This platform is no longer active — inactive since February 2018; now in liquidation.

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    Collateral logo
    Closed· Not FCA regulated· In liquidation · February 2018

    Collateral

    UK lending platform shut down in 2018 after the FCA found it had falsely claimed to be FCA-authorised; its former directors were later convicted.

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    N/A
    Minimum investment
    Not disclosed
    AUM / raised
    —
    Founded
    UK
    Geography
    No
    Secondary market
    Debt
    Investment type
    At a glance

    Collateral in ten seconds

    Structured fields recorded the same way for every platform in the directory, so they can be compared like for like.

    Asset classes
    Private Debt
    Investment type
    Debt
    Not FCA regulated · Peer-to-Peer (P2P)
    Operator
    Collateral (UK) Ltd
    Company status
    In liquidation
    N/A
    Not disclosed
    Founded
    —
    Geography
    UK
    No
    Operating status
    Closed · In liquidation · February 2018
    Last reviewed
    2026-06
    Overview

    About Collateral

    Collateral (UK) Ltd ran a UK lending platform. In January 2018 the FCA told it to stop all regulated activities, and it does not appear on the FCA Register. The company tried to appoint its own administrator on 28 February 2018. At the FCA's request the High Court overturned that appointment on 27 April 2018 and installed other administrators, and the company later went into liquidation. The FCA brought criminal proceedings against former directors Andrew and Peter Currie for falsely claiming FCA authorisation and misusing investor funds, and they received sentences totalling eight years.

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    Collateral vs other Private Debt platforms

    All Private Debt platforms
    CollateralCrowd2FundCrowd for AngelsCharm Impact
    MinimumN/A£250£100$50,000
    FCA statusNot FCA regulatedFCA authorisedFCA authorisedNot FCA regulated
    StructureDebtDebt, EquityDebt, EquityDebt
    Secondary marketNoNoNoNo
    Founded—201420142018
    GeographyUKUKUKAfrica & Southeast Asia
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    FAQ
    What is the minimum investment on Collateral?
    Collateral's minimum investment is N/A.
    Is Collateral regulated by the FCA?
    No, Collateral is not FCA-regulated.
    Does Collateral offer a secondary market?
    No, Collateral does not currently offer a secondary market.