RateSetter
London, England, United Kingdom
How RateSetter hit $43.1M revenue and 750K customers in 2020.
RateSetter is a provider of a peer-to-peer lending platform. The company offers a way for businesses to borrow money from consumers. It allows people to lend and borrow money directly with each other by setting their own interest rates. It was founded in 2009 and is headquartered in London, United Kingdom. The company seeks to acquire businesses through mergers, acquisitions and investments which would help the firm to expand and consolidate its presence in the industry.
2010
Founded
$43.1M
2020 Revenue
-8.39%
YOY
$59.9M
Funding
RateSetter Revenue
In 2020, RateSetter revenue run rate hit $43.1M in revenue.
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2020
RateSetter hit $43.1M in revenue in 2020
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2019
RateSetter hit $47.1M in revenue in 2019
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2010
RateSetter launched in 2010 with $0 revenue
RateSetter Funding History
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2020
RateSetter raised a of in August, 2020
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2017
RateSetter raised a of in May, 2017
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2015
RateSetter raised a of in March, 2015
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2014
RateSetter raised a of in July, 2014
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
August, 02 2020 | |||
May, 30 2017 | |||
March, 30 2015 | |||
July, 14 2014 |
Team
RateSetter has 196 total employees. They have 750,000 customers
DISTRIBUTION | QTY |
---|---|
Total team size | 196 |
Founder / CEO
Rhydian Lewis
Rhydian is responsible for leading RateSetter, which was acquired by Metro Bank in 2020. Rhydian founded RateSetter in 2010 to make lending simple and accessible. It became an award-winning peer-to-peer lending platform, attracting over three quarters of a million investors and borrowers and delivering £4 billion of lending and a market-leading consumer finance offering. Metro Bank acquired RateSetter as part of its strategy to deliver profitable growth and meet the needs of more customers as the UK’s best community bank. Prior to RateSetter, Rhydian worked at the investment bank Lazard. Rhydian received an OBE for services to financial services in 2017.
Q&A
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Customers
Churn
RateSetter Executives
Name | Position | Working Email | Personal Email |
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Rhydian Lewis | CEO | [email protected] | - |
RateSetter Employees
Name | Position | Working Email | Personal Email |
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Rhydian Lewis | CEO | [email protected] | - |
Frequently Asked Questions about RateSetter
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When was RateSetter founded?
RateSetter was founded in 2010.
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How much revenue does RateSetter generate?
RateSetter generates $43.1M in revenue.
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Who is the CEO of RateSetter
The CEO of RateSetter is Rhydian Lewis.
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How much funding does RateSetter have?
RateSetter raised $59.9M.
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How many employees does RateSetter have?
RateSetter has 196 employees.
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Where is RateSetter headquarters?
RateSetter is headquartered at London, England, United Kingdom
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