Metro Bank in 'early talks' to buy peer-to-peer lender RateSetter

“A further announcement will be made if and when appropriate.” Shares in Metro Bank rose 1.9% amid a wider market sell-off. The company’s online platform connects borrower with individuals willing to lend their money out directly, essentially sidestepping banks. The company has also reduced new lending and warned customers that trading of loans on its platform is taking longer than usual.