Apart from a few stragglers I have finished with P2P

I have invested in Peerberry however with the £ rising against the euro my gains have been minimal because the rising GBP has been rising against the euro from £1.08 to £1.17 now, I take most euro platforms have had this issue.?

How did you convert your money, I've been using Revolut but you are limited to £500 per month either way without a premium account. The forecast is for the GBP to continue to rise against the euro and Peerberry have dropped their rates but I'm struggling to match the returns on a 30day rolling loans they offer

You were wise to diversify.

I'm pleased to see that it seems like the losses you incurred were relatively small compared and not on the platforms you may have invested the largest sums like Assetz, Bondora and Twino? If it's not prying into your private matters, how have the £15k capital losses been split between each of the four platforms that closed down?

In this Great Britain we often think that investments "out there" in continental Europe are riskier but it's interesting to see that all four of your losses were UK and not a single one of your Euro denominated P2P platforms collapsed.

There hasn't been a UK P2P platform go bust for a few months and it's making me rather edgy, wondering which one will be next. As with 100% of P2P platform collapses there have been thus far, we'll discover that the flimsy 'winding-down plan' document they try to con lenders with will not be worth the paper they're not written on.

Capital losses take a lot of investing interest to claw back when one is making interest on P2P investments of, say, merely below 8% and quite often below 5% post-tax and, in real terms, much lower when one considers inflation of well over 5%. As Warren Buffet states, the first rule of investing is to not to lose money.

Havingt been French resident I have a French bank account however a Wise account gives you a Belgian account and allows you to convert to pounds for minimal cost.

Absolutely wise and correct decision JamesFrance, which I also immediately made, the FCA cannot be trusted.  At all.

What a great endorsement eh for a body who is supposed to "Protect Consumers", the FCA is a very dangerous and incompetent joke.

I invested the money I withdrew from P2P during the past 2 years in funds and etfs and those have currently gained £23475.   This required no effort on my part whereas I spent many hours on P2P for a similar return, however that took 8 years.

It seems to me that the most you could earn from UK P2P is now about 5% per annum with the possibility of a huge loss when another platform collapses.   Hardly worth the risk.