Rhydian Lewis’ motivation when he founded RateSetter in 2010 was to make better returns accessible to ordinary investors and make interest rates more transparent. The firm operates as an exchange, with investors on one side and individuals and businesses borrowing on the other. To manage risk, Lewis pioneered the use of a Provision Fund which provides an efficient form of diversification for investors and a high level of predictability. RateSetter’s Provision Fund has a 100 per cent track record of delivering the predicted returns, and is a model that has been adopted by others in the industry. Close to £2 billion has been lent through RateSetter so far. The platform has more than 50,000 investors and 320,000 borrowers.