Lana Clements in The Express takes a look at the peer-to-peer (P2P) loan market, which is set for liberalisation and (we very much hope) inclusion as an eligible asset class in New Individual Savings Accounts (NISAs). Chancellor Osborne’s Budget is on 8th July, and our fingers are firmly crossed. In her Express article, Ms Clements […]
The Eurogroup summit in Brussels is hobbling towards a compromise agreement that will keep Greece within the fold of the currency, whilst the Greek government does not cross any of its “red lines”. But the fate of the currency is dark, according to Money&Co.’s CEO, Nicola Horlick. “Looking back [to the creation of the common […]
There is much in the news about Grexit at the moment and the big question is whether this would destroy the Euro. I don’t think so. The fear is that if Greece is forced out, then the focus will turn to Italy, Spain and Ireland. However, each of these countries has made good progress over […]
Judith Evans in the Financial Times takes recent figures from the AltFiLiberum data resource (see illustration above), and notes the rise and rise of peer-to-peer (P2P) lending. “Peer-to-peer lending to businesses is on the verge of overtaking lending to consumers as investors chase higher returns available from more risky business loans. “Cumulative P2P consumer lending […]
Money&Co. is a technology company. We are all about bringing people together with business, yes. And money in the form of the loans we facilitate is involved, yes. But those loans happen because of a state-of-the-art 21st Century technology platform at the heart of our business. We are part of a hybrid sector called financial […]
We are pleased to host a new loan offering on site. Real Engineering (Yorkshire) Ltd. Is seeking £367,000 in a five-year loan. Rated by our credit analysts at “A”, the loan is already 19 per cent funded, on its third day on offer. The indicative yield is 8.5 per cent, and the purpose of the […]
There’s movement ahead as peer-to-peer (P2P) loans become accepted as mainstream assets capable of being held in an Indiovidual Savings Account (ISA) wth all the tax-benefits. Our friends at Citywire report: “HM Revenue & Customs (HMRC) has provided a boost to investment trusts focused on peer-to-peer lending by allowing savers to hold them in their […]
It’s an undoubted truism: there’s strength in numbers. And we’re delighted to announce that today we are joining the Alternative Business Funding (ABF) hub. The ABF is now 50-strong, and describes itself as a “leading alternative-funding platform, which successfully lobbied for the new banking referral legislation – estimated to pump an additional £2 billion in business […]
Money&Co. CEO, Nicola Horlick, has won the inaugural “Who’s Who Champion of Change” award, presented by Zac Goldsmith MP at the Houses of Parliament. The Champion of Change award recognises the achievements of leading business individuals. It recognises business owners that have transformed their public profile and positioned themselves as leaders in their chosen field. […]
Following the credit crunch, debt has become a bit of dirty word and many UK small and medium-sized enterprises (SMEs) are now classed as permanent non-borrowers. Given that productivity is a big problem in the UK, this suggests that there has been a lack of investment by British companies and this is partially due to […]