Q&A: Funding Circle says P2P securitization perfect for ECB goals

Euro debt 230x150
By Tom Porter
12 Jun 2014

Sachin Patel, Funding Circle's head of UK institutional sales, tells GlobalCapital why P2P securitization could help the European Central Bank and why his firm needs as many lawyers as tech developers.

GlobalCapital: The ECB wants a market in Europe that funds small businesses and provides loan level data for investors. Is that P2P securitization?

Sachin Patel, head of UK institutional sales, Funding Circle: One of the reasons alternative finance has been so successful is it is all about ...

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