The Money Platform
The Money Platform is a UK FCA-regulated peer-to-peer lending marketplace that connects individual lenders with credit-excluded borrowers for short-to-medium-term personal loans, using its proprietary TMP Score credit scorecard and Open Banking data to assess affordability and price risk.
- Company typePrivate
- Founded2016
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2C
- OfferingDigital Commerce or Content
What The Money Platform does
The Money Platform (trading as Gracombex Ltd) is a UK-authorised peer-to-peer lending marketplace that connects individual lenders with borrowers seeking short-to-medium-term personal loans. Founded in 2016 and headquartered in London, the platform is FCA-regulated (Ref. 716455) and operates exclusively within the UK domestic market, with all facilitated loans classified under a single high-risk category. The company has issued over 125,000 loans to a combined user base of 35,000+ borrowers and lenders, serving a defined niche of credit-excluded borrowers — typically those with thin credit files, young applicants, or foreign nationals turned away by mainstream banks — alongside UK-based alternative-investment lenders seeking higher yields.
The platform's core technical differentiator is the proprietary TMP Score, a credit scorecard that ingests structured data including credit bureau files, Open Banking transaction data via partner Perfect Data Solutions, and identity and fraud checks from Equifax, Experian, and TransUnion. Automated credit, affordability, and fraud checks are executed without manual underwriting, and the scorecard is described as continuously refined through AI/ML investment. Supporting infrastructure includes segregated client money accounts at Barclays, payment processing via eCommpay, and a self-service lender dashboard with portfolio analytics and Excel export functionality. In recent years the platform has expanded into a Mid Prime loan product offering longer-duration (12-18 month) loans to a somewhat broader credit segment.
The business model is transaction-based: The Money Platform retains a Loan Administration Fee equal to 50% of the total interest payable under each Loan Contract, plus 50% of any late fees and additional interest on overdue payments. No fees are charged to lenders; borrowers pay interest rates determined by their TMP Score risk band. Forecast gross returns to lenders for 2025-26 stand at 16.9% p.a., with actual returns exceeding 20% for five consecutive years (29.9% actual for 2024-25 as of May 2025). Go-to-market is primarily digital — organic search, paid search, social media, content marketing, and affiliate price-comparison websites — supplemented by credit intermediary partnerships. The company is privately held with no disclosed institutional funding beyond a ~$1.86M round in 2020 and operates with a team of 1-10 employees.
The Money Platform firmographics
Firmographics- Name
- The Money Platform
- Legal name
- Gracombex Ltd
- Website
- https://themoneyplatform.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Money Platform is a UK FCA-regulated peer-to-peer lending marketplace that connects individual lenders with credit-excluded borrowers for short-to-medium-term personal loans, using its proprietary TMP Score credit scorecard and Open Banking data to assess affordability and price risk.
- Ownership category
- akta.pro rank
The Money Platform industry classification
Industry- Product category
- Peer-to-Peer Lending
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310), Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Personal Credit Institutions (6141), Loan Brokers (6163)
- akta.pro primary industry
- Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC)
- akta.pro secondary industry
- Marketplace & Loan Aggregation Platforms (Borrower-Lender Matching) (FSAGAHAL)
Keywords
Where The Money Platform is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
The Money Platform business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Loan Administration Fee (Platform Commission): The Money Platform charges a Loan Administration Fee equivalent to 50% of the total interest payable under each Loan Contract. This fee is deducted from borrower repayments and covers loan setup and ongoing administration. Additionally, 50% of any late fees on overdue payments and 50% of additional interest on overdue payments are allocated to The Money Platform. The platform charges no fees to lenders.
- Interest Rate Spread: The platform sets interest rates for borrowers based on risk assessment via the TMP Score. The differential between the interest rate charged to borrowers and the return paid to lenders, net of the 50% interest allocation to the platform, constitutes a revenue stream. The platform also earns from additional interest on overdue payments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Loan Administration Fee: 50% of total interest per loan |
| Transaction based/ take rate | Pay-as-you-go | Forecast Gross Return: 16.9% p.a. (2025-26) |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
The Money Platform product offering
Product offeringCore offering
The Money Platform operates an FCA-regulated peer-to-peer lending marketplace that connects individual UK lenders with credit-excluded borrowers seeking short-to-medium-term personal loans. Loans are assessed using the proprietary TMP Score scorecard and Open Banking-powered affordability checks, with the platform monetising each loan via a 50% Loan Administration Fee on total interest payable. The platform offers lenders a self-service dashboard, automated reinvestment, and an Innovative Finance ISA (IFISA) wrapper, and facilitates loan origination, repayment collection, and ongoing administration end-to-end.
Product overview
The Money Platform operates as a single peer-to-peer lending platform that connects individual lenders seeking alternative investments with creditworthy borrowers in the UK. The core offering comprises the P2P Lending Platform for both lending and borrowing activities, supported by the proprietary TMP Score credit assessment tool that enables lending to borrowers often excluded from mainstream finance. The platform offers a Lender Statistics Dashboard for investors to monitor performance and has expanded into a Mid Prime longer-duration loan product. All loans facilitated by The Money Platform are classified under a single high-risk category.
Differentiator
Problem solved
Functional benefit
Products and services
- Peer-to-Peer Lending Platform An FCA-regulated, cloud-based peer-to-peer lending marketplace that connects individual UK lenders with borrowers seeking short-to-medium-term personal loans. The platform handles loan origination, suitability assessments, KYC, credit and affordability checks, payment processing via eCommpay, repayment collection, ongoing administration, and distribution of returns to lenders.
- Mid Prime Loan Product An expanded loan product on The Money Platform targeting the Mid Prime credit segment, offering longer-duration loans (up to approximately 12-18 months) than the core short-term personal loan products, with iterative improvements to credit decisioning.
- Innovative Finance ISA (IFISA) Lending IFISA-eligible lending through the platform, allowing UK investors to hold P2P loan investments within an Innovative Finance ISA wrapper for tax-advantaged returns. IFISA does not reduce investment risk or protect against losses.
Quantifiable outcome
- 125,000+ loans issued since 2016
- +7 more outcomes
Companies that use The Money Platform
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles2 records
The Money Platform technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
The Money Platform partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- eCommpaycoreeCommpay is the primary payment processor used by The Money Platform to facilitate secure and efficient transactions between lenders and borrowers. The platform processes lender transfers, borrower repayments, and uses Continuous Payment Authority (CPA) to collect repayments from borrowers' debit cards. The Money Platform reserves the right to use other Payment Processors at its discretion.
- Perfect Data Solutions Limited (PDS)corePDS is The Money Platform's registered Open Banking partner, providing secure access to borrowers' bank account transaction information for affordability verification. PDS is registered under the Open Banking Directory as an account information service provider (AISP) and is also regulated by the FCA as a payment services firm under number 802599. PDS also acts as a credit reference agency, sharing and keeping records of shared personal data and transaction information.
- EquifaxcoreEquifax is one of the three major UK credit reference agencies with which The Money Platform collaborates to assess borrower creditworthiness, verify identities, and make credit decisions. The company maintains a common standard for processing consumer data with Equifax and other CRAs, known as the Credit Reference Agency Information Notice (CRAIN).
- ExperiancoreExperian is one of the three major UK credit reference agencies with which The Money Platform collaborates to assess borrower creditworthiness, verify identities, and make credit decisions. The company maintains a common standard for processing consumer data with Experian and other CRAs, known as the Credit Reference Agency Information Notice (CRAIN).
- TransUnioncoreTransUnion is one of the three major UK credit reference agencies with which The Money Platform collaborates to assess borrower creditworthiness, verify identities, and make credit decisions. The company maintains a common standard for processing consumer data with TransUnion and other CRAs, known as the Credit Reference Agency Information Notice (CRAIN).
Scale indicators6 records
Recent moves6 records
Expansion highlights4 records
The Money Platform competitors and assessment
Company assessmentEmerging players
- ClearScore: ClearScore is a UK credit-scoring and marketplace platform that provides free credit scores and connects consumers with credit products. While not a P2P lender, it is comparable in using alternative credit data and Open Banking to serve credit-excluded borrowers, and competes for the same end-user.
- Creditspring: Creditspring is a UK subscription-based short-term credit service targeting borrowers with limited or damaged credit histories. It overlaps with TMP's credit-excluded borrower segment and uses alternative data-driven underwriting, though it offers a different product structure.
Direct peers
- Funding Circle: Funding Circle is a leading UK P2P/business lending marketplace. While it focuses on SME rather than consumer lending, it shares the same marketplace model, FCA regulation, IFISA offering, and target UK retail investor base as The Money Platform.
- Proplend: Proplend is a UK P2P platform providing property-backed loans to professional and retail investors. It shares TMP's marketplace structure, FCA regulation, IFISA offering, and the same pool of UK investors seeking yield and diversification.
- LendingCrowd: LendingCrowd is a Scotland-based FCA-regulated P2P lending platform serving UK borrowers and investors. It is a direct competitor in the UK P2P lending space with similar investor/borrower matching, IFISA eligibility, and risk-rating frameworks.
- RateSetter (now part of Tab): RateSetter was one of the UK's largest P2P consumer lending platforms, offering personal loans funded by retail investors. It is a directly comparable P2P consumer lending peer, though it has restructured its model after acquisition.
- Assetz Capital: Assetz Capital is a UK-based direct lending platform offering P2P loans secured against property and business assets. It competes with TMP in the broader UK P2P lending space and shares FCA regulation, IFISA support, and a retail investor focus.
- ThinCats: ThinCats is a UK P2P platform focused on secured business lending. It shares TMP's marketplace structure, FCA-authorised status, and target base of UK retail investors seeking alternative fixed-income returns via IFISA.
- CapitalRise: CapitalRise is a UK FCA-regulated real estate P2P lending platform. While focused on property rather than consumer credit, it operates the same marketplace model, serves IFISA-eligible UK retail investors, and competes for the same alternative investment pound.
- Zopa: Zopa is a UK peer-to-peer consumer lending platform that connects retail investors with personal loan borrowers. It is one of the most direct comparables to The Money Platform in terms of product (UK personal loans via P2P), FCA regulation, IFISA availability, and use of credit data for risk assessment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
The Money Platform social profiles
Digital presenceThe Money Platform compliance and trust
Trust signalCompliance3 records
The Money Platform financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Money Platform leadership team
Management profileNumber of profiles
Profiles4 records
The Money Platform funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Money Platform M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Money Platform
What does The Money Platform do?
The Money Platform operates an FCA-regulated peer-to-peer lending marketplace that connects individual UK lenders with credit-excluded borrowers seeking short-to-medium-term personal loans. Loans are assessed using the proprietary TMP Score scorecard and Open Banking-powered affordability checks, with the platform monetising each loan via a 50% Loan Administration Fee on total interest payable. The platform offers lenders a self-service dashboard, automated reinvestment, and an Innovative Finance ISA (IFISA) wrapper, and facilitates loan origination, repayment collection, and ongoing administration end-to-end.
Is The Money Platform a public or private company?
The Money Platform is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was The Money Platform founded?
The Money Platform was founded in 2016. It employs 1 to 10 people.
Where is The Money Platform based?
The Money Platform is headquartered in London, United Kingdom, in the Europe region.
How does The Money Platform make money?
Two revenue lines are on record. Loan Administration Fee (Platform Commission) is the primary driver. The others are interest Rate Spread.
Who are The Money Platform's main competitors?
Emerging players on record are ClearScore and Creditspring. Direct peers are Funding Circle, Proplend, LendingCrowd, RateSetter (now part of Tab), Assetz Capital, ThinCats, CapitalRise and Zopa.
Does The Money Platform have an API?
No public API is recorded for The Money Platform.
What industry is The Money Platform in?
The Money Platform's product category is Peer-to-Peer Lending. Its primary akta.pro industry code is FSAGAHAC, Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking), with a secondary code of FSAGAHAL, Marketplace & Loan Aggregation Platforms (Borrower-Lender Matching). Its NAICS code is 522310 and its SIC code is 6141.