We’re proud of what we do at Money&Co. Getting people together with carefully vetted businesses – which provide excellent returns in exchange for the capital they need to grow – is something that serves everyone well. Lenders, borrowers and general prosperity (the commonwealth, with a small “c”) all win. But what if it all goes […]
The government’s programmes to help lending to businesses, especially the small and medium-sized businesses to which Money&Co. facilitates loans, are going to reach just 25 per cent of their lending targets, according to a report in the Independent. “Vince Cable’s Department of Business, Innovation & Skills (BIS) forecast in March that the British Business Bank, […]
The remarkable march of Money&Co.’s peer-to-peer (P2P) business lending sector continues. The message is simple: we bring people together with business to provide excellent returns for lenders and much-needed capital for borrowing companies. And that message is spreading fast. Yesterday, we wrote about the possibility of Money&Co.’s producing a tax-free offering that would yield around […]
Imagine this. It’s not a pie-in-the-sky dream, but a realistic possibility: a tax-free income product with a yield of over 7 per cent. That’s the kind of offering we hope to be able to make if the UK government acts on its avowed intention to include loans like Money&Co.’s (peer-to-peer [P2P] business loans) in New […]
The Money&Co. team recently took the opportunity to catch up with Bryan Zheng Zhang, doctoral student at Cambridge University with an encyclopaedic knowledge of the crowdfunding market. Bryan was a leading light in the production of the latest report on our sector, which was published as a joint venture with the National Endowment for Science Technology and […]
All eyes in crowdfunding, and especially in our own P2P business lending sub-sector of crowdfunding, are set firmly to the west today. Shares in Lending Club, the biggest player in the US P2P business lending market, were floated on the stock market yesterday. As CityAM reports, “its valuation soared to more than $8 billion as […]
This Money Matters blog is a personal view from Money&Co.’s head of content and communications, Martin Baker. Martin’s views do not necessarily represent the views of Money&Co. Lending Club is a US-based peer-to-peer (P2P) lender. It acts as a conduit for the passage of money from individuals and institutions to businesses. Some call that […]
Don’t expect a rise in interest rates any time soon, says the British Chambers of Commerce (BCC), as reported by the BBC. “Interest rates have been at their historic low of 0.5% for more than five years, with just two out of the Bank of England’s nine-strong Monetary Policy Committee voting to increase rates in […]
Let’s start with the fear. Equity crowdfunding can be a downright dangerous rollercoaster ride. The UK’s financial watchdog recently gave a stark warning to anyone considering investing in equity crowdfunding, according to a report in the Financial Times (subscription may be required). The piece deals with crowdfunding sites that aim to attract direct equity investment […]
We’ve been experiencing a surge in lender interest at Money&Co. recently. We’ve been working hard to spread thr word with breakfasts and road trips where Nicola Horlick (pictured above) and the Money&Co. team explain what we’re about. The hard work is beginning to pay dividends: it seems that a piece in the Guardian, published before […]