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Payments & FinTech Lawyer

Crowdfunding in the UK takes a step closer to becoming a mainstream financial service

Following the granting of full authorisation by the UK Financial Conduct Authority (‘FCA’) to two of the UK’s largest peer-to-peer lending platforms, Thomas Donegan, Anna Doyle, Kyle Koh and Jeewon Serrato of Shearman & Sterling LLP take a look at the recent development of the UK peer-to-peer lending sector, discussing the implementation of recent changes by the FCA and at how it could be argued that peer-to-peer lending is steadily becoming a mainstream financial service.

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