One of the two loan offerings live on site is about to close. It’s a fixed-rate offering at a yield of 8 per cent, rated A. It’s 94 per cent filled at the time of writing, and will close when 100 per cent bid. A gross yield of 8 per cent equates to a return […]
It’s time for a dose of reality in the peer-to-peer (P2P) sub-sector of FinTech. Funding Circle is looking to float its shares in the London Stock Exchange later this year. The investment bankers – notably Goldman Sachs and Morgan Stanley – are talking up the price, as they always do. My personal view is simple: […]
Today, we highlight an insightful piece on the investor excitement – perhaps dangerous excitement – surrounding the FinTech industry. Money&Co. operates in the peer-to-peer (P2P) lending sub-sector of FinTech, the same sector as its much bigger cousin, Funding Circle, which is soon to float its shares on the stock market by way of an initial […]
Our recent television and newspaper marketing campaign, promoting a 7 per cent target return Innovative Finance Individual Savings Account (ISA),has proved a great success. Money&Co.’s managed portfolio proved particularly popular. We are one of the very few – if not the only – peer-to-peer (P2P) loan platforms to have fund management permissions from the Financial […]
A new kid has arrived on the property block: Below we offer an extract of detail from webuyanyhome’s £250,000 offering with an 8 per cent gross yield, fixed, and an A+ credit rating. This offering may will be familiar to regular lenders. As ever, we’ve made our best effort to ensure these representations are true, but […]
We’re pleased to announce the launch of two new loan offers on site, with yields of 9 and 8 per cent. Below is detail from one borrower’s representations – a UK company investing in German property. As ever, we’ve made our best efforts to ensure that these representations are true, but cannot warrant that this […]
We’re pleased to report a new tranche of loans waiting on the wings to come up on site. We bring together small businesses looking for funds to grow together with individual lenders seeking a good return on the loan of their capital to carefully vetted borrowers. Peer-to-peer (P2P) lending is a key part of the […]
The new tax year has begun, and we are delighted to say we’ve attracted many new lenders, and facilitated a large volume of credit for our borrowers. But the Individual Savings Account (ISA) season is not over. Investors can transfer their Stocks and Shares or Cash ISAs to an Innovative Finance ISA. Money&Co.’s ISA has […]
The midnight hour is upon us! To get a tax-free target ISA yield of over 7 per cent, the time for investors to act is now, or lose £20,000-worth of extremely valuable investment benefit. See the article below, from the Daily Express. Savers are running out of time to add to their tax-free accounts, known […]
Now is the time to review your finance to get good returns ahead of the end of the tax year. See this coverage of our Innovative Finance Individual Savings Account (ISA) from the Daily Express. This pioneering Isa gives savers access to higher returns available from peer-to-peer (P2P), lending platforms, totally free of tax. Renowned […]