This platform is no longer active — no longer active since 2019.
Profile retained as a historical reference. The information on this page does not represent an active investment opportunity. Explore active platforms
ThinCats
UK business-lending platform whose retail P2P loans were run by Business Loan Network Limited, closed to new lending in December 2019 and now in liquidation.
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- N/A
- Minimum investment
- Not disclosed
- AUM / raised
- 2011
- Founded
- UK
- Geography
- No
- Secondary market
- Debt
- Investment type
ThinCats 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
- FCA authorised · Directly authorised (FRN 724062); firm in liquidation · FCA Register
- Operator
- Business Loan Network Limited · Co. no. 07248014
- Company status
- In liquidation
- N/A
- Not disclosed
- Founded
- 2011
- Geography
- UK
- No
- Operating status
- Closed · Institutional-only · 2019
- Last reviewed
- 2026-09
- Website
- thincats.com
About ThinCats
The ThinCats retail peer-to-peer platform was run by Business Loan Network Limited (Companies House 07248014, FRN 724062), incorporated in May 2010. The FCA barred the firm from new lending business from 9 December 2019, and administrators from Kroll were appointed in April 2021. The company moved into creditors' voluntary liquidation in April 2023, and servicing of loans and lenders passed to the liquidators and White Label Crowdfunding Limited on 28 August 2024. The firm said it would keep 25% of amounts due to lenders from borrower repayments to cover wind-down costs, and it states it is not covered by the FSCS. As of Sep 2026 the FCA Register still shows it as authorised, with a notice that it is in an insolvency process. Thincats Limited (09707863) is a separate, active company using the name.
ThinCats vs other Private Debt platforms
| ThinCats | Business Loan Network | Crowd2Fund | Crowd for Angels | |
|---|---|---|---|---|
| Minimum | N/A | £100 | £250 | £100 |
| FCA status | FCA authorised | FCA authorised | FCA authorised | FCA authorised |
| Structure | Debt | Debt | Debt, Equity | Debt, Equity |
| Secondary market | No | No | No | No |
| Founded | 2011 | 2010 | 2014 | 2014 |
| Geography | UK | UK | UK | UK |
- What is the minimum investment on ThinCats?
- ThinCats's minimum investment is N/A.
- Is ThinCats regulated by the FCA?
- Yes. The FCA Register lists it as: Directly authorised (FRN 724062); firm in liquidation. The company itself is in liquidation, so check the insolvency practitioner's updates before acting.
- Does ThinCats offer a secondary market?
- No, ThinCats does not currently offer a secondary market.