One way of challenging banking norms – an increasingly popular activity nowadays – is to offer cashback. Assuming cash remains popular, which is probable in the short term, this new development, reported by our friends at Crowdfundinsider, could have quite a radical effect across the alternative-finance sector: Upside Saving, a UK-based open-banking-marketing-platform connects Brands with […]
Regular readers of this News section will be aware of Money&Co.’s increasing focus on niche markets, such as music-rights lending, and property-backed loans. Our friends at AltFi report on the current shape of the overall UK alternative-finance lending sector here: LendInvest was responsible for the lion’s share of peer-to-peer property lending in 2019, accounting for a […]
We return to a familiar theme today – the benefits of spreading loan assets across a wide range of companies, and in so doing, mitigating risk. We run an excerpt from an earlier, home-grown piece here in News on the benefits of diversification. Clients of the Money&Co Portfolio Service have access to loans with a […]
Our friends at P2P Finance News recently came calling. We are happy to run their short news report: Money&Co is looking to expand its lending into TV and film rights as well as other areas of legal finance such as divorce. The peer-to-peer business lender has already pivoted into the niche areas of music loans and […]
We are not alone. Although whether the UK and our European friends are heading in the right direction is another matter. We’ve all been taking advantage of government support to get the SME sector through this horrible Covid-19 crisis. Little seems certain, other than that governmental aid has been a good idea – even if […]
“Despite economic uncertainty, angel investors are continuing to invest in early-stage businesses and are optimistic about the future, the British Business Bank has found.” Is this a realistic appraisal or something akin to the jingoistic drivel (eyes, shut, fingers in ears – it’s all fine) we’re being fed on the political front? Our friends at […]
Today we bring you a snapshot of the volatile alternative-finance lending sector. Our friends at AltFi run a piece on its recently published market report. One of the outcomes seems to be that Europe is catching up and will soon overtake the UK market: European originations among peer-to-peer and marketplace lending platforms soared by 80 per cent […]
And so it has come to pass. We’ve long kept a weather eye on the difficult journey of Lending Club, the leading direct lender in the US FinTech sector, since its flotation on the New York Stock Exchange in December 2014. We’ve reported several times in News and in our Blog section. Now, Lending Club […]
Today, we bring news of a very strong statement of intent from a new North American player looking to invest in the UK Fintech sector. The timing is bold: many players have been struggling; the early form of peer-to-peer (P2P) lending is disappearing in favour of niche lending to businesses with asset-backing pretty much a […]
Change is the one constant of the stories surrounding Covid-19 and its effect on our markets – small and medium-sized companies, and FinTech players in the alternative-finance sector. More on the problems of bounce-back loans soon. Meanwhile, our friends at P2P Finance News P2P Finance News report research on the new thinking the crisis has […]