Thanks to our friends at the crowdfunding intelligence platform, Another Crowd, for a measured response to criticism – some of it justified, some just plain daft – of the peer-to-peer business lending sub-sector of crowdfunding. We reproduce Another Crowd’s most recent article in full: “The financial press is asking difficult questions about US marketplace lenders’ business […]
Are you looking for funding for your business? Growth Business offers a primer to small and medium-sized enterprises (SMEs) looking for alternative finance. It’s a clearly written article, with sensible commentary in it. We reproduce excerpts below, with glosses for SMEs looking to get funding via our own platform. For detail of how we bring […]
Crowdfunding intelligence platform Another Crowd is one of many to look at the recent, much criticised report by Deloitte report on the peer-to-peer (P2P) crowdfunding sector of which Money&Co. is part. Another Crowd kicks off with a guest blog from Lee Birkett of eMoneyUnion: “‘I have just read a report from Deloitte’s “Head of UK […]
We’re talking about a revolution. Well, Luke Davis, co-founder of Money&Co. and CEO of equity-raise specialist firm, IW Capital, is. Here, courtesy of our friends at Business Quarter, he looks at “the hugely important role alternative finance has in filling the finance gap left behind as banks withdrew their SME lending options. “Britain is on […]
It’s not quite the seething mass of contradiction offered by the Brexit debate, but the crowdfunding and alternative finance scene is certainly not short of mixed messages. Yesterday’s story on the Deloitte report suggesting that banks wouldn’t be facing that stiff a competitive challenge from peer-to-peer (P2P) business lenders is followed by a tale of […]
The future of peer-to-peer (P2P) business lending, also known as marketplace lending in the US, is the subject of intense contemporary debate. The problems at the leading marketplace lender, Lending Club, in the US are well documented. So the advent of a new report on the sector from the consulting arm of Deloitte is particularly […]
News of the death of peer-to-peer (P2P) lending in the United States is, as the great American writer Mark Twain put it, greatly exaggerated. The New York Times runs a measured piece on the Lending Club fallout for P2P in the US. The article cites academic research from professors at Colombia and Fordham universities with […]
If courage is grace under pressure, as the American writer Ernest Hemingway put it, then now is the time to demonstrate some pluck. It took a while, but the fallout from the problems of Lending Club, the flagship for peer-to-peer (P2P) lending in the US, has started to rumble through the media. What happens to […]
TechCrunch runs a piece on nomenclature – ventilating an argument we’ve been airing for some time. The industry needs to be more precise in its terminology, as loose usage creates confusion. At Money&Co. we operate in a sub-sector of crowdfunding. Our commercial activity is to bring individuals together with carefully vetted small companies seeking to borrow […]
What do recent events at Lending Club, a leading peer-to-peer (P2P) lender, mean for us in the UK? Money&Co. engages in P2P business lending, putting individuals together with carefully vetted small and medium-sized enterprises (SMEs) to provide good returns for lenders and much-needed funding for borrowers. The financial world is inter-connected, and it’s reasonable to […]