A new £250,000 loan offering, yielding seven per cent and risk-rated A, has landed on site. The lender is seeking to fund claims for financial mis-selling. The term of the loan is 15 months. It’s already 41 per cent subscribed. Below are some details from the borrower’s pitch – as ever, we’ve done due diligence […]
Today we bring news of expansion of our FinTech sector across Europe – all of this ahead of new loan offerings landing shortly on site, as previously highlighted here. Our friends at Altfi report: SMEs across Europe hungry for cash have a new digital bank to turn to in the form of Fibr, which launches […]
We await the imminent arrival of several new loan offers on site. Ahead of these offers, we have reviewed the cash positions of many lender – and see that many have simply parked cash in their accounts without allocating it to a loan. That capital only produces income for lenders when it is put to […]
It’s now or never. Our current loan offer, Fleetwood Legal Ltd 2, is closing today. The offer is currently 50 per cent subscribed. If you wish to make a bid, then please do so soon. Money&Co. lenders have been funding legal claims since May 2019. Over that period, and despite the issues that affected the […]
Our current loan offer, Fleetwood Legal Ltd 2, is closing tomorrow. The offer is currently 43 per cent subscribed, but the auction finishes tomorrow, whatever level of funding is achieved. If you wish to make a bid, then please do so soon. Money&Co. lenders have been funding legal claims since May 2019. Over that period, and […]
The pace of demand for the current loan offer for Fleetwood Legal Ltd 2 is picking up. The offer will close next week on Tuesday 19th October, at whatever level of interest the auction has received. Yesterday saw an influx of new money, taking the bid level up to 39 per cent of target, and […]
Time is running out. The current loan offer for Fleetwood Legal Ltd 2 will close next week on Tuesday 19th October, at whatever level of interest the auction has received. If you wish to make a bid, then please do so soon. Money&Co. lenders have been funding legal claims since May 2019. Over that period, and […]
We currently have a loan offer on site that is 25 per cent funded. We also have a number of lenders with money parked on deposit – where it is not loaned out and therefore not earning income. So we thought we’d remind visitors and registered lenders that lending to our carefully vetted borrowing companies […]
Digital banks, challenger banks (not quite the same thing) and the open banking initiative are individually and collectively ringing changes in the alternative-finance sector. Our friends at Altfi report the latest: UK Open Banking is undergoing its biggest shakeup in years. The body established by the CMA’s Retail Banking Market Investigation Order in 2017 to deliver open […]
The FinTech sector is undoubtedly booming. With buoyant funding levels, new product launches and acquisitions aplenty, our friends at Finextra report the latest. With VC investment in the UK’s financial technology sector soaring, Tech Nation has unveiled the 30 scaleups selected to participate in the fourth cohort of its fintech programme. The six-month government-backed programme […]