Symbid, a crowdfunding and analysis platform based in Holland, is set to revamp its take on crowdfunding. The platform originally focused on helping entrepreneurs find equity investors for their start-ups. But it seems the editorial remit is changing, to include more than just equity, but also debt funding. “When it comes to funding, one size […]
International news agency Reuters reports on the fast growth and increasing awareness of peer-to-peer (P2P) business lending. The article examines the likelihood of P2P loans being included in NISA savings plans, and cites Money&Co.’s CEO, Nicola Horlick, who emphasizes the importance of working closely with regulators in this burgeoning young market. “Britain’s peer-to-peer lenders provided 1.24 […]
As the European Central Bank tries to avert deflation and attempts to promote growth in the Eurozone through its 1.1 billion euro programme of quantitative easing (QE), UK manufacturers face a difficult outlook. The effect of Europe’s troubles has been to push down the value of the euro and this has been reinforced by the […]
It seems that everyone wants to join our sector of crowdfunding. Two of the world’s leading investment banks are looking at a move into the fast expanding peer-to-peer (P2P) lending sector, also known as marketplace lending, and the space inhabited by Money&Co. Societe Generale and Goldman Sachs, prominent financial institutions both, are racing to embrace […]
The Financial Times (subscription required) reports that the Green Party believes that the “the existing banking system has failed and is no longer fit for purpose”. It would retain the UK government stake in Royal Bank of Scotland and Lloyds Banking Group, which were part-nationalised during the financial crisis, and use them to create a […]
Where next for marketplace lending – or peer-to-peer (P2P) business lending? Trade media outlet crowdfundinsider reports on an impending regulatory clampdown, as covered on this site yesterday. “The peer-to-peer lending industry has widely benefited from a regulatory approach that has been deemed quite progressive. Lending firms must register and be approved by the FCA but […]
The Financial Times reports that regulators are set to clamp down on the marketing of peer-to-peer (P2P) lending platforms amid concerns that some are mis-selling their products as “risk-free” savings accounts. The Financial Conduct Authority (FCA) is now scrutinising the clarity of advertising in an attempt to protect consumers, as the alternative finance sector rapidly […]
Money&Co. CEO Nicola Horlick highlights her concerns over deflation in her latest Huffington Post blog. “The price of Brent Crude has been languishing around and under $49 per barrel for over a week at the time of writing – its lowest level since April 2009. This continued weakness has resulted in a continued fall in […]
Our mantra for savers is simple: security, access, yield. Today we take an in-depth look at one element of this troika. First, let’s deal with the easy bits. If hard-pressed savers and deposit accountholders are looking for a good return on their capital, the yield issue is easily settled. Banks are slashing their deposit rates […]
The onward march of crowdfunding continues. At Money&Co. we are pleased – and not a little surprised – to see crowdfunding highlighted in New Scientist magazine. The magazine’s recent headline, reproduced above, is already earmarked as one of 2015’s stand-out pieces of reporting on our sector. “The rise of a new kind of crowdfunding website […]