Peer-to-peer (P2P) loans are increasingly becoming accepted as an investable asset class for pension plans. Although P2P loans are higher risk than cash deposits at banks or building societies, and are not protected by the terms of the Financial Services Compensation Scheme (FSCS), carefully vetted loans have proved very attractive to an increasing number of […]
It’s now officially autumn. The nights are drawing in. Temperatures are dropping. It’s getting cold outside. You’ve probably already guessed where we’re going with this. It’s in the cold and the dark that holders of cash deposit accounts find themselves right now. Inflation is rising, but cash deposit rates certainly aren’t. According to independent savings […]
The European Commission has promised to “prioritise fintech” in its proposals to revamp its financial supervision strategy, according to a report from our friends at P2P Finance News. We run an excerpt from the article below, and leave it to you whether this is all too little, too late, in the light of forthcoming political […]
As our sector of alternative finance matures, so does the regulation and oversight. The peer-to-peer (P2P) business lending sub-sector of crowdfunding is where we operate, and, with the advent of the Innovative Finance Individual Savings Account (ISA) a lot of attention has rightly been devoted to P2P. It’s right because companies such as Money&Co. will […]
We often report on news from the other side of the crowdfunding fence. Equity crowdfunding typically focuses on very small or start-up companies seeking to give away a stake in the business in exchange for growth capital. Debt crowdfunding, which is what we do, helps better-established businesses (the average age of our borrowing companies is […]
The story of mergers and acquisitions in the financial technology (FinTech) sector has, as they say, “legs”. Yesterday we brought you news of a survey predicting much corporate activity in FinTech, and today sees the finalisation of an important deal the market already knew about. It’s symptomatic of the fast-growing, rapidly changing and very exciting […]
Our friends at AltFi report a survey conducted by leading City law firm, Simmons & Simmons, which predicts a boom in financial technology (FinTech) mergers and acquisitions. We offer an excerpt of the article below. Our own experience of the peer-to-peer (P2P) business lending sub-sector of crowdfunding – one of the fastest-growing parts of FinTech […]
Freedom of choice or labour-saving device? There’s been some concern in certain quarters that some players in the peer-to-peer (P2P) business lending sector of crowdfunding will no longer allow investors on their platforms to choose which specific companies they want to lend money to. Leading commentator David Prosser, who profiled our CEO in Forbes a […]
Congratulations to our friends at P2P Finance News, which has just celebrated its first anniversary. A recent summary piece looks at the peer-to-peer (P2P) lending sector of crowdfunding – of which Money&Co. is part – and asks if P2P has gone mainstream. Our contention is that the moment has not yet come – but it […]
We have a new loan proposal in the telephony sector on site. The £300,000 offering is risk-rated at A, which puts it at the lower end of the spectrum of risk, as appraised by our credit committee. The duration of the loan is 60 months, and the indicative gross interest rate is 8 per cent. […]