Crowdfunding is a general term for the process of raising money – “funds” – directly from “the crowd”. Typically, the crowd is constituted of a large number of persons each of whom contributes a small sum of money to a specific purpose. What do we mean by a “person”? For crowdfunding purposes, a “person” is […]
Money&Co. CEO, Nicola Horlick, spoke at a business leaders’ debate on the General Election and its potential impact on the world of finance, at a recent forum organized by Bloomberg News in the City. Nicola praised the way the coalition government has encouraged providers of alternative finance. The government and financial regulators, notably the Financial […]
The current stagnation is unprecedented and is difficult to explain, says Money&Co. CEO, Nicola Horlick in her latest Huffington Post blog. “It appears that more people have been employed and they are being less productive,” she adds. “There has also been a drag on productivity as a result of the fall in the oil price […]
We’re pleased to report strong atcivity on site, with a surge of lender interest for the loan offering by Olsen Doors & Widows, a B-Rated offering with a gross yield of 11.1 per cent at the time of writing. The offering has attracted 33 per cent of its £250,000 funding target, adding more than six per […]
This week end a Daily Mail article examined the situation of a category of consumer defined in its headline as “fed-up savers”. The wording of the piece is self-explanatory. “Increasing numbers of savers are tempted to cut out the banks and direct their money into Peer-to-Peer (P2P) loans – and no wonder, with returns of […]
Crowdfunding is growing fast, but is still a young industry. One of the things we need to help us grow – especially in our sub-sector of peer-to-peer (P2P) business lending – is reliable data. Good data is needed to form accurate judgements about borrowing companies. Moreover, as P2P crowdfunding matures, lenders will need reliable track […]
Money&Co. CEO, Nicola Horlick, offers a view of where the European and US economies are going in The Huffington Post. This, of course, ultunately affects the performance of th UK economy – and the prospects of the borrowing small and medium-sized enterprises that we bring together with people, the Money&Co. lenders. Here’s the first part of Nicola’s […]
Today, we bring you a trenchant piece on the future of finance from commentator, Philippe Gelis, writing in Chris Skinner’s Financial Services Club Blog. Those traditional banks that haven’t woken up to the ongoing revolution really should sit up and pay attention. “The financial industry is one of the last large industries that have not […]
It may seem complacent, but we always knew we were in a good place at Money&Co. Bringing people and businesses together in peer-to-peer (P2P) business lending is a central part of the burgeoning alternative finance industry. And according to recent article in Bridging and Finance, “the rise and growth of the UK’s alternative finance industry […]
Markets don’t like uncertainty, as Money&Co.’s CEO, Nicola Horlick, points out in her latest blog. “The polls continue to suggest that the election result is far from certain in the UK and this is affecting the stock market and currency markets. The FTSE 100 index fell 1.63 per cent in March and Sterling has been […]