Oblix Capital Technologies, a subsidiary of the London-based specialist lender Oblix Group, has gained authorisation from the Financial Conduct Authority to operate a regulated P2P electronic lending platform.

Oblix has been going through a period of growth. Its CEO and founder, Rishi Passi, said that this was yet another way for the group to diversify its lending. He looked forward to offering HNW retail lenders the opportunity to share in Oblix's success in the not-too-distant future.

Anuj Nehra, Oblix’s managing director, noted that his firm had been "working closely with the regulator over the past few years," which suggests that the authorisation process has taken an inordinate amount of time. He heaped special praise on the firm's advisors for smoothing the process.