Overview

FundingSecure

Information by Research TrustFinance

https://www.fundingsecure.com/

Founded in 2013, FundingSecure Limited operated as a peer-to-peer (P2P) lending platform in the United Kingdom. The company connected individual and institutional investors with borrowers seeking loans, which were secured against tangible assets, operating a model similar to online pawnbroking. The platform gained popularity by offering high-interest returns to lenders. However, it faced significant challenges with a high proportion of non-performing loans, valuation inaccuracies of secured assets, and regulatory scrutiny, which ultimately led to its collapse. The company entered administration in October 2019.

Founded in
United Kingdom

United Kingdom


Industry

    Financial

  • FundraisingPRIMARY
  • Other Service