Kiki Loizou in The Sunday Times tells a story we thoroughly relate to. The crowdfunding lender wasn’t Money&Co., but might well have been (assuming the company met our requirements of least three years’ filed accounts, a history of profitability and acceptance of a legal charge [and no other debt] on the assets of the borrower […]
Today we offer a primer on crowdfunding. It’s based on one of the articles in our knowledge hub. We have plenty of tips and other information for the curious in the crowd… Crowdfunding is a high-tech renaming of old business models. But it’s not just a name-change – the high-tech aspect produces efficiencies and […]
Did you catch Money&Co. CEO Nicola Horlick’s crowdfunding rallying cry for the coming financial revolution in her latest Huffington Post blog? It’s attracted wide attention online, but in case you missed it we reproduce selected highights below. “Crowdfunding is not a new concept. Stock markets are in effect a form of crowdfunding with individuals or […]
We’re delighted to announce the arrival of a new loan on site. Selwyn Building Services (SBS) is seeking a three-year loan to accelerate its business development. The company has been through our rigorous credit-analysis process and been awarded a ‘B’ rating, with a guideline indicative gross yield of 9 per cent. Below, we produce some […]
We offer a couple of worthwhile third-party observations today – one longer, one shorter. James Wise of Balderton Capital blogs in CityA.M. on the diversity of the crowd in crowdfunding. “The investors on crowdfunding platforms are much more diverse and representative of society in toto than the bank clerks of yesteryear, and as a result […]
Our part of crowdfunding is getting ever more crowded. Judith Evans reports in The Financial Times on a surge in the number of peer-to-peer (P2P) lenders seeking authorisation from the Financial Conduct Authority (FCA). “More than 100 peer-to-peer lenders have applied for full authorisation from the City regulator as entrepreneurs jostle for territory in the […]
Are you a saver concerned about interest rates and yields? Nicola Horlick’s latest blog addresses these issues directly: “If US rates rise, what impact will this have on the UK? Many are predicting that UK interest rates will start rising from the end of the first quarter of 2016. However, the UK is more dependent […]
The latest US employment data has just been published. It shows that 215,000 new jobs were created during July, which fell short of the consensus forecast of 223,000. Despite the shortfall, economists believe that US interest rates are likely to rise for the first time since 2006 when the Federal Reserve meets in September. One […]
We may not be bigger, but it seems we might be better. The UK’s peer-to-peer (P2P) lending market is fast-growing and, per capita, draws more commitment from lenders, according to a report from Business Insider. The report draws on a research document compiled by Business Insider, with supplementary data from Cambridge University and Ernst & […]
The portfolio tracker and dealing service iii.co.uk runs a sponsored feature on crowdfunding in general and peer-to-peer lending (P2P) in particular. While the mentions of individual market participnts are effectively paid-for, the preamble paints an accurate and encouraging picture of the state of health of our industry and its P2P sub-sector. “Crowdfunding and Peer-to-Peer Lending […]