In the final stage of his odyssey through cryptos, digital tokens and currencies, our communications director, award-winning journalist Martin Baker, draws some sobering conclusions and reveals his own plans for potential future investment in this volatile sector. The conventional wisdom nowadays is that cryptocurrencies have moved beyond being tools of criminality. From what I see, […]
Martin Baker, Money&Co.’s director of communications, continues his journey through the fast-changing and intensely competitive world of digital currencies Private v Public Digital Money One of the reasons the central banks are so keen to popularise CBDCs is the fear that investment and digital banks will privatise the money supply. The private sector is scrambling […]
Our latest loan offerings, risk-rated A+ and yielding seven per cent, are currently 57 per cent and 36 per cent filled. It’s at moments such as these that we like to review the bid process. Some of our lenders have been rather passive – they have parked cash in their accounts without allocating it to […]
This year has proven to be one of tremendous progress in the world of cryptocurrencies, digital tokens and central-bank digital currencies. But progress comes at a cost. The land of opportunity can also turn into the Wild West, as our friends at The Fintech Times report: Billions of dollars in crypto assets have been stolen […]
Many an eyebrow was raised at the timing of this week’s tiny rise in base rates. Our friends at leading trade publication, P2P Finance News, called to ask our reaction. We excerpt the lead of the story below. Peer-to-peer lending platforms have claimed that the Bank of England’s base rate increase to 0.25 per cent […]
Martin Baker, award-winning journalist and head of communications at Money&Co., opines on central banks, their competition for CBDC dominance and their dislike of cryptos Regulators Dislike Cryptos Regulators by definition cannot control tokens outside their banking system, so their antipathy is natural enough. This can spill over into wishful thinking. The Bank for International Settlements’ […]
There’s good news about what promises to be a very string new financial year ahead. We were recently called for an update by leading trade publication, P2P Finance News. The report is set out below. Money&Co. made a loss of approximately £200,000 in the year ending 31 March 2021, but the platform’s chief executive Nicola […]
Today we reprise the loan offer terms of the latest offering to land on site. For full details, register and log in here. As ever, we have put our best efforts into ensuring the veracity of the borrower’s representations, but cannot warrant their accuracy. This is a £200,000 loan with a term of12 months. […]
Here’s a first take on the fast-growing central bank digital currency market, as the mainstream tries to compete with and subsume cryptocurrencies within the established system. Baroness Susan Kramer, former LibDem Treasury spokesperson, notes the growth of CBDCs and argues that “there’s a gathering momentum behind fiat digital currencies. China is among the leading countries […]
Following yesterday’s News item on Zopa’s withdrawal from the peer-to-peer lending market, Money&Co.’s founder and CDEO, Nicola Horlick, features in a round-up pf reactions, published by our friends at P2P Finance News. After 16 years, Zopa is exiting the peer-to-peer lending space, leaving an enormous gap in the market and raising questions about the future of consumer […]