: On October 23, 2019, FundingSecure Ltd was placed into administration .
If you are an investor looking for information on a or need to know how to file a claim with the administrators, I can provide those details. fundingsecure.com/pawnbroker
: Loans were secured against high-value personal assets such as jewelry, art, classic cars, boats, and property. : On October 23, 2019, FundingSecure Ltd was
: Factors included a high number of borrower defaults and costly ongoing litigation, such as a major fraud lawsuit involving millions in missing art collateral. Guidance for Investors and Borrowers : Factors included a high number of borrower
FundingSecure was a UK-based peer-to-peer (P2P) lending platform that specialized in asset-based loans, often described as a "peer-to-peer pawnbroker".
: It connected individual investors with borrowers who needed short-term funding.
: Because the focus was on the asset's value rather than credit history, funds could often be released within 24 hours. Current Status: Administration