" class="no-js "lang="en-US"> ArchOver launches Investment Plan - Fintech Finance
Monday, March 04, 2024

ArchOver launches Investment Plan

ArchOver, the peer-to-peer (P2P) business lending platform, is expanding its offering with the launch of an automated portfolio investment option on loans for SMEs.

The ArchOver Investment Plan has an annual target rate of up to 6.4%. It will accept pledges from £250, improving accessibility for retail investors.

“Peer-to-peer was established to democratise finance,” commented Angus Dent, CEO. “We knew there was demand from potential investors who could benefit from our model, but didn’t necessarily want to lend borrower-project-by-borrower-project, including investment houses that require a more diversified portfolio with cross-sector exposure. Institutions using the service will now be able to let ArchOver administer their portfolio for the first time.”

“We also wanted to provide a portfolio lending strategy for private investors. With the entry point at £250, our platform will now be accessible to an even wider group of people.”

Each Investment Plan will be spread over a minimum of ten secured investment projects on the platform, with no more than 10% of the portfolio being exposed to any one Borrower. The loans will benefit from ArchOver’s full range of security measures, including controlled accounts, credit insurance (where applicable), dispute resolution and an all-assets charge with Companies House.

As a result of the spread investment, investors’ exposure to risk is low, but they still benefit from ArchOver’s high rate of return and top-quality Borrowers, making the service a strong choice for individuals and institutions alike.

The new service comes amid a period of sustained growth for ArchOver, which recently launched its IFISA and achieved over £80 million in total funding facilitated, as well as expanding its leadership team to support further business growth.

  1. Acquired.com is chosen by Unitas Wholesale as the supplier of choice for Open Banking payments Read more
  2. Wolters Kluwer launches CCH iFirm® tax and accounting cloud platform in the U.K. Read more
  3. TrueNorth and Brim Partner to Deliver Next Generation Credit Card-as-a-Service Platform to Banks, Fintechs and Major Brands in North America Read more
  4. TerraPay Welcomes Louise Brett as an Independent Director Read more
  5. Tech trio team up to develop next-generation solution to support ‘advice gap’ customers Read more