Acquired in UK by Metro Bank, September 2020, listed on ASX in Australia
Headquarters
London
Area served
UK, Australia
Products
Financial services
Parent
Metro Bank
Website
www.ratesetter.com
RateSetter is a British personal loan provider, founded in 2009 as one of the pioneers of peer-to-peer lending. The London-based company traded in the United Kingdom and (from 2014) through a locally-owned and run business in Australia. The UK business was acquired by Metro Bank in September 2020, leading to closure of the peer-to-peer products in April 2021.
The company’s focus was the retail investor and it is known for having introduced a number of innovations to peer-to-peer lending, such as a provision fund which mutualised risk, in order to make the product simpler and more accessible.
Its focus was on narrowing the spread between what investors could safely earn and what creditworthy borrowers could pay: in this way it was providing an alternative model to the traditional banking model of deposits and loans. Multiple billions were lent via the platform between over 750,000 investors and consumer and business borrowers, and investors always received a positive return above the rate they could achieve on savings rates.[1][2]
^"Data Hub". RateSetter. Retrieved 4 June 2018.
^Lloyd, Michael (9 October 2020). "Many happy returns! RateSetter marks its 10-year anniversary". Peer2Peer Finance News. Retrieved 15 October 2020.
announced that they are terminating their business relationship with RateSetter, the former peer-to-peer lender, now owned by Metro Bank. Giffgaff's current...
Emerging Markets Investment Trust. In July 2017, Manduca became chairman of RateSetter, an online peer to peer lending company. He was chairman of the Association...
market. Based on UK peer-to-peer lending businesses such as Zopa and Ratesetter, SocietyOne was founded in August 2011 by Andy Taylor, Matt Symons, and...
Setter Capital is a Canadian independent investment bank primarily focused on the private equity secondary market, providing fund acquisition, non-strategic...
designed use electronic setters to transfer data electronically, early ones required an electrical contact between the fuze and the setter. These have been superseded...
for the rise surprised tax advisers. However, former Bank of England ratesetter David Blanchflower warned that the budget risked sending the UK into...
make requests to the bank's ratesetters as to the appropriate Libor rate, and that the bank also made on occasions rate requests for some hedge funds...
April 2016. Retrieved 14 March 2016. Jones, Daniel (2011). Roach, Peter; Setter, Jane; Esling, John (eds.). Cambridge English Pronouncing Dictionary (18th ed...
such as the exit fees and increased rates can be a disadvantage as CCAs can raise prices for customers. Ratesetters and local officials can set CCA prices...
February 2022. "რეგიონული სტატისტიკა". Jones, Daniel (2011). Roach, Peter; Setter, Jane; Esling, John (eds.). Cambridge English Pronouncing Dictionary (18th ed...
9, 2016. Jones, Daniel (2003) [1917], Peter Roach; James Hartmann; Jane Setter (eds.), English Pronouncing Dictionary, Cambridge: Cambridge University...
Books. p. 16. ISBN 978-0-307-35207-1. Jones, Daniel (2011). Roach, Peter; Setter, Jane; Esling, John (eds.). Cambridge English Pronouncing Dictionary (18th ed...
Crossbreeds had the highest success rate. However, German Shepherds and Golden Retrievers had a higher success rate after going through longer training...
right. Accompanying Betty Jo from New York City are three handsome jet-setters (one played by Bea Benaderet's son Jack Bannon). They are all stuck up...
31, 2008. Jones, Daniel (2003) [1917]. Peter Roach; James Hartmann; Jane Setter (eds.). English Pronouncing Dictionary. Cambridge: Cambridge University...
there, but Nadal got revenge at the French Open semifinals in an epic five-setter. In August 2013, Nadal defeated Djokovic in the 2013 US Open Final to complete...
March 2024. Retrieved 13 March 2024. Jones, Daniel (2011). Roach, Peter; Setter, Jane; Esling, John (eds.). Cambridge English Pronouncing Dictionary (18th ed...
artificial walls are somewhat restricted to the holds prepared by the route setter, whereas on natural walls they can use every slope or crack in the surface...
Madrid with a comprehensive victory over Greet Minnen. In a tough three-setter, Osaka lost to Samsonova 6-2, 4-6, 7-5 in the second round. She reached...
the modern Brittany is rumored to have been bred by mating with English Setters. The Brittany was first recognized as a breed in 1907 when an orange and...
May 2024. Jones, Daniel (2003) [1917], Peter Roach; James Hartmann; Jane Setter (eds.), English Pronouncing Dictionary, Cambridge University Press, ISBN 978-3-12-539683-8...
Global Information
