Our friends at AltFi report a survey conducted by leading City law firm, Simmons & Simmons, which predicts a boom in financial technology (FinTech) mergers and acquisitions. We offer an excerpt of the article below. Our own experience of the peer-to-peer (P2P) business lending sub-sector of crowdfunding – one of the fastest-growing parts of FinTech […]
Freedom of choice or labour-saving device? There’s been some concern in certain quarters that some players in the peer-to-peer (P2P) business lending sector of crowdfunding will no longer allow investors on their platforms to choose which specific companies they want to lend money to. Leading commentator David Prosser, who profiled our CEO in Forbes a […]
Congratulations to our friends at P2P Finance News, which has just celebrated its first anniversary. A recent summary piece looks at the peer-to-peer (P2P) lending sector of crowdfunding – of which Money&Co. is part – and asks if P2P has gone mainstream. Our contention is that the moment has not yet come – but it […]
We have a new loan proposal in the telephony sector on site. The £300,000 offering is risk-rated at A, which puts it at the lower end of the spectrum of risk, as appraised by our credit committee. The duration of the loan is 60 months, and the indicative gross interest rate is 8 per cent. […]
We are proselytisers. Part of the remit of this platform is to explain the benefits and the risks of investing in peer-to-peer (P2P) business loans, and to broaden the understanding that P2P is a legitimate asset class. So we welcome this piece in the Investment Observer, which looks at P2P, with its attendant income benefits, […]
Competition is a good thing, especially in financial services. The latest competitor is Goldman Sachs, which has long made clear it intention to get into peer-to-peer (P2P) lending. A heavyweight like this can only be good for general acceptance and understanding of P2P assets as a mainstream, investable entity. Our friends at P2P Finance News […]
The take-up figures for the end of the last tax year are now in. HMRC has divulged that some 2,000 investors took out an Innovative Finance Individual Savings Account (IFISA) in 2016-17. In the context of the billions in Cash ISAs that might not seem a lot of money. But given the late arrival of […]
We are pleased to announce the launch of a new loan offering on site from an established borrower. The GH5 loan is a fixed-rate 8 per cent yield for a three-year term. Below we offer an extended excerpt from the borrower’s pitch (we have used our best endeavours but cannot warrant the truth of these […]
Crowdfunding is often little more than a new name for a familiar business model. For example, fractional business ownership, where the fractions of ownership are bought and sold is a very old form of investment, known as share ownership. It’s also, if you do the transaction by screen via a crowdfunding platform, known as equity […]
Money Observer reports on what it deems a slow start for the Innovative Finance Individual Savings Account (IFISAs, here termed Peer-to-peer ISAs). The article focuses on numbers – but the salient contextual point only comes deep into the body of the piece. Take-up for IFISAs was good – and would have been even better, had […]