Fundingsecure.com/pawnbroker

: Approximately 3,500 investors were left with outstanding loans totaling roughly £80 million.

FundingSecure was a UK-based peer-to-peer (P2P) lending platform that specialized in asset-based loans, often described as a "peer-to-peer pawnbroker". fundingsecure.com/pawnbroker

: Factors included a high number of borrower defaults and costly ongoing litigation, such as a major fraud lawsuit involving millions in missing art collateral. Guidance for Investors and Borrowers : Approximately 3,500 investors were left with outstanding

: Loans were secured against high-value personal assets such as jewelry, art, classic cars, boats, and property. : Approximately 3

: Because the focus was on the asset's value rather than credit history, funds could often be released within 24 hours. Current Status: Administration

: CG Recovery Ltd was appointed to manage the wind-down of the company.