The story of alternative finance is, perhaps unsurprisingly, a story of continuous parallel development. The alternative world develops and influences the mainstream. The genesis of peer-to-peer (P2P) finance was born of the need for alternative funding (and for lenders, yield source) not to be found in the mainstream. P2P loans of course are very different […]
The end of the tax year is approaching, and we currently have four loan auctions on site. All these loans can be held, up to £20,000, as Innovative Finance Individual Savings Accounts (IFISAs). IFISAs are explained in more detail below. Here’s the latest from the auction room: Mar-Key has a credit rating of A+, a […]
Things in the UK FinTech sector are good, and getting better – according to recent research showcased by our friends at The Fintech Times. We run an excerpt below: Dealroom, the data provider on startups, growth companies and tech ecosystems, has analysed findings for the UK’s Digital Economy Council that suggest the UK’s digital economy is now […]
With higher interest rates a widely predicted factor in our financial future, Fintech banking products are set to proliferate in the retail savings area. We’ve reported recent developments – and on banking products they must not be confused with P2P loan offerings of the type furnished on this platform – and will continue to do […]
The capital-management crisis behind the war in Ukraine is largely unseen and unfollowed. Prevailing analysis starts with the idea that buying gas from Russia is a bad idea as the cash is used to fuel Putin’s war machine. The thinking pretty much stops there too. There’s little doubt that control of capital is a key […]
One thing guaranteed to drive financial watchdogs mad is unfair investment comparison. It’s simply wrong to compare high-yielding products with inherent risk to bank deposits, which are safer but typically have much lower returns. Nevertheless, some operators do it – knowing that they ought not to – very frequently. At Money&Co., we offer carefully vetted […]
More moves on the PR front from the UK’s industry body Innovate Finance. It’s just launched the International FinTech Group to promote the UK as a global leader in the Fintech sector. This move follows the publication of the Kalifa Review of UK FinTech in 2021. We’ve reported on the Kalifa review before, and blogged on it […]
Open banking is the great hope for the future of a modern financial-services sector. But open banking does not mean “open goal” – it’s an opportunity that has to be taken the right way. Two of the UK’s largest banks Lloyds and Barclays have been notified of failures in complying with open banking rules by the UK’s […]
The end of the tax year is approaching, and we currently have four loan auctions on site. All these loans can be held, up to £20,000, as Innovative Finance Individual Savings Accounts (IFISAs). IFISAs are explained in more detail below. Here’s the latest from the auction room: Mar-Key has a credit rating of A+, a […]
Today we bring news of another new loan offer to land on site. It has a credit rating of A, a gross yield of 8 per cent and a term of 12 months. It is currently 9 per cent filled. Harris & Co is seeking funds to pursue cavity wall insulation claims. Security consists of, […]