P2P ABS 'perfectly aligned' with ECB goals

By Tom Porter
12 Jun 2014

Sachin Patel, Funding Circle's head of UK institutional sales, tells GlobalCapital why peer-to-peer 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 peer-to-peer 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 transparency, ...

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