Sagittae P2P Financial Protection C.I.C. was established to provide a "lifeboat" for investors in the UK's P2P lending sector, which is not covered by the government's Financial Services Compensation Scheme (FSCS). It operates as a not-for-profit, discretionary mutual fund, collecting small fees from member P2P platforms to build a compensation pool. In the event a member platform fails, Sagittae can use these funds to help protect the capital of that platform's investors. The service is designed to build trust and security in the P2P investment market by offering a layer of protection against platform insolvency.

Founded in

Netherlands