There are many peer-to-peer lending and crowdfunding platforms in the UK and Europe, but who are the people representing them?
There are three main trade groups and lobby groups representing the P2P and crowdfunding industry.
The UK has Innovate Finance, a subsidiary of the 36H group, as well as the UK Crowdfunding Association (UKCFA), while the European Crowdfunding Network (EuroCrowd) is the body representing alternative lenders on the continent.
These are the people responsible for making the voice of the industry heard and representing its interests to government and regulators.
Groupe 36H was launched in January 2020 to replace the Peer-to-Peer Finance Association.
He sits on fintech trade body Innovate Finance and members include Assetz Capital and CrowdProperty.
Carter was named head of the lending platform in April 2020.
Carter has extensive experience in the alternative finance industry and the broader financial services industry, Innovate Finance said at the time.
Following a career in investment banking where he advised financial services firms on strategy and fundraising, he was closely involved with platform lenders for several years as a board member, advisor, angel investor and lender.
He is also executive chairman of The Money Platform and previously served as a director of Rozes Invest, which backs early-stage alternative finance companies.
British Crowdfunding Association
The UK Crowdfunding Association (UKCFA) was launched in 2013.
Its members include crowdfunding platforms such as Seedrs as well as P2P lenders including Rebuildingsociety and CapitalRise.
The (UKCFA) has two founding directors, Bruce Davis and Atuksha Poonwassie.
Davis is Co-Chief Executive of Abundance Investment and was a member of the founding team that launched Zopa.
Poonwassie is managing director and co-founder of Simple Crowdfunding real estate lender.
The UKCFA also launched its own P2P lending committee this year called the 36H group.
European Crowdfunding Network
P2P and crowdfunding lenders on the continent are represented by the European Crowdfunding Network (EuroCrowd).
Giacomo Bertoldi was named the new chairman of its non-executive board earlier this week.
He is co-founder and managing director of the Italian crowdfunding platform Walliance, which allows investors to support real estate projects.
Eurocrowd’s executive director is Oliver Gadja, who launched the organization in 2013.
He is a former journalist and has worked in venture capital, microfinance, technology and social entrepreneurship roles.
Gadjas was also a co-founder of Lendery, which launched in 2014 and connects institutional investors and market lending platforms.