The latest tranche of the Seascape offering has just been released to market. The offer is for £250,000, with a fixed-rate yield of 8 per cent. The term of the loan is five years. Below we reproduce an extract of the borrowing company’s representations to lenders. While the offer has been subjected to our risk-analysis […]
The collapse of one of the better-known players in the peer-to-peer (P2P) lending sector should give everyone pause for thought. Below we post an extract from a sensible article by our friends at P2P Finance News. The writer finds three reasons for lenders to keep faith. We have an extra one of our own. The […]
Our friends at P2P Finance News bring news of expected changes to P2P regulation. We recently consulted with the Financial Conduct Authority holding a series of constructive and useful meetings. We look forward to the engagement between the FCA and the Tax Incentivised Savings Association (Tisa), which is well-run and has good people working for […]
As the latest loan offering on site moves to a close, we thought it opportune to remind lenders and visitors that there is a secondary market in Money&Co,’s peer-to-peer (P2P) loans. The loan market is the place where you can sell some or part of a loan that you already own. We charge 0.25% commission […]
The ritual danced between alternative finance and the mainstream continues. Our own peer-to-peer (P2P) lending sector is at the fore of this process. Here’s just one of many reports carried in News over the past five years. The latest news is carried by our friends at P2P Finance News, which looks at recent research indicating […]
The Oxford University Law Faculty looks at regulation in the light of what it calls a data-driven Big Bang. This paper examines initiatives in financial and trade reporting (MiFID II), data protection (GDPR) and open banking (PSD2) – all of which have Europe-wide effect. The argument runs that the collective effect of these separately designed […]
Hello and welcome to the late-starting working week. Today, we’re sharing an opinion piece in FT Adviser. It’s replete with wisdom and common sense about the much misunderstood peer-to-peer (P2P) sector. Imagine an asset class where investor returns have been overwhelmingly positive every year since its inception and incredibly stable, hovering around the mid-single digits, […]
The signals on funding for small and medium-sized enterprises (SMEs) are mixed. Every few weeks research is released that purports to show SMEs are waking up to the funding available outside the traditional banking mainstream. Then along comes data that seems to demonstrate the opposite. Below is an upbeat report published here just over a […]
Peer-to-peer (P2P) lenders have done well. With an annual default rate of less than 0.3 per cent over more than £15 million facilitated, Money&Co. lenders have achieved returns of more than 8 per cent gross. But P2P loans are riskier investments than cash deposits as an asset class – and ease of access. We’ve attached […]
Cryptocurrencies, with Bitcoin to the fore, had a very good four weeks to the middle of May, with Bitcoin, the bellwether of cryptos, gaining in value by around 20 per cent. There’s been a retrenchment since then, but general interest in cryptos has been piqued once more. So the following warning from the Financial Conduct […]