: Approximately 3,500 investors were left with outstanding loans totaling roughly £80 million.
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: The administrators are responsible for recovering funds from outstanding loans and distributing them to creditors according to the Financial Conduct Authority (FCA) guidelines. fundingsecure.com/pawnbroker
: CG Recovery Ltd was appointed to manage the wind-down of the company.
: Loans were secured against high-value personal assets such as jewelry, art, classic cars, boats, and property. : Approximately 3,500 investors were left with outstanding
: On October 23, 2019, FundingSecure Ltd was placed into administration .
: Former customers or investors seeking updates should refer to the official administrators' portal or contact their support team at customerservices@fundingsecure.com. Learn more : The administrators are responsible for
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".