Assetz Capital celebrates success with cashback offer

Assetz Capital celebrates success with cashback offer
18.09.2018 10:17 am

Assetz Capital celebrates success with cashback offer

Alternative Finance

Leading peer-to-peer business lender, Assetz Capital, has launched a new promotion which rewards its investors with a 1% or 2% cashback bonus on newly lent funds.

To benefit from the cashback offer investors simply need to invest new cash and leave it on the platform until 17th December 2018 – resulting in a 1% cash back on those funds – and if they leave those funds invested until 17th June 2019 they will receive an additional 1% cash back. Payment of the bonuses will be made on 20th December and 20th June, respectively.

The promotion will close on 30th September 2018 or when £10 million of new money has been invested on the platform, whichever is the later. The cash back automatically applies to new investments across all the investment accounts and ISAs – from the Quick Access Account (4.1% p.a. target gross loan interest – access times not guaranteed) to the Manual Lending Account (up to 15.5% p.a. gross loan interest*).  As with all peer-to-peer lending, capital is at risk.

The cashback offer follows a successful year for the company, after it recently announced that its investors collectively had earned over £51 million in gross interest since launch in 2013. Assetz Capital’s rapid and sustainable growth has also earned it a spot in the 2018 Sunday Times Hiscox Tech Track 100 list, as one of the UK’s fastest-growing tech companies.

Stuart Law, CEO at Assetz Capital, said: “It’s been an incredible year for us so far and we want to continue to reward our investors for their commitment and support. This cashback offer couldn’t be simpler, and it’s another way for us to say thank you. We look forward to both long-standing and new investors taking advantage of it.”

Related News

Linedata to transform the lending experience with Loansquare’s digital platform

Linedata (Euronext Paris: LIN) announces the acquisition of French start-up Loansquare, whose portal digitalizes relationships between borrowers and lenders. By acquiring... Read more »

UK consumers cast their vote on the future of the high street

Divido, the multinational white-label platform for point of sale lending, has today unveiled the results of its UK-wide research into how consumers approach high-value... Read more »

Sageworks rolls out new Loan Automation tool

Sageworks, a financial information company that offers lending,... Read more »

Assetz Capital Rewards Investors with New Refer-a-friend Scheme

Leading peer-to-peer business lender, Assetz Capital, is launching a refer-a-friend scheme designed to reward its new and existing investors.

The scheme, which is... Read more »

Colendi Card Launches to Empower Financial Inclusivity and Seamless Transactions

Colendi, the microfinance and credit scoring protocol for the unbanked and underbanked, today announced the... Read more »

SimpleFinance Attracts $15M in Second Round with SBI Investments

SF Holdings Company Plc, parent of MCC SimpleFinance LLC (“SimpleFinance” or the “Company”), a fintech platform providing accessible lending to small and medium-sized Russian... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App