Is it all too good to be true? This month’s emergency Budget and the excellent news about the advent of the Innovative Finance ISA (IFISA) was rapturously received by much of the media. Now, there’s a slight shift of emphasis after the understandably shocked and terrified Cash ISA providers have launched expensive media campaigns focused […]
Here are just some of the issues that every lender and borrower involved or thinking of getting involved in the peer-to-peer lending process should be addressing. If you want to: Find out what the average yield is on a peer-to-peer loan… Find out how long it takes to get a P2P business loan… Find out […]
Liberum AltFi Returns Index Today’s news is an exercise in comparison and contrast in the retail savings space. When considering cash savings accounts and peer-to-peer (P2P) business loans (after this month’s Budget, and the advent of the Innovative Finance ISA, such comparisons are inevitable) the key criteria to examine are access, yield and security. At […]
The rise and rise of crowdfunding in general, and the peer-to-peer (P2P) business-lending sector in particular, continues. New figures from AltFi Data show that UK P2P lenders’ cumulative business now stands at more than £4 billion. Britain is way ahead of the rest of Europe, which together amounts to just over £1 billion. “As we often […]
The Standard runs a cogently argued opinion on the policy vacuum after the change of leadership at the UK’s leading regulator, the Financial Conduct Authority. The column highlights the need for continued enlightened regulation in the FinTech and P2P spaces – and a lighter touch in the equity sector. “In the financial technology space, [the […]
Today we offer the views of two well respected commentators on crowdfunding and peer-to-peer lending, both of whom believe we are at a critical juncture in the provision of funding for small and medium-sized enterprises (SMEs). Ryan Weeks, editor of AltFi, looks at the impact of a projected rates rise in the UK: “Governor of […]
David Prosser in Forbes is the latest to report the good news for borrowers, lenders and (unarguably, after the July Budget) savers. “Britain’s peer-to-peer lending sector has just enjoyed yet another record quarter, lending more than £500m to consumers and businesses for the first time in its history. In total, the eight largest platforms in […]
We warmly welcome more good news in our sector. The latest figures from the Peer-to-Peer Finance Association (P2PFA) show “over £500 million of new consumer and small business loans have been provided by peer-to-peer platforms since April, the fastest rate of growth yet,” says the P2PFA. Cumulative lending by P2PFA members – including eight of […]
We are trying to be heard, but it seems that the message of peer-to-peer lenders is not getting through as well as it might. To be blunt, a snapshot survey of new entrants into Parliament reveals startling levels of ignorance amongst MPs regarding sources of finance, funding and tax breaks for SMEs. “More than half of […]
CityA.M. runs a column visiting the Money&Co. space… “WHEN we look back, 2015-16 will be seen as the watershed moment: when peer-to-peer (P2P) lending and crowdfunding made the big time, transitioning from quirky innovation to a respected alternative source of finance and investment opportunities. “The government has clearly been persuaded of the potential benefits of […]