Today, we take a peek over the fence at our cousins in the equity side of the crowdfunding fence. Our friends at Crowdfundinsider report a healthy state of affairs: “As everyone knows by now (or at least they should), small and medium-sized businesses are vital for economic growth and prosperity. SMEs are the job creators in the […]
How will peer-to-peer (P2P) lenders fare when interest rates fluctuate? That question is frequently posed in the mainstream media, which is beginning to show increased awareness and understanding of the P2P lending sector – one of the fastest-expanding sub-sectors of alternative finance. The Bank of England’s lowering of base rates earlier this year has so […]
Today’s news stories focus on recent calls for change in the equity and our own peer-to-peer (P2P) crowdfunding sectors. Change is inevitable in a young industry. But is it good? Here are our modest, tentative proposals for equity and debt crowdfunding. The Peer-to-Peer Finance Association (P2PFA) has said it wants tighter regulation. Some believe the […]
Young industries, such as our own alternative financial sector, are exciting but subject to change. At Money&Co., we take the view that calls for reform are inevitable and often useful – no-one can get it all right first time. Below, we run an excerpt from Economia, which reports a call for reform of the equity […]
Repetition can be a rhetorical device of great effect. Mostly, it’s just dull – the sound of not very bright people agreeing with themselves (It is. It is. It is.). So hats off to Phil Geraghty of Crowdfunder, Darren Westlake of Crowdcube and Money&Co.’s CEO, Nicola Horlick, (see opiucture, above) who spoke at length and very […]
And so to Shoreditch. This ancient part of London, frequented by Shakespeare and his troupe, The King’s Men, in relatively recent times, played host to a conference on modern, cutting-edge finance. Crowdfest, mounted in association with the UK Crowdfunding Association, covered the full gamut of alternative finance, and continues tomorrow. You can register here. Money&Co. […]
Change is afoot in the world of finance. So much so, that sooner or later alternative finance will have to redefine itself (the price of success is being tagged as boring old “mainstream”). Two recent reports of this trend are worthy of note. David Prosser, a friend of this platform and a noted commentator on alternative […]
Peer-to-peer lenders have said there is an “urgent” need for tougher regulation of their own sector to ensure that consumers understand the risks they are exposed to, according to a recent report in The Financial Times. The reported intention is to avoid “a future backlash if investments fail to perform.” At Money&Co., we welcome this […]
As alternative finance engages with the public, the rough inevitably mixes with the smooth. See this report from Blue and Green Tomorrow: “Following the release of complaints figures from the FCA, Hannah Maundrell, Editor in Chief at money.co.uk has responded with these statements: “Whilst it’s great to see the overall number of FCA complaints coming down, it is […]
Today, we bring you news of consolidation in the peer-to-peer (P2P) lending market. Our tale manifests this in two different ways, on either side of the Atlantic. In the UK, figures from the P2PFA, a trade body representing the larger P2P platforms, show a minor contraction in the rate of lending growth: “The UK marketplace lending sector […]