ESF , a peer-to-peer (P2P) lending firm which has lent over £140 million since it was founded several months 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. It’s a big step forward for the platform, and will allow ThinCats to cement its place as one of the UK’s big four peer to peer providers.” ThinCats and ESF have been working together for several months and claim to have a detailed plan to accelerate the former's market presence.
ESF , a peer-to-peer (P2P) lending firm which has lent over £140 million since it was founded several months 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.