Invest & Fund - Blog

Peer-to-peer autobidding can be good news, but choice is a good thing too.

Last week Funding Circle announced a couple of changes to their lending platform, including a greater focus on automated bidding and selling, and the withdrawal of the option to manually choose loans. This is a similar operating model to Zopa and Ratesetter, two of the biggest peer-to-peer platforms in the country.

Autobidding can be a powerful tool for lenders who are time poor or not interested in choosing individual loans. New lenders might also find it an easier way to gain access to the world of peer-to-peer lending.

Despite the news at Funding Circle, I still believe there is a strong case for a platform to offer lenders the opportunity to choose individual loans.  It’s something our lenders expect; we do whatever is needed to ensure the lending opportunity is appropriate, but once a loan is on the platform, our lenders have the control to make their own lending decision.

Autobidding and autoselling can make life a lot easier for everyone, but having the opportunity to ask questions and find out what’s ‘under the bonnet’ can work just as well for the right kind of lender. It might make our life a bit more difficult, but we know there are no shortcuts to building a credit-led property finance platform.

Lenders’ capital is at risk. Past performance is not an indication of future returns. Remember, payments are not guaranteed if the Borrower defaults.

David Turner

David Turner is the CEO of, a UK-based P2P platform helping individuals and institutions achieve attractive risk-adjusted returns from residential development projects. Contact David directly on

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Invest & Fund operates a lending platform to finance property development projects. Lenders' capital is at risk. Past performance is not an indication of future returns.

Lenders’ capital is at risk. Remember, payments are not guaranteed if the borrower defaults. This communication is targeted at UK residents only and it does not constitute advice, within the meaning of the Financial Services and Markets Act 2000. Invest and Fund Ltd (“Invest & Fund”) operates a lending platform, bringing together borrowers and lenders, to finance property development projects. Invest & Fund makes no representation and accepts no responsibility or liability for the completeness or accuracy of this communication. If you have any questions about the suitability of a particular product to you, please contact an Independent Financial Advisor. Before making an investment decision, you should ensure that you have sufficient information to ascertain the legal, financial, tax and regulatory consequences of an investment, to enable you to make an informed investment decision. Where links are made to third party sites, we cannot accept any liability for the accuracy or completeness of the information provided. Invest & Fund is not responsible for information stated to be obtained or derived from third party sources or statistical services. Invest & Fund may monitor and store communications by e-mail, to the extent permitted by law. Invest and Fund Ltd is regulated under an Interim Permission by the Financial Conduct Authority (FCA) (interim permissions reference no. 660564). For further information, please visit Invest & Fund is not covered by the Financial Services Compensation Scheme. Invest and Fund Ltd (No. 8277803) is registered in England and Wales. The registered address is the HCP Building, Chichester Road, Ponswood, St Leonards-On-Sea, East Sussex, TN38 9BG.