Crowdstacker named best peer-to-peer lending platform
18th November 2016
Level39 member Crowdstacker has been voted 2016’s best peer-to-peer lending platform by readers of Shares Magazine – the weekly mag for investment professionals.
Crowdstacker saw off competition from some of the biggest names in peer to peer lending, including Ratesetter and Funding Circle. One of the key factors to being crowned is being able to demonstrated having gone ‘above and beyond the call of duty’ to engage with investors.
“We are fiercely proud that we have won this award and see it as testament to the time and effort we put into making P2P a profitable and straight-forward experience for everyday investors,” explains Karteek Patel, CEO of Crowdstacker.
He went on to mention that “We’ve been nominated for, as well as won, a few awards this year. Two of which, including this one, have been voted for by the general public. It’s great to be recognised by the industry for doing a good job, but even more gratifying when investors are giving positive feedback.”
Uniquely amongst most other P2P platforms, Crowdstacker only lends to larger, financially secure and stable businesses offering returns of typically around 5-7%.
Additionally, it is one of only a handful of platforms to have been able to offer investors the option of using their annual ISA allowance to invest via an Innovative Finance ISA when this was introduced by the Government on 6th April 2016.