The latest loan offering on site is an A-rated, five-year loan at a fixed rate of 9 per cent gross, secured against property. This is the second tranche of credit sought by a borrower that proved very popular with lenders. We offer an extract of the borrower’s outline offering. As ever, we have used our […]
The new week will bring a new podcast, on the subject of cryptocurrencies, including and led by Bitcoin. There will also be two new loans on site. Meanwhile, here’s a handy overview of the alternative lending ecosystem (see infographic, above), courtesy of our friends at Orca. Money&Co. Podcast: We asked David Buik of London investment […]
There’s a lot to say about the volatile cryptocurrency market. Our friends at Orca Money, a P2P commentator and analyst, share our curiosity. They profess themselves “fascinated by the dramatic rise of cryptocurrencies in the past year. It’s taken Nutmeg, the UK’s leading robo-adviser 5 years and substantial marketing spend to reach 50,000 users. At […]
Cryptocurrencies, with Bitcoin to the fore, are inescapable these days. As we reported yesterday, many of our colleagues in the peer-to-peer (P2P) alternative lending market are beginning to offer credit using their own tokens via an initial coin offering (ICO). We think it’s an interesting idea, but we do have some concerns. The markets in […]
Cryptocurrency is very much in vogue at the moment. It’s becoming the token of choice for creating liquidity on some platforms. As things stand, cryptocurrencies are all translated back into “fiat” or mainstream currencies such as the dollar or pound. This is very much an area to watch. We can however reveal that neither of […]
Ahead of two new loan offerings coming online very soon, we thought we’d remind you of the portfolio service. This is a managed service for larger investors with a minimum of £100,000 to invest. We will manage your loan portfolio for you and ensure that there is sufficient diversification to reduce risk. When money comes […]
Hello. Catch our Out With The Old, In With New podcast HERE. It features lively debate amongst Baroness Kramer, Treasury spokesman for the Lib Dems in the House of Lords, David Buik, spokesman for Panmure Gordon, and Money&Co. CEO, Nicola Horlick. The conversation is hosted by author and journalist, Martin Baker, who also runs Money&Co.’s […]
The long-expected stock-market flotation of Funding Circle is finally getting underway. Here’s how our friends at P2P Finance news report the news. FUNDING Circle is readying to hire advisers to prepare for a £1bn-plus float later this year. The peer-to-peer business lender has reportedly told investment banks that it will hold a beauty parade before […]
Question: When is saving not really saving? Answer: When it’s an investment. We have long been mindful of the need to highlight the difference between savings and investments. The differentiation of the two is something that the Financial Conduct Authority has stressed in various guidance notes. Our care to highlight the risks inherent in peer-to-peer […]
The first new loan offering of 2108 has got off to a flying start. More than 27 per cent funded in less than a day, lenders are demonstrating great enthusiasm for this property-backed offer. As is our wont on these occasions, we let the borrowers speak for themselves – and remind you that we have […]