From Wikipedia, the free encyclopedia

FoundedUnited Kingdom (2014)
FounderStuart Lunn
Area served
ProductsP2P lending

LendingCrowd is an online peer-to-peer lending company, based in Edinburgh, Scotland. As the first Scottish based crowdlending firm, LendingCrowd has created a platform that enables investors to support small and medium-sized businesses by lending personal capital through small loans whilst earning a monthly interest payment.[1]


Launched in 2014, LendingCrowd is the trading name of Edinburgh Alternative Finance Ltd. and was founded by CEO Stuart Lunn.[2] Since September 2014, the LendingCrowd platform has delivered more than £45 million in loans for over 500 SMEs across Britain [3] In October 2018, LendingCrowd announced the appointment of former Standard Life CEO Sir Sandy Crombie as its chairman.[4]

Innovative Finance ISA[edit]

In February 2017 LendingCrowd became one of the first peer-to-peer business lending platforms to provide the Innovative Finance ISA.[5] Only fully FCA authorised platforms are eligible to offer this product giving investors the opportunity to invest in peer-to-peer lending without having to pay tax on the interest earned.[6][7]

Risk and Regulation[edit]

Financial Conduct Authority[edit]

LendingCrowd is authorised and regulated by the Financial Conduct Authority (FCA). In November 2016 LendingCrowd became one of the first peer-to-peer lenders to move from interim permissions to fully authorised.[8]

See also[edit]


  1. ^ "Dobbie unveils crowd-lending site for SMEs | Herald Scotland". heraldscotland.com. Retrieved 6 July 2015.
  2. ^ "LendingCrowd a Scotland first | Invest Edinburgh". investinedinburgh.com. Retrieved 6 July 2015.
  3. ^ "Marketplace Statistics | LendingCrowd". lendingcrowd.com. Retrieved 1 October 2018.
  4. ^ "Sir Sandy Crombie joins LendingCrowd as Chairman | LendingCrowd". lendingcrowd.com. October 2018. Retrieved 1 October 2018.
  5. ^ White, Lucy (9 August 2017). "Octopus is the latest firm to offer the peer-to-peer Innovative Finance Isa". City A.M. Retrieved 14 November 2017.
  6. ^ Jones, Rupert (18 February 2017). "A new Isa is offering tax-free returns of 12% – so what's the catch?". The Guardian. Retrieved 14 November 2017.
  7. ^ Murray, Amelia (13 November 2017). "Peer-to-peer lending: is it too late to profit?". The Telegraph. Retrieved 14 November 2017.
  8. ^ "Lending Crowd gains full FCA approval | Peer2Peer Finance News". P2pfinancenews.co.uk. 3 November 2016. Retrieved 14 November 2017.

External links[edit]