The risks of crowdfunding have attracted a lot of media attention recently. Our sector, the peer-to-peer (P2P) business lending part of crowdfunding, in particular, has been under the microscope. It’s an issue whose examination we believe crowdfunders should welcome. We certainly do so at Money&Co. – especially when it’s done in the thoughtful manner that […]
We offer a reprise of a recent BBC report: “New lenders may struggle to prise customers from traditional banks even though their borrowing and lending rates can often be much better, research from the BBC suggests. “Borrowing money from a peer-to-peer lender or changing currency with an online firm can be cheaper. But the lure […]
Thanks to our friends at Crowdfundinsider for an interesting feature interview with Money&Co.’s Luke Davis. Luke, who also runs IW Capital, an equity-investment business, focuses primarily on equity and the benefits of Enterprise Investment Scheme tax breaks and their role in driving growth for start-ups and small businesses. But it’s very much worthwhile reading Luke’s comments on what’s […]
We note with interest – and broad approval – remarks made by Samir Desai, co-founder of our bigger brother in the peer-to-peer (P2P) lending sector. Speaking at AltFi’s recent conference, Mr Desai reacted to Lord Adair Turner’s remarks on the BBC’s Radio 4 Today programme. Lord Turner criticised the credit-analysis process and lending policies of […]
Our friends at AltFi report on a link between a major peer-to-peer crowdfunder, RateSetter and the Angel-led equity crowdfunder, SyndicateRoom. AltFi editor Ryan Weeks highlights a innovative tie-up between these two major players – and it’s a move that we very much welcome at Money&Co. See a panel discussion here. Back in October we were […]
AdaPia d’Errico, of PatchOfLand, blogs in The Huffington Post on the global macro-economic and demographic trends that she believes augur well for crowdfunding. This is a thoughtful and well-argued piece, and we offer excerpts of particular relevance to financial services – and the burgeoning peer-to-peer (P2P) business lending sub-sector – below. “By now, early 2016, […]
Our friends at Crowdfundinsider report on the gap – still large and largely unfilled – in funding UK small and medium-sized enterprises (SMEs). “Since the financial crisis traditional banks have retrenched from lending to small and medium sized businesses leaving a huge funding gap in their wake. Such lenders have withdrawn SME overdrafts at a […]
There was lots of good news for crowdfunders and peer-to-peer (P2P) lenders in yesterday’s Budget. Money&Co.’s CEO, Nicola Horlick, has already welcomed the raising of the Individual Savings Account (ISA) limit to £20,000, up from £15,240 – good news for the new Innovative Finance ISA, which will be able to include P2P loans, such as […]
So the Individual Savings Account (ISA) limit is raised to £20,000 per annum in today’s Budget. That’s potentially excellent news for savers and investors. “The timing of the Chancellor’s announcement, coming as it does ahead of April’s launch of the Innovative Finance ISA (IFISA) demonstrates both the government’s seriousness of purpose in encouraging individuals to […]
We often talk about how the young industry of crowdfunding is trying to find stability, certainty and identity. Even the names describing what we do are unstable (for the record, at Money&Co. we are a peer-to-peer [P2P] business lender, lending to small and medium-sized enterprises [SMEs]). See our opinion a while back: “What’s in a name?” […]