InvestmentsMar 27 2014

P2P site launches scheme on back of Isa changes

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Madiston LendLoanInvest will offer points based on clients’ participation on the site. It could boost interest to lenders by 1.5 per cent and reduce borrowers’ repayments by 1 per cent.

CEO Tim Simon claimed P2P lending could pull saving “back from the brink of extinction”.