Defaqto, the independent and trusted industry standard for assessing the quality of financial products, has recently developed stringent evaluation criteria for the growing UK peer-to-peer lending industry. ThinCats’ platform is currently just one of four to achieve a Defaqto 5 Star Rating.

ThinCats is pleased to announce its patronage of NACFB.  The National Association of Commercial Finance Brokers is a trade body for business finance mediators, founded in 1992 in response to the growing incidence of fraud in the commercial finance arena.  It primarily exists to ‘maintain, promote and, when appropriate, enforce a Code of Practice, for the advancement of the members to increase their knowledge and professionalism on behalf of the Commercial Finance Industry.’  Beyond this, the body works to encourage good practice, education, training and transparency – all key factors in ThinCats’ own business strategy.

ThinCats will be offering an Innovative Finance ISA once we are granted full FCA authorisation. We will be ready to launch as soon as this happens but in the mean-time we thought we would update you on timescales and the progress we have been making.