FF News Logo
Sunday, October 12, 2025
FF Awards Leaderboard Banner

Did You Hear How Lord Turner U-Turned on His Comments on The P2P Industry?

Two weeks ago at Lendit Europe, they had the honour to have Lord Adair Turner deliver a keynote presentation at LendIt Europe 2016. Everyone was looking forward to hear what he had to say about the industry – and boy were we surprised!


In February, Turner, the former top banking regulator in the U.K. caused quite a controversy when he said “the losses which will emerge from peer-to-peer lending over the next five to 10 years will make the bankers look like lending geniuses.”

It turns out, Turner has changed his perspective on peer-to-peer lending. He said that peer-to-peer lending platforms could actually help reduce the risk of a future financial crisis.

Want to know more about what he said?

  1. EXCLUSIVE: “Passion Project” – Brice van de Walle, Mastercard in ‘The Fintech Magazine’ Read more
  2. FreedomPay Drives Global Merchant Innovation Read more
  3. FIS Brings AI-Powered Advancements to Seamless, Personalized Digital Banking Experiences Read more
  4. Citi Ventures Invests in BVNK to Power the Next Generation of Financial Infrastructure Read more
  5. Nearly Two-Thirds of Global Retailers Say Payment Method Flexibility Drives Revenue Growth, ACI Worldwide Survey Finds Read more
Gitex Global