What do recent events at Lending Club, a leading peer-to-peer (P2P) lender, mean for us in the UK? Money&Co. engages in P2P business lending, putting individuals together with carefully vetted small and medium-sized enterprises (SMEs) to provide good returns for lenders and much-needed funding for borrowers. The financial world is inter-connected, and it’s reasonable to […]
We relay an excerpt of some sobering news for savers from the BBC. The corporation runs an article that “shows that many people relying on their savings income are worse off than ever before”. “Savings rates plummeted after the Bank of England slashed its base rate in the financial crisis. “Since last autumn, as the economic […]
The financial media in the UK has been awash with the potential ramifications of the departure of senior executives from Lending Club, the biggest peer-to-peer (P2P) crowdfunder in the United States. One of the most comprehensive articles comes from Reuters. We reproduce an extended excerpt below: “Britain has one of the biggest peer-to-peer or P2P […]
Another day, another technology investor, so it seems. Our friends at Business Insider bring us a report of a new fund investing in tech start-ups. “Saul and Robin Klein are a father and son team who have invested in some of Europe’s biggest technology startups. Between them they have backed TransferWise, Citymapper, TweetDeck, Graze, Zoopla, […]
We’re pleased to report that a new loan offering will very soon be going up on site. Money&Co. lenders have been understandably eager for new loans. Some have been disappointed that the flow of offers hasn’t been faster. But that is because we take no prisoners in our credit-analysis process. At Money&Co., we pride ourselves […]
Our friends at FinExtra are among many reporting on a consumer-research report published by equity platform, SyndicateRoom. This survey, of 3,100 people is called Bridging the Equity Divide, and SyndicateRoom concludes that the results show a strong appetite for wealth creation amongst UK investors. Some 53 per cent of respondents believe that equity investment would […]
Let’s be straight about this. Finance is littered with jargon, and jargon is a form of exclusion. If you can’t decode the meaning of the funny words, you have no hope of understanding what’s going on. At Money&Co., we try to keep things simple and comprehensible. We are pleased to see that we’re not alone […]
Good news from the European Union. It recognises that crowdfunding is an important and legitimate part of FinTech. It also recognises that we crowdfunders need “space to innovate and develop”. “The report finds that crowdfunding remains relatively small but is developing rapidly. If appropriately regulated, it has the potential to be a key source of […]
Digital natives – the kids who grew up with an iPhone as entertainer-cum-babysitter – would call it a “First-World Problem”. The problem, according to an article by Gary Dushnitsky, an associate professor of strategy and entrepreneurship at London Business School, belongs to the crowdfunding sector of FinTech. And what do crowdfunding firms such as Money&Co., […]
The alternative finance sector is growing rapidly. The same goes for crowdfunding – one of the sector’s most important elements. We have reported that growth story many times in this News section. But rapid growth is one thing, genuine scale and mainstream understanding and acceptance quite another. Money&Co. operates in a sub-sector of crowdfunding known as […]