The P2P Finance Association has added P2P property lender Landbay to its membership, bringing the total number of participating companies to nine.
Members are required to operate by a strict set of rules relating to conduct and consumer protection, that Landbay has claimed go beyond those of the Financial Conduct Authority (FCA).
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John Goodall, cofounder and chief executive officer of Landbay, said: "We are very pleased to become a member of the P2PFA, joining the same table as the pioneering businesses that started this exciting sector many years ago now, and that gave me and my colleagues the inspiration to set up our own unique peer-to-peer lending business".
Other members of the association include Funding Circle, Zopa and RateSetter.
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