Breaking News
Assetz Capital boosts returns across access accounts
Peer-to-peer business lender Assetz Capital has announced its first ever rate rise across its access accounts.
The rate increase, which takes effect from 1st May 2018 until further notice, will take target interest rates for the Quick Access Account and 30-Day Access Account from 3.75% to 4.10% and from 4.25% to 5.10% respectively*.
Both new and existing investors will benefit from the target interest rate boost, and it applies to both ISA-wrapped and non-ISA accounts.
Stuart Law, CEO at Assetz Capital, said: “Since we launched our access accounts we’ve kept the rates consistent – other than for promotions – but we now have the opportunity to raise those rates for the time being and reward investors with even more interest.
“The growth of our business continues apace with both borrower demand and people’s investment with us both at record highs. We currently have approaching £300 million invested through our various investment accounts, and the growth curve remains strong.
“With new ISA investments and transfers from both cash and stocks and shares ISAs continuing to pour in to all of our accounts, we expect this rate rise to further increase this rate of inflow and help us continue to put money to good use in the UK economy through businesses.”
*Rates correct at 01/05/2018
- TSAM London: Finastra Talks Operational Efficiency and Achieving Seamless Connectivity Read more
- A Decade (Plus!) of Innovation: IFGS 2026 Proves the UK is Still the Beating Heart of Global Fintech Read more
- Ethos Collaborates with Liberty Mutual to Deliver a Modern, Digital-First Life Insurance Experience Read more
- Simply Business Launches Insurance App for Small Businesses in ChatGPT in the U.S. Read more
- Germany’s Akbank AG Successfully Completes First Phase of Core Banking Migration to Mambu in Partnership With Innovance Read more
Ethos Collaborates with Liberty Mutual to Deliver a Modern, Digital-First Life Insurance Experience
Ethos and Liberty Mutual Insurance, announced they are working together to expand the reach of Liberty Mutual's direct-to-consumer life insurance offering
Simply Business Launches Insurance App for Small Businesses in ChatGPT in the U.S.
Simply Business, a digital insurance marketplace for small businesses, announced the launch of its business insurance app in ChatGPT in the U.S
Germany’s Akbank AG Successfully Completes First Phase of Core Banking Migration to Mambu in Partnership With Innovance
Akbank AG has successfully completed Phase 1 of its core banking transformation, to the leading SaaS cloud banking platform Mambu
Hippo Appoints its EVP & Chief Strategy Officer Stewart Ellis to Its Board of Directors
Hippo announced the appointment of its current EVP and Chief Strategy Officer and former Chief Financial Officer, Stewart Ellis, to the Company's Board of Directors
FCA Spearheads Global Action to Stop Illegal Finfluencers
The FCA has led international action to stop illegal finfluencers putting consumers' money at risk
VWFS UK Strengthens Commercial Vehicle Offering With New Insurance Partnership
VWFS UK has appointed Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles
tGBP Listed on Coinbase
Coinbase, the world’s most trusted crypto exchange, today announced the listing of tGBP, a fiat-backed stablecoin denominated in British Pounds. This initiative is a core component of Coinbase’s international expansion strategy to support local currency stablecoins, advancing the mission to create a more open, accessible, and efficient global financial system.
TSAM London: Finastra Talks Operational Efficiency and Achieving Seamless Connectivity
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
A Decade (Plus!) of Innovation: IFGS 2026 Proves the UK is Still the Beating Heart of Global Fintech
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Ethos Collaborates with Liberty Mutual to Deliver a Modern, Digital-First Life Insurance Experience
Ethos and Liberty Mutual Insurance, announced they are working together to expand the reach of Liberty Mutual's direct-to-consumer life insurance offering
Simply Business Launches Insurance App for Small Businesses in ChatGPT in the U.S.
Simply Business, a digital insurance marketplace for small businesses, announced the launch of its business insurance app in ChatGPT in the U.S
Germany’s Akbank AG Successfully Completes First Phase of Core Banking Migration to Mambu in Partnership With Innovance
Akbank AG has successfully completed Phase 1 of its core banking transformation, to the leading SaaS cloud banking platform Mambu
Hippo Appoints its EVP & Chief Strategy Officer Stewart Ellis to Its Board of Directors
Hippo announced the appointment of its current EVP and Chief Strategy Officer and former Chief Financial Officer, Stewart Ellis, to the Company's Board of Directors
FCA Spearheads Global Action to Stop Illegal Finfluencers
The FCA has led international action to stop illegal finfluencers putting consumers' money at risk