The Daily Mail looks at the exciting developments for the peer-to-peer lending market in last week’s Emergency Budget. We agree with both the headline – New Isa means tax-free interest from peer-to-peer investments fuelling the lend-to-save boom – and the words of caution offered by Christine Farnish, chair of the P2P Finance Association at the […]
Today, we contemplate the closing of the latest loan auction tonight, and allow ourselves a moment of congratulation. Congratulations to our lenders, who are currently achieving a gross rate of return of just over 9 per cent. Congratulations also to our borrower, Real Engineering (Yorkshire) Ltd (pictured)., which is getting funds for growth. As this […]
The Independent heralds what we all hope will be a new era for savers and investors – and the small and medium-sized companies who are deploying thie capital to grow the British economy. Personal finance editor Simon Read writes: “Is peer-to-peer lending set to crash into the mainstream with a bang next year? “That’s the […]
We’re going to run a series of short week-end features from the recent, highly successful Discovering The Power Of The Crowd conference. The conference covered how crowdfunding works for businesses as they grow. Starting with very young companies that need seed equity through to more mature businesses with higher valuations who will look to give […]
After the news reporting comes the analysis. Crowdfunders in general, and peer-to-peer lenders in particular, are basking in the warm afterglow of this week’s Budget. Kate Palmer, in a piece filed last night in The Telegraph, runs the rule over Innovative Finance Individual Savings Accounts (IFISAs), which she dubs “10 per cent ISAs”. To read […]
Ryan Weeks, editor of Alt Fi, reprises the excellent news in yesterday’s Budget, with its creation of the Innovative Finance ISA (IFISA). “[The IFISA] has been created to accommodate peer-to-peer loans. The naming decision in particular comes as something of a shock. Whilst a third ISA type felt inevitable, those in the know were reasonably […]
This is a momentous time for P2P lending (which includes person-to-business lending). Along with the Chancellor’s emergency Budget, the Treasury has published its response following its consultation on whether P2P loans should be included in ISAs. The consultation period came to an end on 12 December 2014. The report states that: “(The government) intends to […]
Good news! Call it an Individual Savings Account (ISA), a New Individual Savings Account (NISA) or, as of today an Innovative FinanceIndividual Savings Account (IFISA) Money&Co. welcomes Chancellor Osborne’s Budget, and in particular the government’s response following the consultation on whether to include peer-to-peer (P2P) loans in Individual Savings Accounts (ISAs – or now IFISAs) […]
The Judge Business School of Cambridge University is a beacon of clarity and measured thought in the field of alternative finance, of which crowdfunding is an increasingly important part. Today, we offer extracts of a new report, published online. The outline features key figures at the Judge school, including Bryan Zhang, director of policy and […]
Rhydian Lewis is not known for pulling his punches. The founder and CEO of P2P platform RateSetter (our cousins in peer-to-peer lending – with loans being made to individuals rather than the businesses we lend to) is noted for a frank approach to business and finance. And you can see why. Here, in trade finance journal, […]