Our latest loan offer from a familiar borrower, Harris & Co. in the litigation claim sector, is available on site. The loan is risk-rated A by our credit committee. It has a gross yield of eight per cent, for a fixed term of 12 months. The loan offer closes when filled. Below is some […]
As we reported yesterday, the Global COVID-19 Fintech Impact and Resilience Study, published by the Cambridge Centre of Alternative Finance (CCAF), the World Bank Group, and the World Economic Forum, has concluded that the FinTech industry was more resilient to the pandemic than previously stated in an earlier report from December 2020. Money&Co. was one […]
The Global COVID-19 Fintech Impact and Resilience Study, published by the Cambridge Centre of Alterative Finance (CCAF), the World Bank Group, and the World Economic Forum, has concluded that the fintech industry was more resilient to the pandemic than previously stated in an earlier report from December 2020. Money&Co. was one of 1,448 fintech platforms […]
A new loan offer from a familiar borrower, Harris & Co. in the litigation claim sector, is available on site, and attracting plenty of attention. Below is some detail of the offering, which is risk-rated A by our credit committee. Borrowing requirement: £100,000 Loan term: 12 months Purpose: Funding disbursements for cavity wall insulation (CWI) […]
The conventional wisdom – ie, widely accepted foolishness – is that we in the UK are hurtling back to the 1970s. Economic stagnation, coupled with inflation and general discontent are certainly on the scene. And now, after years of pretty much non-existent returns, cash deposit savers are getting a break, with new accounts offering some […]
The epithet “trailblazer” is often overused. But our colleagues in the alternative finance sector, Starling Bank, richly merit the name. There’s an arguably unresolved issue over governmental Covid-recovery loans (our view of the allegations is clear enough from our coverage – and from the lack of fire following the somewhat dubious smoke). Nevertheless, Starling remains […]
Whether a summer of discontent lies ahead or not, the immediate past has been pretty rosy for the small-business sector that Money&Co. and its cohorts serve. Our friends at Crowdfundinsider report: The British Business Bank has shared the results of its annual Small Business Equity Tracker and the numbers for 2021 appear pretty strong. The Equity Tracker uses data […]
The day will shortly dawn when the distinction between “alternative” and “mainstream” finance becomes meaningless. The established banks are stampeding into digital banking, open banking and the like. Meanwhile, “alternative” financial institutions – a category that includes Money&Co. – are seeking to broaden their product ranges to high-street levels. Our friends at Altfi report the […]
We start the week with a snippet of news from over the Irish Sea. Ireland is probably behind the UK in the adoption of payment apps, but the gap has narrowed. Our friends at Finextra report. “A payments app developed by Ireland’s high street banks to compete with the likes of Revolut has been given […]
It’s an open market, but it’s not a free-for-all. News reaches us of the rising tide of participants in the open banking market. Our friends at Altfi report: Less than four months after reaching a milestone of 5 million open banking users, the UK has hit a new record of 6 million users. The industry has clearly […]