The three Brexiteers – Johnson, Davis and Fox – are reporting to the cabinet at Chequers today. The meeting promises to be lively. Not least because, according to Whitehall gossip, corroborated by a hearsay quote run by the BBC, “the three men ‘hate each other’”. The agenda itself, one assumes, will consist of: The legal […]
The Telegraph reports analysis from L&G that effectively advocates the use of alternative funding to boost the property market. The article, by personal finance editor Richard Dyson, looks at peer-to-peer (P2P) property-backed lending: “An L&G survey of 1,000 people found 27pc would consider funding house purchases by other people’s children. Of those, 39pc wanted to […]
There are several loan offerings from small and medium-sized enterprises (SMEs) in the platform’s pipeline. The question is: does your SME meet Money&Co.’s selection criteria? See this excerpt from our Knowledge Hub, where we address that very question of whether you and your business can qualify for a peer-to-peer (P2P) business: Only after your borrowing […]
Today we look at a welcome move on the equity side of the crowdfunding fence. The Enterprise Investment Scheme Association (EISA) has relaunched its EIS Diploma in a bid to attract more independent financial advisers to recommend the alternative investment, reports Citywire. “EISA is a trade body that represents the people connected to the Enterprise Investment […]
“A great idea can come from anyone,” opines Money&Co. CEO, Nicola Horlick, in a recently published initiative that looks at how women’s business ideas are treated. One of the conclusions to emerge from research into business funding applications was that women’s ideas are “just as strong as men’s but just one in seven innovation funding […]
Our attention has been drawn to risk analysis today. Professional Adviser, a media outlet aimed at financial intermediaries, runs a feature on peer-to-peer (P2P) lenders, and the risks and rewards of the loans on offer. Below we offer an extended excerpt of a recent article, followed by our own take on risk. “For many, the […]
Growth Business reports a FinTech story that includes a phrase – “market-ready” that has resonance for Money&Co. “Octopus Investments has launched a new fintech business, Octopus Labs, to fix what it considers is ‘the broken financial services sector’, with technology built in-house as well as sourced from later-stage fintech start-ups across the UK. “According to the new […]
The peer-to-peer (P2P) lending market is evolving all the time. Mortgage Introducer runs a feature on “disruptive” – very much a buzz word, but still appropriate – aspects of P2P lending. “The low cost structure associated with peer to peer lending has enabled platforms to pass on benefits to both borrowers and investors. Perceived superior […]
It’s what’s known in journalistic terms as “silly season”. So we thought we’d reprise some of the basics of lending via the mechanism of crowdfunding. 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 […]
The term “disruptive” is a buzz word in FinTech circles. But it’s popular for a reason. By bringing individuals looking for a good return on capital together with carefully vetted businesses seeking funds to expand, Money&Co. and fellow peer-to-peer (P2P) business lenders are rewriting the traditional lending model. Mortgage Introducer is the latest media outlet […]