One of the benefits of investing through the Orca Platform is that you are diversified across multiple underlying P2P platforms, which limits your exposure to a single platform in case of a platform failure.
Your investments on P2P platforms are ultimately loan agreements between you and an underlying borrower. If a platform fails, nothing changes there, and the loan obligation will remain in tact. The FCA require P2P platforms to have wind-down plans in case of a failure scenario and these would be triggered if a platform were to fail.
Orca regularly conducts due diligence on underlying P2P platforms and if we have cause for concern we will contact you and give you the option to amend the allocations of your portfolio.