The run-up to the summer break is always a busy time – and never more so than this year. Tomorrow, we have drinks at our Bruton Place offices. Lenders and borrowers can mingle with investors, as members of the Money&Co. team and some of the users of our services talk about their experiences. It’s now […]
The role played by the Enterprise Investment Scheme (EIS) in funding small businesses appears to be greater than ever, with official figures from HMRC, otherwise known as the taxman, revealing that investment through the scheme soared to £1.4 billion last year, writes enterprise-ip.com. For the full story, click here. We like to think we’re […]
Yesterday we wrote about the debate surrounding peer-to-peer (P2P) loans as an asset class. We’re a young industry, producing new things – although really, we’re just like an old-fashioned credit union with a fancy 21st-Century internet platform instead of a big leather-bound ledger. The UK’s chief regulator, the Financial Conduct Authority (FCA) is considering how […]
What’s in a name? That which we call a savings product is, apparently, very different from a portfolio of loans. Money&Co.’s CEO, Nicola Horlick, a fund manager of more than 30 years’ standing, today argues in her blog that a well diversified crowdfunded peer-to-peer loans should be treated as a savings product. She adds that […]
The current government has been very keen to encourage individuals to invest in private companies through improving the Enterprise Investment Scheme and introducing the Seed Enterprise Investment Scheme. It has also made it relatively easy for individuals to invest in the debt of private companies through platforms like Money&Co. by encouraging the Financial Conduct Authority […]
Take the trouble to understand what you’re putting money into. The things that you can gain access to via a crowdfunding platform such as Money&Co. are typically different from traditional bank accounts and savings products. They are a different type of asset, an alternative way of deploying money in what is known as the alternative […]
Crowdfunding is the process of raising money – “funds” – directly from “the crowd”. Typically, a large number of people each contribute a small sum of money. Here’s the practical process: If you have a compnay with at least three years’ filed accounts, a good track record of profitability (and the company needs to currently […]
Crowdfunding is generally thought to have originated in the United States, with the first widely acknowledged usage of the term coming in 2006 from a failed attempt to raise funds for a video project. European crowdfunding is catching up with the US. According to a report from Cambridge Judge Business School at Cambridge University, the […]
Crowdfunding is the process of raising money – “funds” – directly from “the crowd”. Typically, a large number of people each contribute a small sum of money. Here’s the practical process: If you have a company with at least three years’ filed accounts, a good track record of profitability (and the company needs to currently […]
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 […]