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Post by elephantrosie on Jun 20, 2017 0:02:10 GMT
before I put my money into the pot of investment, may i ask how is HC related to rebs?
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elliotn
Member of DD Central
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Post by elliotn on Jun 20, 2017 0:59:28 GMT
Elephant, have a look at the Huddle Capital thread under ablrate forum for discussion of use of abl tech and huddling under Rebs fca authorisation.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jun 20, 2017 1:08:26 GMT
before I put my money into the pot of investment, may i ask how is HC related to rebs? Huddle Capital is an authorised representative of Rebs. That means Huddle operate under Rebs FCA permisions/authorisation and Rebs are responsible for ensuring the Huddle comply with the applicable regulations pertaining to a P2P lender. Huddle parent ACF has its own FCA permissions for lending but not P2P lending so rather than wait to get authorised they are piggybacking of Rebs permissions (at a cost) Quite a few platforms do this - see the FCA thread for examples
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Post by elephantrosie on Jun 20, 2017 22:31:50 GMT
Do HC's directors manage Rebs as well?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jun 20, 2017 23:01:01 GMT
Do HC's directors manage Rebs as well? No, separate companies not linked at all apart from the regulatory oversight, same as Huddle not linked to Ablrate other than buying the platform software ACF and Huddle have common directors and ownership
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Post by elephantrosie on Jun 20, 2017 23:12:12 GMT
what is ACF?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jun 20, 2017 23:40:04 GMT
Finance company, broker, introducer and lender. Company behind Huddle, see about us section on site
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Neil_P2PBlog
P2P Blogger
Use @p2pblog to tag me :-)
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Post by Neil_P2PBlog on Jul 4, 2017 16:38:00 GMT
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