Today, we bring news of a welcome development, as peer-to-peer (P2P) lending becomes ever more widely accepted as an important and legitimate asset class. Our friends at Crowdfundinsider offer a report of Linked Finance, an “Ireland-based peer-to-peer lending company”, which has announced the launch of a new type of pension account. “The account allows holders […]
Financial technology (FinTech) is creating more and more disruption in the banking sector, according to a report from our friends at AltFi. “Big banks need to respond to rapidly changing customer preferences, digital interfaces and platform businesses to thrive post-crisis, according to a new report from Oliver Wyman… “Whatever their progress on the restructuring agenda, […]
We’re heading towards what’s known as “ISA season”. That’s the last quarter of the tax year, ending in early April, when investors commit the majority of the many billions invested in Individual Savings Accounts (ISAs) – the vehicles that allow you to commit up to £20,000 free of any tax on income or capital gain. […]
Small- and medium-sized companies are the lifeblood of the UK economy. Irrespective of what kind of Brexit we get, it remains the role of Money&Co. to bring individuals looking for good return on capital together with small business looking for capital to grow. It does look, though, that the uncertainty surrounding Brexit is not helping […]
We are pleased to announce the imminent launch of a new loan offering of £50,000 on site from an established borrower. The GH6 (sixth tranche) loan is a fixed-rate 8 per cent yield for a three-year term. Below we offer an extended excerpt from the borrower’s pitch (we have used our best endeavours but cannot […]
Peer-to-peer (P2P) business crowdfunders are the new kids on the financial-services block. The P2P sector is fast-growing, and is regarded by many as the future of finance. Our friends at P2P Finance News report a survey that indicates the challenges facing mainstream banking and financial survey. We agree, but also think that P2P cannot be […]
Our friends at Marketing Eye offer a fairly cool appraisal of one of the most exciting – indeed, possibly revolutionary – developments in personal finance. The advent of the Innovative Finance Individual Savings Account (ISA) allow investors to put up to £20,000 into an account, and enjoy its income, tax-free. The average return achieved by […]
The successful completion, yesterday, of the latest £300,00 A-rated loan offering on site, offers an opportunity for reflection on where we are as a company and as industry players, ahead of the imminent launch of new offerings. We’ll be announcing the new loans on site, and emailing our registered lenders. We’ve found an interesting and […]
Our latest auction is fast approaching nearing completion – with 93 per cent funding at the time of writing. As often happens when a loan auction nears the close, the pace of bidding increases, and the competition to grab a piece of the funding action means that the cheaper offers of credit will drive out […]
Managing money is undoubtedly a complicated business. Money management is a whole sub-sector of financial services dedicated to getting the best value for capital invested. All the while, the money managers have to use their best efforts to keep investors’ capital safe. The universal, financial truth asserts itself again: there is no profit without risk. […]