# Metro Bank Buys RateSetter

**URL:** <https://community.emma-app.com/t/metro-bank-buys-ratesetter/2641>\
**Category:** Fintech Chat\
**Created:** [August 3, 2020, 1:35pm UTC](https://community.emma-app.com/t/metro-bank-buys-ratesetter/2641 "2020-08-03T13:35:28Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![rebekah](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.emma-app.com/rebekah/32/1091_2.png) [@rebekah](https://community.emma-app.com/u/rebekah)\
**Post date:** [August 3, 2020, 1:35pm UTC](https://community.emma-app.com/t/metro-bank-buys-ratesetter/2641/1 "2020-08-03T13:35:28Z")

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> **[Metro Bank is acquiring peer-to-peer lender RateSetter for up to £12M –...](https://techcrunch.com/2020/08/03/metro-bank-ratesetter/)**
>
> Incumbent banks acquiring fintechs is nothing new, and amidst the coronavirus crisis, we can likely expect to see that trend continue. The latest such move comes from publicly-listed Metro Bank which today has announced its intention to purchase...

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Do we have anyone here that uses RateSetter currently?