The economic consequences of Brexit are beginning to be felt. Money&Co.’s CEO, Nicola Horlick, has been taking soundings from economists and financial researchers. Her conclusion? “There is no doubt that the unexpected vote to leave in the referendum will cause economic weakness in the UK.” There is, however, a silver lining for lenders. Nicola believes […]
There’s a lot going on, we’re pleased to report. Money&Co.’s latest loan offering is 99 per cent funded as this article is being written. This A-rated loan of over £455,000 has four more days of auction to run. The borrower is an independent adviser looking to use the funds to expand. The offering has a […]
The recent review of crowdfunding regulation from the Financial Conduct Authority (FCA) was published on Friday, and seems to have landed on many media desks with a loud thump – followed by silence. We’ll be publishing our own reaction to this chunky document shortly. Meanwhile, we offer this clear first-take on the FCA report from […]
Today, we run a guest piece from the crowdfunding intelligence platform, Another Crowd, on the future of crowdfunding platforms in our own peer-to-peer (P2P) business lending sector. What makes an alternative lending platform sustainable? Borrowers, lenders, liquidity and reputation all matter. Today we look at the suggestion that two survival strategies are to scale up […]
Our latest loan offering is nearly 100 per cent bid-for. When the quota is filled, the cheaper offers of credit will drive out the more expensive ones as the auction continues. Sound like algebra? We hope not. To help you understand what crowdfunding is all about, here’s an extract from our Knowledge Hub. Crowdfunding is […]
Nick Stainthorpe of international law firm, Reed Smith LLP, blogs in AltFi on the challenges and opportunities for alternative finance provides after the Brexit vote. “The referendum has two key consequences for the alternative finance industry. The first is economic. Alternative lenders are not funded by deposits, central banks or short-term wholesale funding tools such as […]
Today we focus on the lending side of the crowdfunding equation. At Money&Co., we bring together lenders looking for a good return on capital together with careful vetted borrowing businesses seeking funds to expand. Lenders who have funded the small and medium-sized enterprises (SMEs) seeking credit on the Money&Co. platform, which has facilitated loans of […]
Our simple explanation of how to borrow and how to lend is mercifully free of re-hashed Shakespeare. Here’s the introduction to our guide to borrowing. Lenders looking for good returns on capital via our platform should visit the Lend page, or see News, where we will be dealing with this topic tomorrow. “Only after your […]
We’re pleased to announce that Money&Co. will be a major sponsor of a conference dedicated to raising awareness of alternative funding sources amongst small and medium-sized enterprises (SMEs). The date is yet to be fixed, but the venue will be hosted by the Northern Lights SME incubator at the University of Central Lancashire. Major industry […]
Our latest loan offering is an A-rated loan of over £455,000. The borrower is an independent adviser looking to use the funds to expand. The loan auction closes in 15 days’ time. The offering has attracted bids of over £36,000 today, at the time of writing, and is 56 per cent funded. The way the […]