The Independent heralds what we all hope will be a new era for savers and investors – and the small and medium-sized companies who are deploying thie capital to grow the British economy. Personal finance editor Simon Read writes: “Is peer-to-peer lending set to crash into the mainstream with a bang next year? “That’s the […]
We’re going to run a series of short week-end features from the recent, highly successful Discovering The Power Of The Crowd conference. The conference covered how crowdfunding works for businesses as they grow. Starting with very young companies that need seed equity through to more mature businesses with higher valuations who will look to give […]
After the news reporting comes the analysis. Crowdfunders in general, and peer-to-peer lenders in particular, are basking in the warm afterglow of this week’s Budget. Kate Palmer, in a piece filed last night in The Telegraph, runs the rule over Innovative Finance Individual Savings Accounts (IFISAs), which she dubs “10 per cent ISAs”. To read […]
Ryan Weeks, editor of Alt Fi, reprises the excellent news in yesterday’s Budget, with its creation of the Innovative Finance ISA (IFISA). “[The IFISA] has been created to accommodate peer-to-peer loans. The naming decision in particular comes as something of a shock. Whilst a third ISA type felt inevitable, those in the know were reasonably […]
Good news! Call it an Individual Savings Account (ISA), a New Individual Savings Account (NISA) or, as of today an Innovative FinanceIndividual Savings Account (IFISA) Money&Co. welcomes Chancellor Osborne’s Budget, and in particular the government’s response following the consultation on whether to include peer-to-peer (P2P) loans in Individual Savings Accounts (ISAs – or now IFISAs) […]
The Judge Business School of Cambridge University is a beacon of clarity and measured thought in the field of alternative finance, of which crowdfunding is an increasingly important part. Today, we offer extracts of a new report, published online. The outline features key figures at the Judge school, including Bryan Zhang, director of policy and […]
Rhydian Lewis is not known for pulling his punches. The founder and CEO of P2P platform RateSetter (our cousins in peer-to-peer lending – with loans being made to individuals rather than the businesses we lend to) is noted for a frank approach to business and finance. And you can see why. Here, in trade finance journal, […]
We believe we have set a record for “pure” peer-to-peer (P2P) business lending at Money&Co. In the first year of facilitating loans (after months of preparation and we and administrative-system design) we facilitated some £6 million-worth of P2P loans. We did that without recourse to institutional money (no liquidity came in from family offices, hedge […]
We’re delighted to reveal the news that Money&Co.’s mission to help individuals take charge of their financial lives has taken another step forward. We’ve joined the SIPPclub. That means individuals who have their own Self-Invested Personal Pensions (SIPPs) can put our loans in them, and get the benefit of pension tax break while doing so. […]
CityA.M. today looks at our sector of the crowdfunding market. Harriet Green sets the context: “Alternative finance grew by 168 per cent in the UK last year, according to a report by Cambridge’s Judge Business School. While the oft-vaunted equity crowdfunding saw volumes totalling £83m in 2014, debt-based lending, via crowdfunding and peer-to-peer (P2P) platforms, […]