Regular readers will be aware that the Cambridge Centre for Alternative Finance (CCAF), part of the University of Cambridge Judge Business School, is a friend of Money&Co. Here’s just one of our recent reports on an institution we consider the leading source of data and analysis in the alternative finance industry. The CCAF has published the single most […]
We’ve been reporting regularly on the Coronavirus Business Interruption Loan Scheme (CBILS). We see CBILS as a great idea whose execution is, at best, uneven. Our friends at P2P Finance News run a piece on the Coronavirus lending initiative, leading with a quote from Money&Co. CEO, Nicola Horlick. See an excerpt from the article below. […]
Finance in the time of the Covid-19 virus… The government FinTech industry body Innovate Finance is joining the call of non-bank lenders for the government’s support in ensuring the lending to UK SMEs actually works. The idea is good; the intention is god – but the execution seems to be falling through the cracks. The money appears […]
Possibly the most notable FinTech contribution to help correct some of the disruption caused by coronavirus is the Covid Credit calculator. Our friends at AltFi cover this, and other innovations. We reproduce an excerpt from the news article below, and the full piece is available here. Covid Credit is a platform created by a collaboration between Fronted, 11:FS and […]
We’re politically agnostic here at Money&Co. – our only concern is finding high-quality borrowing companies to bring together with lenders seeking good returns on capital – so we try to let the facts speak for themselves. UK banks have now lent £453m through the government’s coronavirus business loans scheme as it picks up following an […]
Regular readers will be are that we like to keep a weather eye on cryptocurrencies and alternative assets. Our major focus is on the exciting new music-rights loan offering currently on offer (see below the excerpt on cryptos). Our friends at Crowdfundinsider take up the story: Big Four auditing firm PricewaterhouseCoopers (PwC) reports that the majority of global […]
There are relatively few new offerings in platform lending just now – for obvious reasons. Many investors have chosen the flight to cash (see this piece from AltFi on record inflows into an Octopus cash account). But we have an offering that bucks the trend – for all the reasons set out just below. The […]
We’re pleased to report that a new tranche of the warmly received loan offering from music publishing company Bsides Music is now available. It’s already 8 per cent subscribed as we write this article. In a stay-at-home world where streaming music is more popular than ever, owning music rights has great attractions. Our latest offering […]
Amid the doom, gloom and uncertainty, it’s good to see the FinTech standard-bearer, Revolut, forging ahead. We’ll be doing more business as usual very soon (see below). Meanwhile, our friends at AltFi take up the Revolut story. Digital banking service Revolut has given regular customers access to cryptocurrency trading for the first time, a feature previously reserved […]
One of the many things we’re learning from the current Covid-19 crisis is that, while central government has a very important role to play in this terrible situation, it’s still difficult to get things done. In the case below, the bureaucratic sclerosis comes mainly from the mainstream banks. AltFi reports on the teething problems of […]