ThinCats granted full FCA authorisation

The alternative lender claimed that the FCA’s approval highlighted its commitment to protect customers while developing the alternative finance industry.

The authorisation will allow the lender to offer a full spectrum of smart investment products, along with a number of planned developments, including the launch of a ThinCats Isa, subject to the company obtaining an Isa manager status from HMRC.

“We are delighted to have been granted FCA authorisation, proving the dedication of our team and processes,” said John Mould, CEO at ThinCats (pictured above).

“We are very happy that more and more alternative finance providers are now being authorised, as it ultimately proves that the industry deserves the trust and confidence of investors, advisers and SME borrowers alike.”