RateSetter

RateSetter will cut the cost of borrowing and
enable those already in debt to get out of it quicker, while at the same time increasing returns for savers. For borrowers there are no penalties for early repayment of a loan.

RateSetter was launched in September 2010 and is available to customers throughout the United Kingdom. Savers can invest as little as £100 and borrowers can get loans of up to £20,000. RateSetter uses industry-leading fraud prevention and credit checking services, and has created a Provision Fund to further protect savers.

RateSetter is licensed by the Office of Fair Trading, the body responsible for consumer finance in the UK. RateSetter is a member of the Consumer Credit Trade Association and the fraud prevention agency, CIFAS.

Type
Private
HQ
London, GB
Founded
2010
Employees
187 (est)+2%
RateSetter was founded in 2010 and is headquartered in London, GB

Key People at RateSetter

Peter Behrens

Peter Behrens

COO
Rhydian Lewis

Rhydian Lewis

CEO
John Gillespie

John Gillespie

CTO
Ian Cruickshank

Ian Cruickshank

CMO
Harry Russell

Harry Russell

CFO
Lucy Bott

Lucy Bott

Head of Customer Services

RateSetter Locations

London, GB

RateSetter Metrics

RateSetter Summary

Founding Date

2010

Total Funding

$46.8 M

Latest funding size

$29.7 M

Time since last funding

over 1 year
RateSetter's latest funding round of $29.7 M was in March 2015. In total, RateSetter has raised $46.8 M.

RateSetter Online Presence

RateSetter Company Life

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