Self-isolation and working from home come easily to the team at Money&Co. We have a small team and, thanks to a super-conservative approach to risk analysis, we have a business that functions well, despite difficult conditions in a Covid world. Incidentally, that conservative approach to risk analysis means that the flow of loan offerings on […]
The Coronavirus Business Interruption Loan Scheme (CBILS) has had a fair to middling start, at best. P2P Finance News reports a tale of a digital bank and a lending platform hitching up together to attempt to drive it forward. Our friends at P2P Finance News carry the tale : Funding Circle has announced that digital […]
When the mainstream falters, alternative finance attracts greater attention from investors. Today, we look at a piece run by our friends at P2P Finance News. The article deals with alternative investment, based on numbers from a player in the alternative investment market. A little independent research shows that there are plenty of alternative data sources […]
Much of the FinTech sector is in a state of suspended animation as the virus effects pan out. We’ve long been predicting a period of consolidation in the UK’s platform, or peer-to-peer (P2P) sector, and Crowdfundinisder brings news of fall-out in the American P2P market. This includes a story of a possible “fire sale” of […]
Money&Co. chief Nicola Horlick has warned of a tough year for the peer-to-peer lending sector, as the Bank of England predicts the deepest recession on record due to the pandemic. Our friends at P2P Finance News carry the story: City superwoman Horlick told Peer2Peer Finance News that she was pessimistic about the year ahead for […]
Investing in the Time of Covid is generating a lot of commentary. One of the more thoughtful voices amid the clamour can be found at Enterprise Research, which runs a guest blog by an academic from the University of Birmingham. We carry an extended excerpt below. Facilitated by increased access to the Internet and other […]
Ahead of the arrival of new offerings, especially suited to the locked-down environment (think music rights and streaming), we thought we’d offer one of our regular refreshers on how to lend to our carefully vetted borrowing companies. It is not a one-stage process. Investors who buy a fund or make a cash deposit into a […]
Chancellor Rishi Sunak’s much-anticipated bounce-back loans scheme is open for applications as of yesterday. The SME Web has detail. Delivered exclusively by lenders accredited by the British Business Bank, the scheme, announced on April 27, specifically targets small and micro businesses in all sectors, providing loans from £2,000 up to 25 per cent of their […]
Virus or no virus, cryptocurrencies are still with us. Mind you, in this emerging asset class you really have to pick your crypto. Scams must be avoided. Crowdfundinsider has news on the OneCoin saga (fans of “The Missing Crypto Queen” podcast will not be surprised at this development). Judge Valerie Caproni has lifted the stay on a […]
More moves in an alternative finance sector that’s working hard to adapt itself to new working conditions. Industry body Innovate Finance has appointed Mike Carter to lead its recently-established 36H Group, which took over from the Peer-to-Peer Finance Association in January. Our friends at AltFi take up the story. Carter has been appointed to the role of Head of […]