ThinCats , a peer - to - peer ( P2P ) lending firm which has lent over £ 140 million since it was founded five years ago has been bought out . The firm recently sold a 73.4 % stake to what is claimed to be " Europe 's first peer - to - peer institutional investor " , ESF Capital . ESF invests in , and manages the loans on , selected European P2P platforms offering operational expertise to support the growth of such platforms . ThinCats and ESF have been working together for several months and claim to have a detailed plan to expand the former 's market share .
ThinCats, a peer-to-peer (P2P) lending firm which has lent over £140 million since it was founded five years ago has been bought out. The firm recently sold a 73.4% stake to what is claimed to be "Europe's first peer-to-peer institutional accelerator", ESF Capital. ESF invests in, and underwrites the loans on, selected European P2P platforms offering operational expertise to accelerate the growth of such platforms. ThinCats and ESF have been working together for several months and claim to have a detailed plan to accelerate the former's market presence.