City A.M. reports on a long-awaited move from the top regulator. Mini-bonds, which have seen too many investors lose a lot of money, are on the way out. Here’s a an excerpt from the report. The Financial Conduct Authority (FCA) today set out to ban the mass marketing of speculative mini-bonds to ordinary investors. The […]
P2P lenders could be in for further scrutiny from the Financial Conduct Authority (FCA) after the collapse of FundingSecure exposed client money failures, compliance experts have warned in a report by our friends at P2P Finance News. At Money&Co. we had a routine audit with the FCA a few months ago – and passed with […]
Growth comes at a price. There are two ways to build a platform lending business – a dash for growth, or a more conservative, organic build. At Money&Co., we have opted for the second approach, using a conservative risk-analysis model. As a consequence, we have facilitated a relatively low volume of loans at under $20 […]
The story of finance since the turn of the century has been one of the industry’s forging ahead, and regulators and legislators struggling to keep up. Financial technology is very exciting and innovative – but the new world is full of new risks as well as rewards. These need to be monitored. There are several […]
Today, we offer an excerpt from an interesting take on regulation from our American cousins. This opinion, piece, in Forbes magazine, deals with the regulation of digital assets and financial synthetics – but it offers a different way of looking at things during a period of change in the regulation of financial markets, including alternative […]
Regular readers will be aware we like to revisit our popular managed portfolio service. Here’s a brief reminder of its attractions. Clients of the Money&Co Portfolio Service have access to loans with a typical fixed return of 7%, without the need to manage a portfolio of loans. You will receive a quarterly statement with detail […]
Leading journalist Jeff Prestridge paints a damning picture of the UK’s “supposed financial watchdog”, the Financial Conduct Authority (FCA) in The Mail On Sunday. The essence of the argument is that the FCA could and should do more. The failure to spot the shortcomings of the London & Capital Finance bond offering looms large. We’ll […]
Money&Co.’s plans to apply for a UK banking licence next year to allow the taking of deposits from retail investors are no secret. Less well-known are the exciting new lines of business coming up. Watch this space. The convergence of mainstream and alternative finance is underlined by a move from HSBC to offer a app […]
The new loan from Mar-Key Marquees Limited, rated A+ , is making good progress. It is 28 per cent bid at the time of writing. The company manufactures and rents out large marquee structures for events like the America’s Cup. The stock held by the company is of a high value as the posts for the […]
The trade financial press last week reported this company’s application for a banking licence. Amid all the uncertainty surrounding Brexit as the application is pending, this is a good opportunity to underscore our continuing commitment to lending to high-quality, small companies. Our mission is to help carefully vetted small and medium-sized enterprises (SMEs) find capital […]