We believe we have set a record for “pure” peer-to-peer (P2P) business lending at Money&Co. In the first year of facilitating loans (after months of preparation and we and administrative-system design) we facilitated some £6 million-worth of P2P loans. We did that without recourse to institutional money (no liquidity came in from family offices, hedge […]
We’re delighted to reveal the news that Money&Co.’s mission to help individuals take charge of their financial lives has taken another step forward. We’ve joined the SIPPclub. That means individuals who have their own Self-Invested Personal Pensions (SIPPs) can put our loans in them, and get the benefit of pension tax break while doing so. […]
CityA.M. today looks at our sector of the crowdfunding market. Harriet Green sets the context: “Alternative finance grew by 168 per cent in the UK last year, according to a report by Cambridge’s Judge Business School. While the oft-vaunted equity crowdfunding saw volumes totalling £83m in 2014, debt-based lending, via crowdfunding and peer-to-peer (P2P) platforms, […]
Change is the name of our game. The Fund Forum International at the Grimaldi Centre in Monaco calls itself the largest fund management forum in the world. Money&Co.’s CEO, Nicola Horlick, used to be a high-profile manager in the traditional business of asset management. Yesterday, she spoke at the opening conference session, and startled a […]
We welcome the Reuters report that Amazon is going into the small and medium-sized enterprise (SME) loan market. The technology leviathan has left book-selling far behind. It is set to launch an invitation-only lending scheme for some of its sellers: “[Amazon] will launch its business loan program for small sellers later this year in eight […]
Feeling disruptive? If so, you may be interested in Kyle Caldwell’s article in the Telegraph, which looks at share plays offering investors a way into “disopruptive” sectors. One section features challenger banks and P2P lenders, where fund manager Neil Woodford’s holdings in Atom Bank (a pure online banking play with no “frills” such as branches!) […]
Thanks to the Mail on Sunday and our friends at Alternative Business Funding for helping us share the good news about crowdfunding, and the process of bringing individuals and businesses together. “Money&Co, the crowdfunding platform run by City ‘superwoman’ Nicola Horlick, is among 17 new companies joining small business finance website alternativebusinessfunding, taking the total to […]
Journalism “by list” is a reductive business. Nevertheless, here’s a list, courtesy of our friends at CityA.M. – all about the supposed influence of folk in the word of alternative finance. Money&Co.’s CEO Nicola Horlick features in the 20s – not bad, considering she scarcely bothers with Twitter at all… So here’s the recent CityA.M. […]
We monitor the fast-moving, high-octane world of the digital economy every day. As a FinTech company and a peer-to-peer (P2P) lender, we have to. Rarely does one single news report emerge as the undisputed leader of the day. Today, however, the distinction of “must-read” status goes to Ryan Fowler of Tech City News. The story […]
We welcome Holly Black’s article in The Daily Mail today. It is a balanced piece on equity crowdfunding and bonds issued by companies looking for growth. It doesn’t address peer-to-peer (P2P) business lending – our sub-sector of the market – which is already the biggest and fastest-growing part of the crowdfunding universe. But that gives […]