Global Peer Financing Association (GPFA), the peer-to-peer lending company, has welcomed Pacific Life as its newest member.
Pacific Life, a US-based insurance company, will join GPFA’s global beneficial owner community.
Members of the GPFA community share a goal to increase and support peer-to-peer securities financing trading activity.
A spokesperson for GPFA said: “Adding a prominent financial services organisation to our membership will further diversify perspectives amongst our membership. We look forward to learning from one another and continuing to advance the securities finance industry for the buy-side community.”