To quote from Shakespeare’s Hamlet: “There is nothing either good or bad, but thinking makes it so.” While the rest of the world gets on with interpreting everything in the light of the good (or bad) consequences of Brexit (if it ever happens), we can report that the digital economy and its FinTech sub-sector, of […]
Our friends at the crowdfunding intelligence platform, Orca, point out the pleasing progress made by the peer-to-peer (P2P) lending sector. “Over £10 billion has been cumulatively lent across 23 UK P2P platforms. In the first half of 2017 alone, over £2 bn was invested through P2P; a result of the diverse range of products available […]
Call it “alternative facts” or “media bias” if you will, but we can’t help but notice the large and increasing volume of stories that relate the unhelpful lack of clarity around the Brexit process. AltFi is the latest among many; it carries a report on concerns about late payment and Brexit uncertainty among SMEs. “More than […]
Forgive us if this sounds like algebra, but the investment business is taking an interest in the funding business. Yesterday, we brought you a report on the lamentable lack of knowledge and understanding of alternative funding. The small businesses that companies like Money&Co. want to find funding for seem to stop the search for capital […]
Maybe it’s just British reticence, but is seems that we – that’s the alternative-finance and Fintech sector – are just not loud enough. We need to make more noise, to beat our own drum more boldly. We need to make ourselves heard and understood by the small- and medium-sized businesses that online crowdfunding business lending […]
Our friends at P2P Finance News offer another report on the important difference Innovative Finance ISAs are making to peer-to-peer (P2P) lending. The developments relayed here certainly accord with our own experience at Money&Co., with a healthy flow of ISA transfers and new cash coming in in significant amounts. “INNOVATIVE Finance ISA (IFISA) investors are […]
Hats off to Business Matters magazine, for a timely and well-observed report on the importance of alternative finance for technology companies. The initial focus is on start-ups. “UK tech start-ups are receiving a lot of attention in the press. They’re something we’re rightly proud of – the UK is a centre of innovation. Tech investment in […]
We’re pleased to report a steady flow of conversions from Cash Individual Savings Accounts (Cash ISAs), as income-hungry investors look for the just-over 9 per cent average return (9.18 per cent) that Money&Co. lenders have been able to enjoy since the first offer went up on site over three years ago. To enjoy income tax-free, […]
Today, we start with an update from our credit-analysis department. A major new property-backed loan is going through the final processes of documentation and fact checking, and will be on offer next week at the very latest. The word is that it’s an innovative and exciting deal sited around the property-development sector, but its asset […]
Yesterday, ahead of the arrival of a major new loan offering on site, we looked at the income-seekers’ dilemma. Using research from the comparison site, Money Facts, we highlighted the news that the best easy-access cash accounts offer around a measly 1 per cent. But it seems there’s a better account out there – though there’s so […]