Folk2Folk reports record £5.9m turnover as investors earn £17.3m
Investors on UK peer-to-peer lending platform Folk2Folk earned £17.32m in interest during the 2024/25 tax year, the company has announced.
It said this figure highlights the growing appeal of its fixed-rate investments, which are currently from 8.5 per cent and offer monthly income with capital secured against UK property.
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It comes as the firm reported a record turnover of £5.92m in its full-year 2024 results, with pre-tax profits of £1.84m, up from £1.28m the previous year. This marks the firm’s sixth consecutive year of profitability.
Folk2Folk has now lent more than £750m to British businesses, with total lending exceeding £772m.
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“In a year when inflation challenged cash returns and the stock market remained choppy, our investors earned over £17m in fixed monthly income, and they knew exactly where their money was going,” said Roy Warren, managing director of Folk2Folk.
“But crucially, their investment isn’t just working for them, it’s enabling small businesses across regional UK to start, grow, and diversify. It’s finance doing what it should by delivering value to both sides of the exchange.”
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