Sky News reports that the P2P firm is eyeing a £30m fundraise.
Sky News' Mark Kleinman - who has a record of getting these things right - writes that the company has appointed investment banks Lazard and Peel Hunt to lead a £30m fundraise.
RateSetter has declined to comment, but Kleinman reckons the round will value the firm at around £280m. This would represent a small premium on its last round - a £13m raise led by Woodford Investment Management and Artemis.
The article also asserts that the planned £30m raise is a 'prelude' to a long-expected IPO.
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.