The successful completion, yesterday, of the latest £300,00 A-rated loan offering on site, offers an opportunity for reflection on where we are as a company and as industry players, ahead of the imminent launch of new offerings. We’ll be announcing the new loans on site, and emailing our registered lenders. We’ve found an interesting and […]
Our latest auction is fast approaching nearing completion – with 93 per cent funding at the time of writing. As often happens when a loan auction nears the close, the pace of bidding increases, and the competition to grab a piece of the funding action means that the cheaper offers of credit will drive out […]
Managing money is undoubtedly a complicated business. Money management is a whole sub-sector of financial services dedicated to getting the best value for capital invested. All the while, the money managers have to use their best efforts to keep investors’ capital safe. The universal, financial truth asserts itself again: there is no profit without risk. […]
Peer-to-peer (P2P) loans are increasingly becoming accepted as an investable asset class for pension plans. Although P2P loans are higher risk than cash deposits at banks or building societies, and are not protected by the terms of the Financial Services Compensation Scheme (FSCS), carefully vetted loans have proved very attractive to an increasing number of […]
It’s now officially autumn. The nights are drawing in. Temperatures are dropping. It’s getting cold outside. You’ve probably already guessed where we’re going with this. It’s in the cold and the dark that holders of cash deposit accounts find themselves right now. Inflation is rising, but cash deposit rates certainly aren’t. According to independent savings […]
The European Commission has promised to “prioritise fintech” in its proposals to revamp its financial supervision strategy, according to a report from our friends at P2P Finance News. We run an excerpt from the article below, and leave it to you whether this is all too little, too late, in the light of forthcoming political […]
As our sector of alternative finance matures, so does the regulation and oversight. The peer-to-peer (P2P) business lending sub-sector of crowdfunding is where we operate, and, with the advent of the Innovative Finance Individual Savings Account (ISA) a lot of attention has rightly been devoted to P2P. It’s right because companies such as Money&Co. will […]
We often report on news from the other side of the crowdfunding fence. Equity crowdfunding typically focuses on very small or start-up companies seeking to give away a stake in the business in exchange for growth capital. Debt crowdfunding, which is what we do, helps better-established businesses (the average age of our borrowing companies is […]
The story of mergers and acquisitions in the financial technology (FinTech) sector has, as they say, “legs”. Yesterday we brought you news of a survey predicting much corporate activity in FinTech, and today sees the finalisation of an important deal the market already knew about. It’s symptomatic of the fast-growing, rapidly changing and very exciting […]
Let’s start with some serious stuff. It’s small wonder that many income-hungry investors are turning to peer-to-peer (P2P) lending. Cash deposits currently pay, according to independent comparison site, Moneyfacts, two per cent at best. Money&Co. lenders have achieved an average of 8.6 per cent in the three and half years of facilitation and nearly £10 […]