North West based peer-to-peer lending platform announces the largest equity crowd-funding offering in the region via

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The offering of 15% equity for £300,000 values the recently launched platform at a pre-money £2M. Investors can be part of this share offering from as little as £20.00.

Lee Birkett, eMoneyUnion founder, comments;

“We are absolutely delighted to announce our ordinary share offering to the crowd. As one of only three peer-to-peer consumer loan platforms, the others being VC backed Zopa and Ratesetter, eMoneyUnion are the first and only peer-to-peer platform in the UK originating one to five-year, £1,000 to £10,000 loans to non-standard personal borrowers.

The non-standard personal loan market is worth £7BN per year. is the only peer-to-peer platform to provide lower interest rate borrowing opportunities to millions stuck in payday loans and other high-cost credit. Borrowers must however secure the backing of a family member or friend to act as their personal guarantor.

Since our platform commenced BETA testing in August, we have been overwhelmed with the support received from the peer-to-peer lender crowd. In fact it’s caused us a bit of a problem, with the platform having more money deposited than planned for. We have also received approaches from institutions who have notified is of their intent to lend on the platform in 2014.

Borrowers pay 3.4% per month compared to the average high cost credit of 20+% per month.

Lenders receive up to a 12% per annum fixed yield backed by a credit worthy personal guarantor and eProvision fund.

We have also received a number of approaches from media groups who wish to offer our platform to their readers and viewers on a profit share basis. The first of which will be rolled out across the UK next week.

Better saving rates and lower borrowing rates are a win-win for all. We look forward to welcoming our new shareholders in the phenomenon of peer-to-peer lending which has started a digital financial revolution with no high street banks involved.

Prospective Investors can register their interest by visiting ”

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Lee Birkett
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since: 04/2013
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