthy households and businesses.
Households
and businesses
Get a flexible loan at competitive rates, with a simple application that does not affect your credit score.
Invest
Earn interest every day
+
Invest tax-free in our Innovative Finance ISA
+
Withdraw your money easily
Borrow
Get a loan at competitive rates
+
With flexible repayment terms
+
Fast response with no impact on your credit score
The UK's most popular peer-to-peer platform
Ever wondered how your bank makes money? By lending your money. We believe that your money should work for you instead of someone else.
In 2010, we founded RateSetter on that principle. We created a peer-to-peer platform to connect those who have money to invest with those who want to borrow it. We may not offer the lounge service and marble foyer of your bank, but we exist for people who want rewarding investments. Or a competitive loan.
We are committed to being the UK’s safest and most liquid peer-to-peer platform (perhaps that’s why we’re also the most popular).
RateSetter news
Recommended reading: independent review of investing with RateSetter
RateSetter regularly gets positive reviews and is often covered in the national and financial media, but a recent review by 4 th Way caught my eye. This independent review, by the world's first research agency for P2P lending, is particularly wel...
A milestone for peer-to-peer investing.
The end of the year may be approaching, but today marks the start of a new era for peer-to-peer investing. RateSetter launched a decade ago, giving people the opportunity to earn more on their money. Since then, RateSetter has built an unrivalled...
RateSetter Christmas opening hours
Our Customer Services team will be available throughout the Christmas period. Our opening times will be as follows: We wish all our customers a very happy Christmas!
Welcome to Access, Plus and Max!
I am delighted to say that our three new investment products – Access, Plus and Max – launched today and are ready for you to enjoy. Here’s a quick reminder of what our new products bring: Liquidity: We know that access to your money is important...
LendIt Fintech Europe 2019: “There’s plenty of opportunity”
Last week the European fintech sector gathered in north London for LendIt Europe 2019. A highlight of the event was a discussion of what next year is likely to hold for the peer-to-peer sector, in which our CEO, Rhydian Lewis, shared his thoughts...
Introducing our new investment products
RateSetter’s aim is to deliver the most consistent returns and the most liquid investment in peer-to-peer investing. We have a track record approaching 10 years of doing exactly that and believe the new products lay the foundation for the next 10...
Making interest more interesting
It has been claimed that Albert Einstein once said that compound interest is the eighth wonder of the world. Putting aside the question of whether Einstein really did say this, compound interest is certainly a phenomenon that anybody looking to gr...
RateSetter ISA passes £250m in subscriptions
In under 18 months since its launch in February 2018 the RateSetter ISA has attracted more than £250m in subscriptions, including £50m of inflows over the last three months alone. We would like to thank all our investors for choosing to invest wit...
Summer 2019 investor news
I am the Chief Investments Officer here at RateSetter. I would like to introduce the first in a series of periodical updates on developments that are relevant to your investments with RateSetter, covering news from the peer-to-peer sector, trends ...
RateSetter celebrates Queen's Award win at Buckingham Palace
On Tuesday 11 June, we celebrated winning the prestigious Queen’s Award for Enterprise at a royal reception held at Buckingham Palace. Our CEO, Rhydian Lewis, and our Head of Wealth Management, Alexa McAlister, explain why receiving the Queen’s...
Interview with Michael Hoare, Chief Credit Officer
Michael Hoare oversees RateSetter’s credit function. We talked to Michael about how RateSetter manages lending risk and the Provision Fund. What does a Chief Credit Officer do? My role is to manage lending risk with the objective of ensuring that...
New methodology for calculating expected Provision Fund outflows
Every quarter, we analyse the most recent data for each loan portfolio (e.g. consumer, commercial) and re-examine our performance forecasts and projections for future Provision Fund outflows based on this data, adjusting them as necessary. Our...
