Money&Co. has had an excellent 2015 so far, with around £2 million in loans facilitated from six successfully completed loan auctions. The last of the completed auctions closed this week. Olsen Doors & Windows raised £250,000 for its B-rated loan at a gross rate of 10.4 per cent. Two loans are currently open on site, […]
What a difference a day makes. The successful close of the Olsen Doors & Windows £250,000 loan yesterday fell from 11.4 per cent when the bid target was reached, dropping overnight to 11 per cent. The cost of the B-rated credit stream fell steadily during the day leading up to last night’s close. The Money&Co. […]
Alt Fi is one of our favourite media outlets. It tracks daily financial volumes in crowdfunding in general and the peer-to-peer (P2P) market in particular, with its Liberum Alt Fi Index. The emphasis has typically been on the amount of money being invested, loaned or committed to projects through crowdfunding platforms. However, in a particularly […]
The excitement is mounting at Bruton Place as the countdown to the closure of our latest loan auction gets underway. Olsen Doors & Windows is attracting a host of bids – and has pulled in more than five per cent of its £250,00 target today. This B-rated four-year loan has a gross indicative yield of […]
David Prosser, regular blogger and columnist in The Independent and Forbes (where recently he profiled Money&Co.’s CEO, Nicola Horlick, after attending a lenders’ breakfast at Bruton Place) writes with his customary vigour and accuracy about UK crowdfunding and its increasingly mainstream status. The piece, in today’s Independent, is especially good – without delving into detail […]
The crowdfunding word spreads faster and faster. Leading financial media organisation, City AM, is teaming up with the crowdfunding intelligence platform, Another Crowd, to launch an all-day seminar on 28th May at the RAC in London. Martin Baker, head of communications at Money&Co., and editorial director of Another Crowd, will be co-hosting the event with […]
Well what a week it’s been – and what a week lies ahead. Today we’ll reprise the events of a very exciting few days. Tomorrow, we’ll look forward to the week head. We hosted a drinks event for Money&Co. lenders, borrowers and investors on Tuesday. Nicola explained our business model and her vision of the […]
The latest loan on our site is an A-rated two-year loan with a gross indicative yield currently running at 9.7 per cent. The loan is to fund the management buyout of a Telford-based equipment supplier. We supply the company’s own description of itself here. We have used our best efforts to ensure that these representations […]
And so to far east London for the first Crowd Finders conference. Once you get there – and it is a trek from all points west – The Crystal delivered excellent conference services. The facilities were excellent, the amphitheatre itself comfortable, and the staff attentive. But the stars of the show were the speakers. The […]
We’d like to thank the lenders, borrowers and investors for making yesterday’s Bruton Place symposium such an engaging and interesting event. Nicola Horlick, Money&Co.’s CEO, spoke to the assembled group via Skype linkage from California. Senior credit analyst, Toby Furnivall, then drilled down into the detail of Money&Co.’s stringent credit-analysis process. Subsequently, investment banking specialist, […]